This is intended to help seniors and other Social Security recipients keep up with inflation and is based on Consumer Price Index (CPI) data from the third quarter of 2024. While the 2.5% COLA isn't exactly news at this point,
Despite the solid job market and low 4.1% unemployment rate, he has to contend with headwinds like inflation, a budget deficit, increased tensions over trade, the fallout from his plans to curtail immigration and a persistent wealth gap.
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying output of goods and services, price levels, and labor use provides
Corporate earnings and key economic data from around the world will likely shape the direction of the stock market, keeping investors on their toes.
The week from January 27 to February 1 is set to be action-packed, with several key events lined up. Let’s dive into what’s ahead!
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
Buying produce in season is another great way to save money. Seasonal fruits and vegetables are often priced lower due to their abundance. For instance, berries are more affordable in the summer, while root vegetables like sweet potatoes and squash tend to be less expensive in the fall.
Here are five economic forces that could shape the first year of Trump’s presidency: Whipping inflation is easier said than done.
American consumers are once again worried about inflation, the issue that may have cost former President Joe Biden the 2024 election, as President Donald Trump ’s administration advances its economic agenda, according to the latest consumer sentiment reading from the University of Michigan.
More expensive repairs and an increase in risky driving behavior are some of the factors driving up car insurance rates.
Commissions do not affect our editors' opinions or evaluations. The consumer price index, commonly referred to as CPI, measures changes in the price of consumer goods and services, from food and ...
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.