Tens of millions on Social Security go without cost-of-living adjustment due to government shutdown

The US airline group is calling for an end to the government shutdown, emphasizing the potential risks it poses to aviation safety and operations. This plea highlights the critical need for a stable regulatory environment to ensure the safety of air travel, which is vital for both the economy and public safety. The group's concerns reflect a broader anxiety within the industry about the impacts of prolonged shutdowns on air traffic and passenger confidence.

Mark your calendars! Social Security is set to announce the 2026 Cost-of-Living Adjustment (COLA), a crucial update for millions relying on these benefits. This announcement is significant as it directly impacts the financial well-being of retirees and those with disabilities, ensuring their benefits keep pace with inflation. It's a reminder of the importance of staying informed about changes that affect our financial futures.

General Motors has revealed troubling news for the electric vehicle (EV) industry, indicating that despite a record-setting year in 2025, the market remains fragile. With over 1 million units sold and a 10.5% market share, the growth from previous years shows promise, but GM's insights suggest vulnerabilities that could impact future stability. This matters because the EV sector is crucial for sustainable transportation and economic growth, and any setbacks could hinder progress towards a greener future.

With the government shutdown causing a pause in essential economic reports, investors are now looking to unconventional signals to assess the state of jobs, inflation, and growth. This shift highlights the adaptability of the market and the importance of alternative data sources in uncertain times.

In a surprising turn of events, Rep. Marjorie Taylor Greene has openly criticized the GOP over the ongoing government shutdown, which has now lasted nearly two weeks. This break from party lines has caught the attention of many, including Hakeem Jeffries, who highlighted her 'surprisingly enlightened' stance. This development is significant as it reflects growing tensions within the GOP and could signal a shift in party dynamics, potentially influencing future legislative actions.

NASA's Jet Propulsion Lab is set to cut 550 jobs as part of a restructuring effort, according to the lab's director. This decision is significant as it reflects the challenges faced by the agency in maintaining its workforce while adapting to new priorities. The job cuts are not related to the recent government shutdown, which adds another layer of complexity to the situation. This move could impact ongoing projects and the morale of remaining employees, making it a crucial development in the space exploration community.

Deloitte Services has projected that holiday hiring will hit a 16-year low due to the impact of tariffs, leading to a pullback in retail. While retail sales are expected to increase by 2.9% to 3.4% from November 1 to January 31, this growth is a slowdown compared to last year. This matters because it highlights the challenges retailers face in a changing economic landscape, affecting job opportunities and consumer spending during the crucial holiday season.

The US Treasury Secretary has warned that the ongoing government shutdown is negatively impacting the economy. This situation is concerning as it could lead to reduced government services and economic instability, affecting businesses and individuals alike. Understanding the implications of this shutdown is crucial for citizens and policymakers, as it highlights the interconnectedness of government operations and economic health.

'The Strangers: Chapter 2' is set to hit digital streaming this week, following the success of its predecessor, 'The Strangers: Chapter 1.' This sequel promises to deliver more thrills and chills, making it a must-watch for horror fans eager to enjoy the latest installment from the comfort of their homes.

Stifel has initiated coverage of Revolution stock with a Buy rating and set a price target of $85. This is significant as it indicates strong confidence in the company's future performance, potentially attracting more investors and boosting the stock's value. Such endorsements can lead to increased market interest and may positively impact Revolution's growth trajectory.

Stifel has begun coverage on Erasca stock, assigning it a 'Buy' rating with a price target of $4. This is significant as it reflects confidence in Erasca's potential for growth and could attract more investors to the company, boosting its market presence.

Stifel has begun coverage on Cogent stock, assigning it a Hold rating with a price target of $16. This move indicates a cautious approach towards the stock, suggesting that while it may not be a strong buy, it is also not expected to decline significantly. Investors should pay attention to this rating as it reflects Stifel's analysis of the company's potential performance in the market.

Freedom Capital Markets has initiated coverage of Toast stock with a Buy rating and a target price of $45. This is significant as it reflects confidence in Toast's growth potential and could attract more investors to the company, potentially boosting its stock price.

Marshall, the CEO of Planet Labs, has sold $3.1 million worth of stock, which raises questions about the company's future and his confidence in its performance. Such transactions can often signal a shift in leadership strategy or personal financial planning, making it a noteworthy event for investors and analysts alike.

Stover Dennis has sold shares of enCore Energy worth $70,730, marking a significant transaction in the energy sector. This sale reflects ongoing movements in the market and could indicate shifts in investor confidence or strategy within the energy industry.