The Social Security Administration will announce the 2027 cost-of-living adjustment (COLA) on October 14 at 8:30 a.m. ET. The announcement will follow the release of September's Consumer Price Index (CPI) by the Bureau of Labor Statistics. This is the final inflation report needed to calculate next year's adjustment. The Senior Citizens League forecasts a 3.5% COLA for 2027. If the 3.5% forecast holds, it will mark the largest increase in four years. For comparison, the adjustment was 2.8% in 2026 and 2.5% in 2025.
China's top diplomat Wang Yi met with Russian presidential aide and chairman of the Maritime Board Nikolai Patrushev in Beijing on Monday.
Federal agents executed a search warrant at Ilhan Omar's residence related to an immigration fraud investigation. Reports indicate the inquiry focuses on her childhood immigration documents. Despite the raid occurring just weeks before the midterm elections, no charges have been announced against her. Omar has previously denied allegations of immigration fraud and described them as lies. The investigation is ongoing, and key questions remain unanswered regarding potential criminal charges.