Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.

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 ...

Inflation eased slightly in April to an annual rate of 8.3 percent, down from an annual rate of 8.5 percent in March, according to data released Wednesday by the Bureau of Labor Statistics. The ...

While we won't know the exact percentage until Friday, Oct. 24, an advocacy group for seniors has set its final prediction ...

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 ...

A retiree using the 4% rule to guide withdrawals would have taken out $60,000 from a $1.5 million portfolio in the year 2000. By 2020, that withdrawal amount would have been right around $100,000. The ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. CPI-W numbers control the Social Security Cost of Living ...