Economy

What to expect at the next Fed meeting now that rate-hike odds are rising

A quarter-point rate hike is on the table at the Federal Reserve's next meeting on October 27-28, following the latest inflation data. Market participants...

Did this year’s COLA beat inflation? Here’s how spending by American seniors stacks up so far in 2026.

The cost-of-living adjustment for 2027 will be 3.6%, up from 2.8% this year, giving Social Security recipients an average of $75 more per month....

How high inflation became a ‘fact of life’ in the U.S.

U.S. consumer prices rose 3.7% year over year in September, marking more than five consecutive years of readings above the Federal Reserve's 2% target,...

‘A pittance’: Social Security benefits will rise 3.6% in 2027, about $75 a month for the average retiree, but some say it’s not enough

The Social Security Administration projected that the annual cost-of-living adjustment for seniors and disabled individuals will increase by 3.6% starting in January 2027, translating...

3 things that are driving inflation higher

Inflation remains elevated and weighs on household purchasing power. Multiple factors are contributing to rising consumer prices. Gas stations illustrate the daily difficulty consumers...

Rising bond yields and higher inflation leave the Fed trapped in a rate-hike dilemma

U.S. bond yields surged on Wednesday following the release of a hot consumer-price index report. This inflation spike puts the Federal Reserve in a...

Rising diesel prices have helped fuel inflation — and we’re about to see how much worse it could get

August producer price index data showed diesel prices jumped 24% month over month and 77% year over year. Matt Miskin, co-chief investment strategist at...

Treasury says largest U.S. banks let politics influence who received banking services

The Office of the Comptroller of the Currency within the U.S. Treasury Department released a comprehensive report revealing that the nine largest national banks...