Social Security Administration says cost-of-living adjustment will rise 3.6% in 2027

Wednesday, October 14 by ABC News

Social Security benefits will increase 3.6% beginning in January for more than 70 million recipients, the Social Security Administration (SSA) said on Wednesday.The cost-of-living adjustment for 2027, known as COLA, came in markedly higher than the prior year's hike of 2.8%.The annual uptick in... Read More.

Why are gas prices still high even as traffic improves in the Strait of Hormuz?

Thursday, October 8 by ABC News

Oil exports from the Middle East have improved substantially in recent weeks, according to a post on X from private tracking firm Kpler, but gas prices still stand above $4.30, and diesel prices remain close to an all-time high.The supply of oil from... Read More.

Should you use your 401(k) to pay off credit card debt?

Tuesday, October 6 by ABC News

Credit card debt held by Americans stands near an all-time high, according to the Federal Reserve Bank of New York, just as a rise in the Fed's benchmark interest rate threatens to drive up borrowing costs.The spending crunch may push some debt holders to... Read More.

More power or more gauges? How the sports car market has become divided

Monday, October 5 by ABC News

A sports car with a naturally aspirated V12 engine and a manual transmission? It's every enthusiast's dream.Buying one, however, requires deep pockets. The S1, Gordon Murray's latest supercar creation, reportedly costs at least seven figures. All 64 units were sold even before collectors, industry... Read More.

OpenAI reveals another hack into a government agency in Australia

Saturday, October 3 by ABC News

OpenAI on Friday revealed another hack into a second Australian government agency, a week after the disclosure of an initial hack fueled public backlash against the ChatGPT-maker.An AI model gained access to fire statistics kept by a state agency in New South... Read More.

Jobs report to show whether hiring stayed resilient in September

Friday, October 2 by ABC News

A jobs report on Friday will provide a key gauge of economic health as the United States weathers a surge of inflation set off by the Iran war seven months ago.The fresh data is set to arrive weeks after the Federal Reserve... Read More.

OpenAI sued by safety group over autonomous hack of Hugging Face

Wednesday, September 30 by ABC News

(NEW YORK) -- A nonprofit artificial intelligence safety group has sued OpenAI over a July incident in which the company's autonomous AI agents accessed the computer systems of another firm, Hugging Face, without authorization during a cybersecurity test.Legal Advocates for Safe Science & Technology... Read More.

Alcohol, motorcycles: Which Canadian products are banned by the US?

Tuesday, September 29 by ABC News

(WASHINGTON) A United States ban of hundreds of millions of dollars worth of Canadian products took effect on Tuesday, escalating a trade war between the longtime allies and pinching imports from one of the top U.S. trade partners.The ban applies to an array of... Read More.

Nvidia releases software to prevent AI security incidents

Tuesday, September 29 by ABC News

(NEW YORK) -- Nvidia, a top chipmaker whose products fuel many artificial intelligence agents, released a software platform on Monday designed to prevent security incidents revealed by AI firms in recent months.The software aims to provide a "trust layer" for AI agents that insulates... Read More.

Trump administration rolls back fuel economy standards for automakers: What to know

Monday, September 28 by ABC News

(WASHINGTON) -- The Department of Transportation is easing fuel economy standards that were put in place during the Biden administration.Transportation Secretary Sean P. Duffy said Monday that changing CAFE (corporate average fuel economy) standards for vehicles will make them more affordable by establishing "commonsense"... Read More.

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