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.
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.
The Conference Board released a report on Tuesday showing its U.S. consumer confidence index decreased from a notably upwardly
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.
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.
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.
New White House Press Secretary Karoline Leavitt urged members of Congress to confirm Trump's nominees to address problems like the U.S. egg shortage and the cost of living crisis.