Stay Updated with the Latest Columbia Fds Srs Tr I, Strategic Income Fd Cl A COSIX News in Real Time
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US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.
German Pensions Set to Rise 4.4% to 4.7% in July 2027
German pensions expected to rise 4.4% to 4.7% on July 1, 2027. A retiree earning 1,500 euros monthly could gain 66 to 70 euros. The increase follows rising wages and requires no application.
Australian Army Retires Tiger Helicopters After 22 Years, Shifts to Apache Fleet
Australia retires its 22 Tiger attack helicopters after 22 years of service. The ADF transitions to 29 AH-64E Apache helicopters under a A$4.5 billion program, with six already delivered and all 29 expected by end of 2029.
Japan’s Aging Homeowners Rethink Downsizing: Maintenance Costs vs. Freedom
Japanese retirees downsize from family homes to apartments and condos, trading yard work and repairs for lower maintenance. Real cases show pension income and lifestyle changes drive the shift.
Switzerland Rejects Fuel Tax Cut as Diesel Hits Record 2.46 CHF
Swiss diesel hits record 2.46 CHF per litre. Federal government refuses to cut mineral oil tax, citing economic efficiency and market signals. Truckers and farmers push back.
Hong Kong Launches First Five-Year Plan to 2030; AI and Finance Lead Growth
Hong Kong unveils its inaugural Five-Year Plan (2026-2030) with focus on AI, finance, and regional integration. Chief Executive John Lee outlines long-term strategy alongside 2026 Policy Address.
Australia’s Unemployment Hits 4.6% in August, Highest Since Pandemic
Australia’s unemployment rate climbed to 4.6% in August, the highest since the pandemic ended. More people are entering the workforce while part-time jobs grow and full-time roles shrink.
Social Security Trust Fund Faces 26% Benefit Cut by Mid-2032, CBO Warns
CBO projects Social Security trust fund insolvency by mid-2032 with 26% benefit cuts. Payroll tax hikes to 17% would cost workers $2,600-$3,000 yearly. Congress faces competing proposals to close the funding gap.
Meta Launches Camera-Free Ray-Ban Audio Glasses and Muse Charm AI Device on September 24
Meta launches Ray-Ban Meta Audio (£269, no camera) and Muse Charm AI keychain device on September 24. Stock rises 4.1% as investors embrace AI hardware pivot away from metaverse.