Your Social Security check could go up another $71 next year. That’s not necessarily good news.
A higher COLA is a sign that persistent inflation isn’t going anywhere. Source：MarketWatch
How rising bond yields can wreck some portfolios while pumping up others with cash
Also in Weekend Reads: Helping retirees get over their fear of spending, prenups, Walmart’s big move, and advice from the Moneyist. Source：MarketWatch
Bitcoin spikes toward $80K as US CPI data delivers new 22-year high in bond yields
Bitcoin briefly rebounded past $79,000 and US stocks turned green as US CPI inflation data met expectations. Source：Cointelegraph
With Fed rate hike all but assured, here's how markets might react
Traders could look past an expected Fed hike and weigh what higher rates are signaling about the economy. Source：CoinDesk
Investors are all wrong about demography
A shrinking population doesn’t have to be the kiss of death. Source：MarketWatch
Forget the Fed. The Bank of Japan could deliver next week’s market shock.
U.S. stock investors should look to the other side of the world for guidance next week. Source：MarketWatch
India's richest state is exploring tokenizing its own assets to fund new infrastructure
Maharashtra is drafting a policy to tokenize the state's assets, including the electricity transmission infrastructure. Source：CoinDesk
I’m locked into a 10-year annuity and now I’m strapped for cash. What are my options?
A selfdescribed “spender” is concerned about taxes. Source：MarketWatch
I went to a dinner party, brought an appetizer and wine — and the host charged me $60. Should I cut ties with her?
“Am I right to think this is pretty cheap and rude?” Source：MarketWatch
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago suggested the central bank may have to act if inflation…
Anthropic’s safety-first image takes a hit ahead of its massive IPO: ‘AI could kill all humans.’
While concerns over AI safety are not likely to derail Anthropic’s IPO plans, experts expect more regulation and safety disclosures. Source：MarketWatch
On my late husband’s birthday, I want to pay for every customer at his favorite restaurant. Is this a good idea?
“I’m concerned that my card issuers might freeze or flag the cards when they suddenly see an extraordinary number of transactions.” Source：MarketWatch