Social Security is known as the third rail of politics. President Joe Biden has pounced on all who dare even think about curtailing the retirement program. In fact, this week cash-strapped retirees will get the biggest cost-of-living increase in 40 years, an 8.7% boost to protect them from inflation. For many retirees on fixed incomes, that’s a godsend. Some ...

  A takeover bid for one of the UK’s few publicly traded software companies of any size is facing resistance. When stocks are falling everywhere, snubbing a cash offer is brave. But shareholders in Aveva Group Plc are justified in holding out. The situation is emblematic of the opportunistic bids we could see exploiting this year’s collapse in the pound ...

  Florida’s home-insurance business was in trouble even before Hurricane Ian tore across the state. Big insurers were taking their business elsewhere, smaller ones were going broke, costs due to litigation and fraud had soared, and so had premiums. The private market was pulling back as the risk of weather-related damage mounted, leaving homeowners to buy protection from the state-backed ...