Social Security benefits will increase by 3.6 percent in 2027, a jump from the 2.8 percent cost-of-living adjustment provided this year, the Social Security Administration announced Wednesday. Monthly benefits for nearly 72 million recipients are set to increase by an average of $75 for all retirees beginning in January,

The increase is aimed at helping about 68 million beneficiaries keep pace with inflation.

More than 70 million Social Security recipients will get a 3.6% benefit increase in 2027. The cost-of-living adjustment is up from 2.8% in 2026.

Social Security and Supplemental Security Income benefits will rise 3.6% for cost of living, with Social Security changes starting in January 2027.

President Trump has announced a deal in which the United States could buy billions of dollars’ worth of diesel fuel from Russia, stunning allies and lawmakers.

President Donald Trump says he has struck a deal to obtain diesel from Russia. It's a stunning reversal of years of U.S. pressure on Moscow over its war with Ukraine and an attempt to address high fuel prices ahead of the U.

A dozen senators from both parties bluntly told President Donald Trump in a letter Tuesday to reverse a deal he announced last week to allow U.S. purchases of Russian diesel fuel. The proposed waiver of U.

President Donald Trump is facing growing backlash over his plan to import diesel from Russia, with some Republican and Democratic lawmakers insisting that the controversial deal runs directly counter to an existing law.

Argentina said Tuesday it had asked an international maritime tribunal to halt oil development off the disputed Falkland Islands, escalating its confrontation with the United Kingdom over the archipelago’s first commercial oil project.

The action filed with an international maritime tribunal is the latest development in an escalating row over the Falkland Islands.

Argentina on Tuesday submitted a request to the International Tribunal for the Law of the Sea seeking an order for provisional measures against the United Kingdom (UK) to halt British exploitation

The United Kingdom has strongly condemned Argentina's escalating legal campaign against oil exploration in the Falkland Islands under President Javier Milei. Argentina filed a 49-page Request for the Prescription of Provisional Measures with the International Tribunal for the Law of the Sea to stop ongoing oil development in the area.

The International Monetary Fund said global growth should pick up next year with a boost from AI investment, but warned the world economy is nearing the limits of its resilience as the energy squeeze persists and financial risks build.

The global economy has been remarkably resilient in the face of the worst energy shock in decades, but if borrowing costs and inflation go unchecked, a sharp slowdown looms, the International Monetary Fund said.

The global economy's ability to withstand new shocks is coming under strain, the International Monetary Fund warned Monday night in its latest economic forecast. Why it matters: Worldwide growth has defied expectations, holding up despite the Middle East war and soaring oil prices. But some policymakers fear that dwindling energy reserves, mounting debt and growing reliance on the AI boom leave the world increasingly vulnerable. What they're...

The picture emerging was that of a global economy hurt by two costly wars and high energy prices while being helped by the hundreds of billions spent on the artificial intelligence buildout