Inflation cooled slightly in February compared to previous month, 2.8% now compared to 12 months ago
The Labor Department reported Wednesday the prices for goods and services in February increased 0.2%, compared to the previous month, after rising 0.5% from December 2024 to January. The report, the department's Bureau of Labor Statistic's consumer price index, is wide-ranging measure of costs across the U.S. economy.
As the costs of goods continues to increase nationwide, Social Security benefit adjustments aren't expected to keep up.
After rising in the third quarter of 2024, following three consecutive quarterly decreases, combined parts and labor costs ...
February’s inflation report was better than expected, but it doesn’t tell us much about where prices are heading given the uncertainty around Trump’s trade war. “The widespread imposition of tariffs ...
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