The Statistics Authority (PSA) will change again the base year used to calculate inflation and gross domestic product (GDP) ...
Tens of millions of Americans rely on Social Security benefits for a substantial portion of their retirement income. Not only ...
Millions of older Americans collect a monthly Social Security benefit. And without that income, many would be unable to cover ...
These are today's mortgage and refinance rates. Mortgage rates have held steady so far this month, and it's unclear if ...
Since the CPI is updated and reported monthly, it can be used to estimate the rate of inflation over as short a period as a single month. How to Calculate Inflation Using the CPI To calculate an ...
Social Security’s annual cost-of-living adjustment (COLA) helps keep retirees afloat as inflation erodes purchasing power.
Department of Government Efficiency (DOGE) leader Elon Musk is doubling down on his attacks of federal judges in the wake of court actions blocking multiple Trump administration efforts. In a Monday ...
A 2.5% Social Security cost-of-living adjustment is the lowest increase to benefits since 2021. To increase those checks, ...
These are today's mortgage and refinance rates. Mortgage rates have remained elevated so far this year, and it's unclear if ...
The consumer price index is regularly revised and adapted to a new base year ... too. On that basis, users can calculate inflation rates for any periods and product aggregates. Extract from Quality ...
Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...
That's when the September CPI report comes in with the final data point the government needs to calculate the COLA. But in the meantime, there's already speculation about where the COLA could fall.