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Social Security COLA 2027 Estimate Holds at 3.1% After July 2026 CPI-W Report
The Social Security COLA estimate for 2027 held at 3.1% after July’s CPI-W data release. The Bureau of Labor Statistics confirmed CPI-W rose 3.4% over the 12 months ending July 2026. That trend-based calculation, from MyFederalRetirement, stayed unchanged from last month’s projection. Other forecasters see the increase running higher, ranging between 3.4% and 3.6%. The…
Tata Motors Stock Surges Over 6%: Strong Q1 Results and Nomura Upgrade Lift Sentiment
Tata Motors shares surged more than 6% on Thursday, August 13, 2026, after a strong June-quarter performance. The stock opened nearly 3% higher at ₹470 and touched an intraday high of ₹485. Consolidated net profit jumped 83% year-on-year to ₹2,560 crore for Q1 FY27. Revenue from operations rose 19.3% to ₹20,667 crore. Nomura upgraded Tata…
MCX Shares at ₹2,970.80: UBS Signals More Upside After Fresh Upgrade
MCX shares are trading at ₹2,970.80 after UBS upgraded the stock to Buy from Neutral on August 12, 2026. The brokerage raised its price target to ₹3,800 from ₹3,600, citing strong Q1FY27 earnings, favorable regulation, and steady trading volumes. The upgrade reverses UBS’s own downgrade from May 29, 2026, when it flagged concerns over peak…
Japan’s Summer Jumbo Lottery Draws 1.2 Billion Yen Top Prize on August 12
Japan’s Summer Jumbo lottery draw on August 12 revealed winning numbers across three tiers. Premium tier offers 800 million yen first prize, standard tier 500 million yen, mini tier 30 million yen. Winners have until August 2027 to claim prizes.
Duke Energy Restores Power to Thousands as 115,000 Remain Without Electricity After Ohio Storms
Duke Energy crews work to restore power after severe storms left over 115,000 customers without electricity across Ohio, Kentucky, and Indiana. More storms possible August 13.
Tencent Q2 Profit Misses Estimates at RMB56 Billion as AI Spending Rises, Revenue Jumps 11% to RMB204.8 Billion
Tencent reported second-quarter 2026 results Wednesday, missing profit estimates as AI spending surged sharply. Net profit attributable to equity holders reached RMB56.0 billion, up just 0.7% year-over-year. That figure fell roughly 4% short of the RMB58.5 billion analyst consensus. Revenue climbed 11% to RMB204.8 billion, beating expectations of RMB202.7 billion for the quarter. Tencent Q2…
Tokyo Metro Hanzomon Line Resumes After Asbestos Found at Station on August 9
Tokyo Metro suspended the Hanzomon Line after asbestos-containing fabric fell from ventilation equipment at Hanzomon Station. Service resumed after cleanup and environmental testing confirmed safety.
US 30-Year Bond Yield Hits 5.28%, Highest Since 2007, as Inflation Fears Mount
US 30-year Treasury yield hits 5.28%, highest since 2007. Inflation fears, Middle East tensions, and Fed credibility doubts drive long-end surge. Australia’s 10-year yield approaches 5%.
Oracle Layoffs Could Intensify After 21,000 Jobs Were Cut Amid AI Expansion
Oracle layoffs are expected to intensify again before September 1, 2026, according to a Business Insider report from earlier this week. That follows a brutal fiscal 2026 in which Oracle already eliminated 21,000 jobs, roughly 13% of its total workforce, according to its June 22 regulatory filing. Oracle stock closed at $145.48 on August 11,…