With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 per month. It's better than benefits remaining stagnant, but this increase likely isn't going to make life more comfortable for retirees struggling with rising costs.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
Egg prices are already high, but officials say they are only going to go up more in 2025. Here's how much you could pay and why they are so expensive.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
JUNEAU — A three-member panel recommended Wednesday that Alaska’s governor, cabinet members and lawmakers receive automatic pay adjustments every odd-number year moving forward.
The consumer price index (CPI) accelerated to 2.9 percent last month from a year ago, up from 2.7 percent in November, the Labor Department said in a statement on Wednesday. For all latest news, follow The Daily Star's Google News channel. This was in line ...
Yes, there is an egg shortage due to bird flu. Officials at the U.S. Department of Agriculture (USDA) have confirmed there is an egg shortage and linked it to highly pathogenic avian influenza (HPAI), which has spread between chicken flocks across the country since first appearing in the U.S. in February 2022.
The Consumer Price Index (CPI) rose 1.8% on a year-over-year basis in December, down from a 1.9% increase in November. Food purchased from restaurants and alcoholic beverages purchased from stores contributed the most to the deceleration. The CPI excluding ...
Statistics South Africa (Stats SA) released the latest figures on Wednesday morning, including the average inflation for last year which came at 4.4%.
Traders should keep watch on US Retail Sales data on Thursday, as it could increase volatility to Bitcoin price.