News

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 ...
What Is Inflation-Adjusted Pricing? Inflation can erode the purchasing power of money, but adjusting prices for inflation can indicate how the value of money has changed over time. A million dollars ...
The current formula for Social Security's cost-of-living adjustments (COLA) is under scrutiny for failing to keep pace with ...
Supply-chain disruptions, pandemic unpredictability, and war have sent inflation to levels not seen since the early 1980s. Higher prices for essentials like food, housing, and gas are making life more ...
With state-level electricity subsidies on the rise, the government is revising how it calculates inflation for power consumption. In a major methodological shift, the new Consumer Price Index ...
When calculating the annual cost-of-living adjustment (COLA) for Social Security payments, the Social Security Administration (SSA) bases it on data collected by the Bureau of Labor Statistics (BLS), ...
The 8.6% jump in the Consumer Price Index between May 2021 and May 2022 was stunning, and it marked the biggest inflation increase since 1981. A fresh CPI reading—for the 12 months ended June 30—is ...