3 things retirees need to know about annual Social Security raises

Social Security beneficiaries receive a cost-of-living adjustment (COLA) in most years. While this is often referred to as a ...

The 2027 COLA calculation has officially started — what to watch

Following that 4.4% increase, independent Social Security analyst Mary Johnson raised her 2027 COLA projection to 4.7%. But ...

How COLAs Are Calculated -- and Why the Formula May Not Reflect What You Actually Pay

There's a real reason your COLAs don't seem like they're keeping pace with your expenses, and it has to do with how the ...
Time

Trump Says ‘I Love the Inflation’ as Rate Reaches Three-Year High

Follow this section to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Personalized Content Follow this tag to personalize your feed and get ...
The Hill

Inflation hits back hard at Trump, who spins heads with comments

A new report on Wednesday showed inflation rising 4.2 percent in May, marking its highest level in three years and underlining how hard the Iran war is hitting consumers. The Labor Department report ...
Fox Business

Inflation rose again in May as elevated energy prices squeeze consumers

Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...
The New York Times

Inflation Keeps Prospects of a Fed Rate Cut Low

The Consumer Price Index is one of the last major data releases ahead of Kevin M. Warsh’s first meeting as chair of the Federal Reserve. By Colby Smith Colby Smith covers the Federal Reserve. The ...
CBS News

Inflation in May likely topped 4% for the first time in 3 years, economists say

Economists expect a key inflation gauge set to be released on Wednesday to show that U.S. consumer prices in May rose at their fastest pace in more than three years. The Consumer Price Index is ...
Reuters

Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised

Dallas Fed's trimmed mean inflation measure may currently understate true price pressures Core PCE inflation rose 3.3% year-over-year, fastest since 2023, per Commerce Department Warsh has said he ...
CNN

Inflation is at a three-year high — and now many Americans are burning through their savings

High gas prices pushed up inflation again last month while adding to Americans’ financial strain: Households are saving at the lowest rate in nearly four years, a new report showed Thursday. The Iran ...
Pew Research Center

Have Americans’ wages kept up with inflation? That depends

Inflation in the United States reached its highest level in three years in April, according to the Bureau of Labor Statistics (BLS). And many Americans are feeling the pinch: In a Pew Research Center ...
CNBC

Inflation rate projected to hit 6% in the second quarter, top economic forecasters say

The recent surge in inflation is likely to get worse over the next several months, according to a survey Friday from the nation's top economists. Consumer price inflation is projected to hit 6% for ...