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Retirees and others who rely on Social Security will see a large boost in benefits next year, with the average benefit rising by $141 per month, as inflation stays above 8%.
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The Federal Reserve raised interest rates by another 0.75 percentage points today, as it tries to control runaway prices. The central bank also signaled that additional rate hikes are likely.
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All three indexes fell after worse-than-expected inflation data raised expectations the Fed will need to continue raising interest rates aggressively to bring prices under control.
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Inflation eased slightly in August thanks to falling gasoline prices, but the cost of many essentials continues to climb, including soaring power bills that are straining family budgets.
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Democrats and many independents are motivated by the issue of abortion, while Republicans have the advantage on the economy, according to a new NPR/PBS NewsHour/Marist poll.
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Here's what we learned from a hectic spate of financial report cards shared by top U.S. retailers.
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Pawn shops around the country are doing the kind of business they haven’t seen since the 2008 financial crisis.
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Voters in a key swing county in Florida are grappling with some of the highest inflation rates in the country. But it's not necessarily the deciding factor for some voters.
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Inflation hasn’t hit Americans like this in decades. And families living with chronic diseases have little choice but to pay more for the medicine, supplies and food they need to stay healthy.
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The Inflation Reduction Act is not expected to bring down inflation dramatically or right away, but experts say that might not be such a bad thing given the bill's other areas of focus.
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Falling gasoline prices put a dent in the July inflation rate, which fell to 8.5% from 9.1% in June. But other costs such as housing continue to climb, putting a strain on many family budgets.
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Those households are struggling to stay afloat, according to a new poll from NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health.