Consumer Price Index

Retail sales up slightly

Retail sales up slightly

Sales at U.S. retailers rose slightly less than expected in December, while underlying inflation remained tame, suggesting the recovery was strengthening modestly with little price pressure building. A separate report on Friday showed a surprisingly large gain of 0.8 percent in output at the nation’s factories, mines and utilities in December, but cold weather was […]

Does COLA freeze hurt Social Security recipients?

Does COLA freeze hurt Social Security recipients?

Seniors will remain ahead of the inflation curve despite a second straight year without an increase in their Social Security benefits. Some seniors and their advocacy groups have raised the specter of millions of the elderly struggling to pay for food, utilities and health care under a benefit freeze. Struggle, many do, particularly those who […]