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Inflation increased 0.4% in September

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(WASHINGTON) -- The consumer price index rose 0.4% in September on a seasonally adjusted basis after rising 0.1% in August, the Labor Department said Thursday.Consumer prices overall rose 8.2% in the last 12 months, higher than economists' predictions of 8.1%.Increases in the shelter, food,... Read More.

Social Security benefits to increase 8.7% in 2023

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(WASHINGTON) -- Social Security and Supplemental Security Income benefits for approximately 70 million Americans will increase 8.7% in 2023 as Americans deal with the highest inflation rates in decades.The 8.7% cost-of-living adjustment will begin with benefits payable to more than 65 million Social Security... Read More.

Inflation data to show if prices fell amid Fed rate hikes

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(WASHINGTON) -- Consumers on Main Street and investors on Wall Street will closely watch the release of inflation data on Thursday. The latest data arrives weeks after the Federal Reserve escalated its fight against inflation with a third consecutive rate increase.The median forecast in... Read More.

US economy added 263K jobs in September

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(WASHINGTON) -- U.S. employers added 263,000 jobs in September and the unemployment rate fell slightly to 3.5% from 3.7%.Economists were predicting a gain of 250,000 jobs last month.Notable job gains occurred in leisure and hospitality and in health care, according to the Department of... Read More.
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