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People shop in Bayonne, New Jersey on April 8, 2025.Charly Triballeau | Afp | Getty ImagesSocial Security and Supplemental Security Income beneficiaries will soon find out how much their benefit checks will increase next year.Due to the federal government shutdown, the Social Security 2026 cost-of-living adjustment announcement, initially scheduled for Oct. 15, has been postponed to Friday. Nearly 75 million beneficiaries will see the COLA reflected in their January checks.Experts have estimated the Social Security COLA for 2026 may be in the range of 2.7% to 2.8%, based on the latest available consumer price index data. That’s in line with…

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025.Tom Brenner | The Washington Post | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Flat tireAll eyes were on Tesla yesterday, when the electric vehicle maker became the first Magnificent Seven company to report earnings for the new season. Investors weren’t impressed: Though quarterly revenue was higher than a year ago, snapping two down quarters, earnings per…

Airbus employees stand in front of the MetOp-SG A (L) and MetOp-SG B (R) MetOp-SG (Meteorological Operational Satellite – Second Generation) meteorological satellites in the clean room of the company’s defense and space branch on November 10, 2023 in Toulouse, southwestern France. MetOp-SG is a family of meteorological satellites placed in sun-synchronous polar orbit which will make it possible to refine short-term forecasts. (Photo by Lionel BONAVENTURE / AFP) (Photo by LIONEL BONAVENTURE/AFP via Getty Images)Lionel Bonaventure | Afp | Getty ImagesAirbus, Leonardo and Thales announced Thursday that they will combine their satellite and space activities to form a “leading…

A “for rent” sign is posted in front of a home on Dec. 12, 2023 in Miami, Florida.Joe Raedle | Getty ImagesRents for single-family residential homes rose just 1.4% in August compared with the year before, according to analytics and data firm Cotality, down from a 2.3% annual gain in July. That’s also much less than the 3% average gain seen last year and is the smallest increase in 15 years.Rent growth weakened across all price points, continuing a trend that has persisted in the second half of this year. Rents had been strengthening in the first half of this…

Different trajectories on show as Preston meet Sheff Utd at DeepdalePreston vs Sheffield United – Live on Sky Sports Football from 7.30pm on Friday night; kick-off 8pmTwo defeats for Preston since the resumption following the international break, while Sheffield United have enjoyed back-to-back wins this week. Whether that’s a hint at a change of trajectory for both, we’ll have to wait and see. But Preston have dropped to 11th, having previously only lost one of their first nine. While Sheffield United are now enjoying life out of the relegation zone. A win at Deepdale would mean they wouldn’t have to…

Palestine will not stop its pursuit of justice at international courts despite political pressure or the threat of sanctions, Palestinian ambassador Ammar Hijazi told Middle East Eye on Wednesday. His comments follow a ruling by the International Court of Justice (ICJ) on Israel’s humanitarian obligations, specifically to end its blockade of aid entering Gaza. “So long as this occupation exists on our land, the Palestinian leadership and government will not take one step back from fighting for Palestinian rights at the international level,” Hijazi said outside the court. “This is a rightful, peaceful, legal and moral path that we must take, and…

Some states have warned that families who rely on the Supplemental Nutrition Assistance Program, or SNAP, may soon miss out on benefits due to the federal government shutdown.”Starting October 16, SNAP benefits will not be paid until the federal government shutdown ends and funds are released to PA,” according to a notice on Pennsylvania’s state website dated Oct. 17. The Texas Health and Human Services site notes, “SNAP benefits for November won’t be issued if the federal government shutdown continues past Oct. 27.”Nevada, North Dakota, New Jersey and New York, among others, have issued similar announcements about potential delays or missed benefits.A pop-up notice on…

Krisanapong Detraphiphat | Moment | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Lawyers to the wealthy are advising clients to ramp up their charitable giving this year to take advantage of tax advantages that will decline in 2026.President Donald Trump’s sweeping tax-and-spending bill included provisions that reduce the tax benefits of charitable giving for high earners. Since the provisions don’t take effect until next year, advisors to wealthy donors are recommending they frontload or “bunch”…

MANAMA:  Chairman of the Kuwait National Olympic Committee, Sheikh Fahad Nasser Al-Sabah on Thursday affirmed his country’s keenness to participate in regional and international competitions.Speaking to KUNA on the sidelines of participation in the third Asian Youth Games 2025 in Bahrain, Sheikh Fahad reiterated Kuwait’s support for Asian sporting events in line with the Kuwaiti leadership’s directives.He also praised the strong participation of the Kuwaiti delegation in the tournament, and commended Bahrain for its high-level preparation for the games. The third Asian Youth Games began in Bahrain late Wednesday under the patronage of the Bahraini leadership, and the participation of…

The majority of would-be homebuyers expect mortgage rates to continue their recent decline, and it’s one of the main reasons why they’re waiting to make a purchase, according to the findings of a new CNBC Housing Market Survey.Rates have been creeping down over the last few months and are hovering around the lowest level in a year, with the average rate on the popular 30-year fixed loan now sitting at 6.17%, according to Mortgage News Daily. But nearly three-quarters of real estate agents surveyed by CNBC said most of their buyers think rates will come down further.”My biggest challenge is…