Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.
Social Security's annual COLA calculations are under scrutiny from advocacy groups, with some calling for different metrics to be used to boost or reduce the inflation adjustments.
The part of the US Treasury market that protects investors from rising consumer prices is now facing uncertainty after the ...
The Bureau of Labor Statistics — the agency that produces the monthly jobs report, the consumer price index, and other marquee economic data — had a $700 million budget in 2025. The White House has ...
The pace of inflation likely picked up last month, but not enough to prevent the Federal Reserve from cutting interest rates next week. The Bureau of Labor Statistics is scheduled to publish the ...
The 2026 cost‑of‑living adjustment (COLA) would soon be announced in October. With inflation cooling, experts now expect the 2026 COLA for Social Security to land between 2.6% and 2.7%. It however is ...
The report shows food items like instant coffee and beef are getting pricier. Instant coffee prices in September were about ...
M/M vs. 0.4% consensus and +0.4% in August, according to data released by the Bureau of Labor Statistics on Friday. The ...