RocketNews

The United Kingdom’s residential property market recorded its first annual price decrease in nearly three years, with values dropping 0.4% compared to the prior year period, according to data released by Lloyds. The decline fell short of economists’ expectations for a modest 0.2% increase. The average property price stood at £298,468 in August, representing a monthly decreas...

Multiple organizations have released projections for the 2027 Social Security cost-of-living adjustment, with estimates clustering around 3.5% to 3.6%. Mary Johnson, an independent analyst specializing in Social Security and Medicare policy, calculated a 3.5% COLA based on the latest consumer price index data. The Senior Citizens League projects a 3.5% increase, which it est...

An official audit of the help-to-buy programme has concluded the scheme provided substantial social value, calculated at £25bn during the last financial year. The review found that the initiative successfully supported expanded home ownership, particularly in more affordable areas, and enabled more than 387,000 people to purchase homes, with over 328,000 of these transaction...

The Internal Revenue Service has substantially reduced its acceptance rate for offers in compromise, agreements that allow taxpayers to settle tax debts for less than the full amount owed. During the 2025 fiscal year, the IRS accepted approximately 5,500 such offers, representing a sharp 57% decline from the 12,700 acceptances recorded in 2023. The trend has drawn concern fr...

Dollarama increased its fiscal 2027 guidance for Canadian operations following stronger-than-expected second-quarter results. The retailer reported sales of C$2.02bn for the period ended 2 August 2026, representing a 17.6% increase compared to the same quarter in the prior year. The sales growth reflected a full quarter of operations in Australia, which had only contributed ...