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Middle East Conflictin Financial Markets
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Oil prices surge amid escalating Israel-Iran conflict and uncertain US response, with Citi warning of further spikes if Iran's exports are disrupted. European shares plummet due to Middle East tensions and fears of US involvement, reflecting global market unease.

Social Security’s Trust Funds Will Run Out of Money in Less Than 10 Years

Money.comWednesday, June 18, 2025 at 8:50:59 PM
Social Security’s Trust Funds Will Run Out of Money in Less Than 10 Years
Social Security’s trust funds are on track to be depleted within a decade, leaving lawmakers with a tight deadline to shore up the program. Without action, benefits could be slashed—something millions of retirees and workers are banking on not happening.
Editor’s Note: This isn’t just a budget problem—it’s a pocketbook issue for nearly every American. Social Security isn’t going away, but if the funds dry up, automatic benefit cuts kick in. That means less money for retirees, disabled workers, and families who rely on the program. The political fight over fixes (tax hikes, benefit trims, or both) is about to get a lot louder.
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