Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.
Today, the U.S. Department of Labor released the consumer price index (CPI) for November, and inflation hit a 39-year high. Wall Street analysts and economists had generally expected to show the ...
Inflation eased slightly in April to an annual rate of 8.3 percent, down from an annual rate of 8.5 percent in March, according to data released Wednesday by the Bureau of Labor Statistics. The ...
While we won't know the exact percentage until Friday, Oct. 24, an advocacy group for seniors has set its final prediction ...
A retiree using the 4% rule to guide withdrawals would have taken out $60,000 from a $1.5 million portfolio in the year 2000. By 2020, that withdrawal amount would have been right around $100,000. The ...
The pace of inflation likely picked up last month, but not enough to prevent the Federal Reserve from cutting interest rates ...
Economists and investors for possible effects of tariffs on prices when the Bureau of Labor Statistics release May’s consumer price index on Wednesday. The consumer price index is expected to increase ...