Financially speaking, we keep asking more of retirees. First, we ask folks who have saved for a lifetime to live on less while banks and indebted consumers use low interest rates to heal. Then we ask ...
A Bureau of Labor Statistics (BLS) report that will reveal the final figure needed to calculate the cost-of-living increase ...
The figure affects military retirement pay, Social Security benefits, VA checks, and more. Here’s where it’ll likely land.
Under the Chained CPI, yearly benefits for a typical 65-year-old would be about $136 less, according to an analysis of Social Security data. At age 75, annual benefits under the new index would be ...
Many people point to speeches by Federal Reserve "mandarins" in wonder. The Fed claims that "inflationary expectations" are "well grounded" and the consumer price index (CPI), as calculated by the US ...
Based on the latest Consumer Price Index data, prices showed signs of creeping higher in June. However, there were enough dovish points in the data to support those pushing for looser monetary policy.
Legislation wending its way through Congress and a recent Government Accountability Office report may lead the way to boosting Social Security benefits for America’s poorest retirees. The mechanism: ...
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