SNFCA
NASDAQ · Financial Services
Security Natl Finl Corp-Cl A
$8.58
-0.02 (-0.23%)
SNFCA News30 articles
2027 Social Security COLA Forecast Climbs to 3.6%, Adding $60B in Benefits
A leading projection for the 2027 Social Security COLA has risen to 3.6%, which would add nearly $60 billion to annual benefits. The July CPI-W came in 3.1% above the baseline.
Social Security COLA 2027 Could Surpass Forecasts, Adding $63B
The 2027 Social Security COLA is projected at 3.6%-3.8%, potentially adding up to $63B in payouts, above the Trustees' forecast. CPI data due Wednesday.
2027 Social Security COLA Forecast: 3.8% Hike Could Boost Payments by $63B
A projected 3.8% Social Security COLA for 2027 could add $63 billion to annual payments, boosting retirees' spending power, though final rate awaits inflation data.
FBI Insider Crypto Case Spotlights Wallet Security as Bitcoin Steady
A former FBI supervisor's arrest for allegedly stealing crypto via memorized wallet passphrases has put key management in focus. Bitcoin held steady near $63.5K.
Social Security COLA 2027 Forecast: 3.8% Increase, $63B Payout, Medicare Premiums Rise
The Senior Citizens League forecasts a 3.8% Social Security COLA for 2027, adding $63B in annual payouts, but Medicare Part B premium hikes will offset some gains for retirees.
2027 Social Security COLA Projected at 3.6%-3.8%, Adding $50B to Outlays
Initial estimates put the 2027 Social Security COLA at 3.6%-3.8%, boosting average monthly benefits by $75-$79 and adding ~$50 billion in annual outlays, with modest consumer impact.
2027 Social Security COLA Estimate: $63 Billion Annual Boost
A 3.8% COLA estimate for 2027 Social Security benefits could raise annual payouts by $63 billion, with typical retired workers receiving an extra $79 per month.
2027 Social Security COLA Estimate Slashed to 3.7%, Reducing Benefit Payouts by $16.6 Billion
The projected 2027 Social Security cost-of-living adjustment has been reduced to 3.7%, down from 4.7%, trimming estimated benefit increases by $16.6 billion annually.
Social Security COLA Seen at 3.8% in 2027, Adding $63B in Benefits
A 3.8% COLA for 2027 would boost Social Security payouts by $63 billion, but taxes and Medicare costs could cut the net benefit.
Social Security COLA Plan Could Halve Deficit but Offers Only Two-Year Extension
A fixed-rate COLA proposal could halve Social Security's 75-year deficit but extends solvency by only two years. AARP opposes the PROMISE Act's fast-track process.
Social Security COLA Forecast Steady at 3.8% Amid Easing Inflation
The Senior Citizens League keeps its 2027 COLA forecast at 3.8%, with June CPI-W inflation at 3.5%, potentially raising average monthly benefits by $73.62.
Social Security COLA for 2027 Could Add Up to $63 Billion in Payments
Projected 2027 Social Security COLA of 3.6% to 3.8% adds $59.6-$63 billion to annual payments, with monthly checks rising $74-$75 on average.
IREN Bolsters Security as $3.1B AI Revenue Hurdle Looms
IREN appoints a new CISO while targeting $3.1B in contracted AI-cloud revenue, with Microsoft and NVIDIA representing 84% of the backlog.
CrowdStrike surges $23 billion after IBM flags cybersecurity worries
CrowdStrike surged $23 billion in market cap after IBM cited cybersecurity worries. Shares jumped 12% to $210.73, leading the S&P 500, as ARR targets for Q2 loom.
Okta Surges $2.4B as Cybersecurity Demand Outpaces IBM's Cloud Spending Warning
Okta shares surged 10% to $153.55, adding $2.4B in equity value as cybersecurity demand remains robust despite IBM flagging broad cyber concerns that are slowing software budgets.
June CPI Drop Lowers Odds for 3.8% Social Security COLA in 2027
June's CPI drop lowers the probability of a 3.8% Social Security COLA for 2027, with the current Q3 average pointing to a 3.1% increase. The gap represents an $11.6 billion annualized difference in federal spending.
SU Group Shares Surge on $1M Hong Kong Security Deal, Volume Skyrockets
SU Group Holdings (NASDAQ:SUGP) saw massive trading volume—73.5 million shares, or 20 times its Class A float—after announcing a $1M+ Hong Kong security contract. Shares spiked to $1.22 early before settling at $0.84.
Retailers Eye $149B July Social Security Payouts
Social Security payments totaling roughly $149.3 billion are set for July, with a calendar quick resulting in two SSI payments that could influence retail spending patterns.
Verizon Shares Slide as Investor Fears Mount Over Dividend Security Amid Satellite Threat
Verizon shares dropped 1.1% as investors focused on dividend risk, with the stock's daily trading range surpassing the upcoming quarterly payout. Market losses from satellite competition add pressure.
July Social Security Calendar Creates $11.5 Billion SSI Timing Shift
July's six deposit dates pull August SSI cash forward, affecting daily spending and bank balances without changing total benefit income.
Fifth Third Gains $3.6B Deposit Base as Social Security Ends Paper Checks
Fifth Third Bancorp takes over the Direct Express program, adding $3.6 billion in low-cost deposits from Social Security recipients, as paper checks are phased out.
Palo Alto Networks Surges $8.7B as Cybersecurity Strength Defies Tech Selloff
Palo Alto Networks rose 3.7% to $304.20, adding $8.7 billion in market cap, as its IBM partnership and solid earnings helped it buck a 4.6% weekly Nasdaq drop.
Polymarket Hack Tests ICE-Backed Platform's Security
Polymarket will refund users after a $3M hack from a compromised third-party vendor, highlighting frontend security risks as ICE eyes a $2B investment.
Social Security Faces Funding Gap by 2032; June Payment Schedule Finalized
Social Security's final June payment arrives June 24. Trustees project full benefits only through Q4 2032, with a 78% payout thereafter. July payments shift due to Independence Day.
Arqit Quantum Surges on US Quantum Security Orders
Arqit Quantum shares surged 35.6% following US executive orders on quantum security. A legal settlement was approved, and a Millennium-linked group briefly held over 5% of shares.
BTQ Technologies Shares Jump 31% on Quantum Security Push and New Adviser
BTQ Technologies surged over 30% to $5.80 on Nasdaq after naming Brandt Pasco as U.S. strategic adviser, following White House orders to accelerate quantum computing and post-quantum cryptography adoption.
IBM Rises on OpenAI Security Pact and Quantum Orders
IBM shares rose 3.22% premarket after announcing an OpenAI cybersecurity partnership and new U.S. quantum computing orders, defying a broader tech selloff.
Final June Social Security Payments Set for June 24; Trust Fund Depletion Looms
Social Security's final June payment lands June 24 for those born 21st-31st. Average benefit is $1,934.52, far below the $5,181 maximum. Trust fund depletion looms by 2032.
June Social Security Payments Wrap Up; SSI Recipients Face July Timing Shift
The last June Social Security checks go out June 24. SSI recipients will see two deposits in July but skip August, as the SSA adjusts for a Saturday calendar quirk.
IonQ Gains Ahead of Holiday, Focus on Quantum Security Product and Partnerships
IonQ shares rose 3.4% to $56.55 ahead of the holiday, driven by the Clavis XG Multiplex launch and Fixstars partnership, but the stock ended the week below its prior close.