Santa Clarita seniors can expect an increase in Social Security benefits beginning in January 2027. The Social Security Administration announced Wednesday a 3.6% cost-of-living adjustment (COLA) for 2027, marking the largest increase in four years amid rising inflation. The adjustment compares with a 2.8% increase in 2026 and is expected to boost average Social Security retirement benefits by $75 per ...

Inflation rarely shows up as one dramatic expense. It usually arrives in smaller ways: a slightly higher grocery bill, a streaming plan that quietly costs more, a restaurant meal that no longer feels like a casual choice, or a utility bill that keeps inching upward. Over time, those increases can make a familiar monthly routine feel noticeably more expensive. The ...

If it feels like filling up your tank in Santa Clarita is getting more expensive by the week, you’re not imagining it. Gas prices across California are once again climbing toward the $6 mark, with the statewide average sitting at $5.831 for regular, $6.069 for mid-grade and $6.259 for premium, according to AAA. Diesel prices are even higher, averaging $7.072 ...

Gold Spot price has been on the rise in recent days. In general, gold is one of the most stable and popular commodities in the world market, which makes it a quintessential asset for investors. Over the past few decades, gold has evolved into a symbol of stability and reliability, especially during tumultuous economic periods when investors try to safeguard ...

Introduction The Federal Reserve, often referred to as “the Fed,” wields immense power as the central bank of the United States. Its monetary policy decisions send ripples across the globe, affecting economies far beyond American borders. One of the most significant ways the Fed influences the global economy is through its interest rate hikes. In this article, we will delve ...

Congressman Mike Garcia, R-Santa Clarita, released the following statement Friday after voting against H.R. 5376, a partisan bill that aggravates the current inflationary period. “The content of this bill has nothing to do with the title,” Garcia said. “This bill raises taxes, cuts jobs and only further aggravates this current inflationary period. From a $52 billion tax hike on small ...

Hosts: Phil Nordella and Taylor F. Williams-Moniz Topic: Housing Numbers and Inflation Real Estate: It’s That Simple – Housing Numbers and Inflation – July 01, 2022  On this episode of The “REAL ESTATE: It’s That Simple show, Phil and Taylor kick off the show by discussing housing numbers. Phil and Taylor start off the show by talking about some housing ...

Host: Jason Downs and Bobby Marchesso Guests: Lou Esbin and Matt Denny Topic: Inflation Rates Common Ground – Inflation Rates – May 16, 2022 On this episode of Common Ground, our host Jason Downs talks with his guests Matt Denny and Lou Esbin on inflation. Jason starts off the show by talking with Lou and Matt about the government currently. Jason ...

On Wednesday, Congressman Mike Garcia, R- Santa Clarita, interviewed live on-air with KHTS to discuss economic issues, inflation and North Korean rocket launches. Congressman Garcia spoke about rising inflation in the United States, North Korean missile tests and other topics live on-air with KHTS. “Unfortunately, this is one of those evil dynamics; inflation doesn’t care who you are and doesn’t ...

California is often one of the first places to get hit by any changes in the oil industry. Following the pandemic, all of California is experiencing continual rising prices in gasoline, setting and breaking previous record highs.  The Golden State is experiencing sky-high gas prices, north and south. The national average for gas, which is also notably high, is $3.301 ...