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Social Security payroll tax cap rises to $192,300 in 2027: How much more will high earners pay from their paychecks, who will be affected, and what does it mean for your take-home pay?
Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 from $184,500, meaning another $7,800 of wages will be taxed. Workers earning above the new limit could pay up to $483.60 more next year. The increase comes as retirees are set to receive a 3.6% benefit boost.
Tech layoffs were just the start: 1.6 million more US job cuts could push America toward recession
US technology layoffs have crossed 200,000 in 2026, with Google, Microsoft, Amazon and other major companies cutting jobs. But the bigger concern is whether the trend will spread to retail and financial services, where another 1.6 million job losses could push unemployment higher and raise fears of a US recession.
Katy Perry-Russell Brand's former 103-year-old marital home listed for $275,000 monthly rent; Drake, Adele, Lewis Hamilton among celebrity visitors
Katy Perry and Russell Brand's opulent estate in Hollywood Hills is on the rental market at a staggering price. Originally acquired in 2011 for $6.5 million, they never occupied the home. Following Brand's recent conviction on serious charges in a London court, this newly renovated property flaunts an array of luxury amenities and has attracted visits from numerous celebrities since its 2013 sale.
USDA revokes James Ritterspach's licence after over 1100 chinchillas rescued from Ohio breeder
In a concerning case of animal neglect, James F Ritterspach, the owner of R & R Chinchilla Inc., faced the permanent revocation of his breeding license. Inspections by the USDA uncovered severe neglect, revealing over 1,100 chinchillas imprisoned in hazardous living conditions. To further escalate the situation, Ritterspach attempted to conceal additional chinchillas and neglected their fundamental care.
2026 Midterm election results Senate: Melania Trump skips Donald Trump's election night party; here's what she was doing as Republicans lost Congress
US First Lady Melania Trump was notably absent from Donald Trump's election-night gathering at the White House as Republicans suffered a major setback in the midterm election results, losing control of both the Senate and House. Instead of joining the President, Melania focused on her independent diplomatic initiative to secure a ceasefire in Russia-controlled Oleshky, Ukraine.
Jordan Love and wife Ronika Stone troll NFL with 'blind referees' Halloween costumes - Watch viral video
Jordan Love and his wife Ronika Stone created a humorous Halloween video dressed as blind referees. Their costumes and antics mocked NFL officiating amidst growing frustrations from fans. This year, the Green Bay Packers faced various penalty issues, leading to dissatisfaction with calls made by officials. Love has shown impressive performance despite being frequently hit without receiving roughing the passer penalties.
Apple becomes world’s most valuable company with $5.1 trillion market cap as AAPL stock today hits record high after Democrats win midterm elections
Apple stock price surged more than 6% to a record high on Wednesday, lifting its market capitalization to $5.1 trillion and making it the world’s most valuable company. The rally followed Democrats’ midterm election victories and came after Apple reported stronger-than-expected quarterly revenue and earnings.
Tesla stock price today: Why TSLA falls as Democrats’ midterm election win puts Elon Musk’s AI data center plans at risk
Tesla stock (TSLA) fell as Democrats’ midterm victories raised concerns about AI data center expansion, particularly in Texas. Analyst Dan Ives warned that political hurdles could slow planned projects, while Elon Musk floated the idea of space-based data centers as investors weighed the outlook for his AI ambitions.
Google loses nearly half a trillion in market value: What went wrong with Alphabet?
Alphabet lost $482 billion in market value after its shares plunged nearly 13% following disappointing third-quarter results. Despite 103% growth in Google Cloud and more than 1 billion Gemini users, weaker search revenue and negative free cash flow raised fresh concerns about AI spending and Google’s advertising business.
Gold price prediction: Will gold bounce back on Wednesday? Check outlook for November 4
On the MCX, gold prices ended flat, while silver gained momentum to close higher. As for international prices, spot gold dipped 0.3% to $3,948.75 per ounce, while US gold futures for December delivery gained 0.1% to $3,943.20. Spot silver fell 0.2% to $49.67 per ounce.
Gold prices ahead of Dhanteras: Up 10% in a year, but is the worst of correction still ahead?
Gold has outperformed the Nifty and Sensex since Dhanteras 2025, despite falling sharply from its January peak. With inflation concerns, Fed rate expectations and weak demand weighing on prices, analysts remain divided on its near-term outlook, while major banks see scope for a recovery in 2027.
36-48 months of salary as Diwali bonus, rumours or true? Micron's bonanza to Indian employees confirmed by techie
Micron employees in India are reportedly receiving massive Diwali bonuses, with some payouts allegedly running into several times their annual salaries. Reddit discussions and posts on X have highlighted claims of employees receiving lakhs in cash and additional stock awards. One recently hired employee reportedly received Rs 12 lakh in cash and Rs 8 lakh worth of RSUs against an annual package of Rs 7-8 lakh.
Gold price prediction: Gold prices extend losses on Tuesday. Check outlook for November 3
Investors are now looking to the US midterm elections for indications of the country's fiscal policy direction and their potential impact on broader market sentiment.
Explained: Why gold investors should tone down expectations as yellow metal plunges to a 1-year low
Gold has fallen more than 30% from its January record high, with rising oil prices, inflation concerns and expectations of further Fed rate hikes adding to pressure. Analysts remain cautious about a near-term recovery, even as major banks retain bullish forecasts for 2027.
Trump says US is investigating North Korea over $6.3 billion crypto exchange Binance hack: What traders need to know
Binance hack: President Donald Trump said the US is investigating a possible North Korean link to the $6.3 billion Binance hack, while the exchange pledged to cover losses and confirmed billions in assets had been frozen. Bitcoin fell to around $77,000 as the incident weighed on cryptocurrency prices.
Binance suspends withdrawals after $6.3 billion hack: Is your crypto safe? Here's what to do now
Binance has temporarily suspended deposits and withdrawals following a reported security incident involving an estimated $6.3 billion in digital assets. The crypto exchange has pledged to cover customer losses, while users are urged to protect their accounts, watch for recovery scams and understand the risks of keeping crypto on an exchange.
Billionaire Mark Cuban, who started his career selling garbage bags, advises Gen Z not to chase the ‘perfect job’
Mark Cuban Gen Z career advice: Mark Cuban encourages Gen Z to embrace any job instead of waiting for the ideal one. He stresses the importance of excelling in their current positions, regardless of the job's nature. Even fast-food roles can lead to career growth and provide important references. Positive feedback from past employers, he notes, can aid in advancement. This advice stems from his varied experiences before achieving notable success.
Google stock falls over 10% after Alphabet misses Q3 revenue estimates: Why analyst sees buying opportunity
Google stock fell more than 10% in after-hours trading after Alphabet missed third-quarter earnings and revenue estimates. Despite weaker advertising results and rising AI spending, CFRA analyst Angelo Zino sees the pullback as a potential buying opportunity over the next 12 months, with Google Cloud growth and profit margins in focus.
MSFT stock price today rises after Microsoft earnings beat Wall Street expectations, but is capex still a concern?
Microsoft stock rose over 2% in after-hours trading after the company beat quarterly revenue and earnings expectations. Azure revenue grew 48%, ahead of forecasts, while $45.2 billion in capital expenditure drew attention as investors assessed Microsoft's AI infrastructure spending and cloud growth.
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