"When we came in, it was ‘egg-flation, egg-flation, egg-flation,’" Treasury Secretary Scott Bessent said Oct. 26 on NBC’s ...
The Bureau of Labor Statistics is likely to skip a month of data collection for the Consumer Price Index for the first time in its history because of the ongoing government shutdown.
Mortgage rates have been steadily declining in 2025, but will they continue that trend in 2026? Here's what to know.
I bond interest rates adjust every six months, and the inflation reading released Friday allows us to calculate what your next rate will be on existing bonds.
For new I Bonds, the fixed rate will be set at 0.90%, while the inflation portion will be 3.12%. Thanks to the mathematics of compound interest, the combined interest rate is 4.03%. It's worth noting ...
Core prices, which exclude volatile food and energy costs, rose 0.2%, after rising 0.3% the month before. That moved the annual core inflation rate to 3%. Airline fares increased 2.7%, after rising ...
The latest inflation report may or may not have an adverse impact on mortgage rates. It's too soon to tell definitively. But it won't help ease the Fed toward additional rate cuts, and it could ...
As mentioned, the majority of Americans don't feel like the Social Security COLA is enough. In fact, 77% of Americans over 50 ...
Simon Yoon voted for Trump a year ago but now regrets it. The sushi restaurant owner closed the eatery in October as costs ...
The Bank of England is set to announce a potentially knife-edge interest rate decision on Thursday with most investors ...
ChatGPT explained how Federal Reserve rate cuts could impact inflation, the U.S. dollar and your own wallet. Find out more about what it could mean now.
From housing to food to health care, everything is getting more expensive while wages stay mostly stagnant. It’s part of a phenomenon called inflation and it has a direct impact on each of us. As the ...
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