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House Republicans Head Home With War Spending Win, Face Affordability Backlash in Midterms
House Republicans passed $95B war spending and military budget before recess. Democrats counter with affordability messaging as midterms approach with inflation and war costs fueling voter discontent.
Top 5 Australian Stocks With Strong Market Performance in July 2026
Australian stocks picked up pace in July 2026 as stronger global sentiment and easing geopolitical tensions encouraged investors to return to the market. On July 27, the S&P/ASX 200 recorded one of its biggest daily gains in weeks, led by technology, mining, and banking shares. A number of companies also benefited from positive earnings expectations…
Japan’s Asuka-Fujiwara Sites Named UNESCO World Heritage on July 26
Asuka-Fujiwara archaeological sites in Nara Prefecture inscribed as UNESCO World Heritage on July 26. The 19 sites span late 6th to early 8th centuries and show Japan’s transition to centralized government.
FTSE 100 Climbs 0.42% as Middle East Ceasefire Eases Market Jitters, DAX Surges 1.3%
On July 27, 2026, European stock markets moved higher as easing tensions in the Middle East lifted investor confidence. The FTSE 100 rose 0.42%, while Germany’s DAX gained 1.3% after reports of a ceasefire eased concerns about disruptions to global oil supplies. At the same time, crude prices moved lower, raising hopes that inflation could…
Oil Prices Drop Over 4% as US and Iran Ease Tensions
On July 27, 2026, oil prices fell by more than 4% after signs emerged that tensions between the United States and Iran were easing. The shift reduced concerns about major supply disruptions in the Middle East. Brent crude and West Texas Intermediate (WTI) both gave back recent gains as traders adjusted their positions following the…
Burnham’s Inheritance Tax Plan: 10% Rise and Pension Changes From April 2027
Burnham eyes 10% inheritance tax rise to fund social care. From April 2027, pension death benefits become taxable. Nil-rate band frozen at £325,000 since 2009.
Victorian Premier Jacinta Allan Faces Leadership Spill on July 29
Victorian Premier Jacinta Allan faces a leadership spill after losing majority caucus support. Deputy Ben Carroll confirms he will contest the leadership. The challenge is set for Tuesday’s caucus meeting.
Social Security 2027 COLA Set at 3.9%: What $78 More Monthly Means for 70M Beneficiaries
Social Security beneficiaries will receive a 3.9% COLA increase in 2027, boosting a $2,000 monthly check to $2,078. The adjustment reflects higher inflation but strains the program’s finances ahead of a projected 2032 trust fund depletion.
Social Security COLA 2027 Forecast Climbs to 3.8% as Inflation Persists
As inflation has stayed higher than many economists expected, the outlook for Social Security benefits in 2027 has improved. Recent estimates suggest the cost-of-living adjustment (COLA) could reach 3.8%, giving millions of retirees a larger monthly benefit next year. The Social Security Administration (SSA) is expected to announce the official COLA in October 2026, so…