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Tesla Roadster Reservations Reopen September 21 Ahead of October 1 Unveil
Tesla reopens $50,000 Roadster reservations ahead of October 1 unveil in Waco. Buyers must deposit $5,000 upfront and wire $45,000 within 10 days. Production expected 2027 or 2028.
Realty Income Jumps on €528M KKR European Deal; Meyka Grades O a B
Realty Income partners with KKR on €528M European real estate deal. AFFO guidance raised to €4.44-€4.45 per share. Meyka grades O a B with 5.7% dividend yield.
Social Security COLA Set to Rise 3.5% in 2027, Boosting Average Check by $68
Social Security COLA forecast for 2027 shows 3.5% increase, raising average monthly benefits by $67.90. Official announcement set for October 14, with payments beginning January 2027.
Warren Buffett Steps Down as Berkshire Chairman; Son Howard Takes Over
Warren Buffett steps down as Berkshire Hathaway chairman after 56 years. His son Howard takes over. Buffett, 96, cites age and CEO Greg Abel’s success.
Bank of Japan Raises Rates to 31-Year High on September 18, Pressured by US and PM
Bank of Japan raises rates to 1.25%, a 31-year high, on September 18. Governor Ueda faces pressure from US officials and domestic politics as the yen weakens despite the hike.
German Diesel Hits Record €2.45 Per Litre as EU Weighs Windfall Tax
German diesel prices hit record €2.45/litre on September 18. SPD demands price cap from oil firms within 14 days or faces government intervention. EU finance ministers discuss windfall tax on energy companies.
Fed Hikes 25bps to 3.75%-4%, Hong Kong Follows With Rate Rise
Fed raises rates to 3.75%-4% for first time since 2023. HKMA hikes base rate to 4.25%. Inflation concerns drive unanimous decision despite Trump opposition.
Fed Raises Rates to 3.75%-4% for First Time Since 2023; Trump Demands 1%
The Federal Reserve raised interest rates to 3.75%-4% on September 16, 2026, the first hike since July 2023. Fed Chair Kevin Warsh cited elevated inflation and a strong economy. President Trump demanded rates be cut to 1% or lower.
Social Security COLA forecast for 2027: 3.5% increase means $68 more per month
Social Security COLA forecast for 2027 projects 3.5% increase, raising average monthly checks by $68. Official announcement set for October 14 after inflation data release.