Economy

Consumer staples are rallying in 2026. Here’s what’s driving the surge in the sector

This S&P 500 sector — which includes Walmart, Costco and Coca-Cola – is the third-best performer in 2026. Questions linger on whether the upswing can continue.

Dollar dominance, if you can keep it

President Donald Trump has indicated he’ll appoint Kevin Warsh to be the next Chairman of the Federal Reserve. Despite what some supporters say, that alone will not fix what’s wrong with our economy.

Second round of February Social Security payments goes out in three days

The second round of February Social Security payments for retirees, now capped at $5,108, will be issued in three days.

March Social Security direct payment worth $994 goes out in 12 days

The March 2026 Supplemental Security Income payments, worth up to $994, will be issued to recipients in 12 days.

Casey Wasserman to sell talent agency after links to Ghislaine Maxwell exposed in Epstein files

Clients including Chappell Roan and Abby Wambach cut ties to firm after communications came to light

Record 1,000 UK taxpayers under 30 earned more than £1m last year

HMRC figures show 11% rise in young million-pound earners, with influencers and tech pay cited as key