New Estimates for Social Security COLA in 2027 Reveal Next Year’s Increase May Be the 4th Largest in 36 Years
Social Security’s Historic Year and 2027 COLA Insights Last year was significant for Social Security, marking the 90th anniversary of its establishment. For the first time, retired workers saw average monthly benefits exceed $2,000. Additionally, there were Social Security cost-of-living adjustments (COLAs) of 2.5% or more for five straight years—something we hadn’t seen in three […]
Mark Zandi estimates a 40% chance of a U.S. recession and cautions that the economy is ‘on edge’
Economic Outlook: A Cautious Perspective Rochefort co-CEO Kyle Bass recently discussed the state of the global economy, especially as President Trump hinted at potential shifts in U.S.-Iran relations during an appearance on “Morning with Maria.” Even with optimistic headlines from Wall Street, an influential economic forecaster has raised alarms about the U.S. economy, describing it […]
GAO estimates that federal fraud costs taxpayers in the US as much as $521 billion annually
The federal investigation into fraud in Minnesota is just a small glimpse into a much larger issue. The extent of fraud and corruption within both state and federal programs, combined with insufficient preventive measures, may represent a significant challenge for Americans today. In March, President Donald Trump initiated an executive order to form a task […]
U.S. military estimates Iran conflict expenses exceed $11.3 billion in the initial six days
Pentagon officials briefed lawmakers privately on Tuesday, revealing that the estimated cost of the Iran war reached over $11.3 billion just in the first six days of conflict. This information came from three unnamed sources familiar with the press conference. It’s important to note that this estimate doesn’t cover all expenses tied to the operations, […]
Study Estimates Two Million Casualties in Ukraine War by Spring
Analysis of Military Losses in the Ukraine War Recent analysis indicates that the number of Russian soldiers killed in the Ukraine conflict has surpassed Ukrainian casualties by over twofold, with total losses on pace to hit 2 million. The report from the Center for Strategic and International Studies (CSIS) highlights that Russia is experiencing an […]
Estimates of the death toll from the Iran protests vary from several thousand to 33,000.
In the midst of ongoing protests in Iran, there’s a heated discussion about the actual death toll, complicated by internet shutdowns and government intimidation. Activists and media outlets offer varying estimates, with confirmed fatalities ranging from a few thousand to potentially tens of thousands. Fatemeh Jamalpour, an Iranian journalist with two decades of experience covering […]
Estimates Indicate Iran Has Killed as Many as 2,000 While Government Claims Protests Are ‘Under Control’
Iran’s Foreign Minister, Abbas Araghchi, stated on Monday that the uprising against the regime is “now fully under control” despite thousands of civilians possibly being killed by security forces. Death toll estimates widely vary. The Human Rights Activist News Agency (HRANA) reported that, in just two weeks, 496 protesters and 48 members of the Iranian […]
Be Careful with Initial Cost Estimates for Venezuela
Understanding the Costs of Revitalizing Venezuela’s Oil Sector There have been numerous estimates about how much it would take to revitalize Venezuela’s oil sector, and one key takeaway for readers is straightforward: skip the headlines and focus on the details of the reports. A recent analysis from Rystad Energy illustrates this point effectively. A headline […]
Tom Homan Estimates 600,000 Deportations by January
The Biden administration intends to deport 600,000 undocumented immigrants by year’s end, according to statements made Tuesday by White House deportation chief Tom Homan. “Increasing the number of agents will lead to more arrests—perhaps double or even triple what we’ve seen,” Homan mentioned during an interview. “You can expect those numbers to rise significantly.” “Counting […]
Nuclear Watchdog Estimates That Most of Iran’s Uranium Remains Unharmed
IAEA Reports on Iran’s Uranium Stockpile On Saturday, Rafael Grossi, the Director-General of the International Atomic Energy Agency (IAEA), stated that the agency thinks the “vast majority” of Iran’s near-weapons-grade uranium remained intact following bombings by Israel and the United States in June. In a recent interview with a Swiss publication, Grossi indicated that most […]