Inflation

FILE- In this Nov. 9, 2018, file photo toys are displayed at a Walmart Supercenter in Houston. On Friday, Jan. 11, 2019, the Labor Department reports on U.S. consumer prices for December. (AP Photo/David J. Phillip, File)
January 11, 2019 - 8:13 am
WASHINGTON (AP) — Consumer prices slipped 0.1 percent last month, pulled down by sharply lower gas prices and cheaper air fares, used cars, and mobile phone plans. The consumer price index rose just 1.9 percent in December from a year earlier, the Labor Department said Friday, the first time it has...
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FILE- In this Oct. 31, 2018, file photo Federal Reserve Chair Jerome Powell, left, and Randal Quarles, vice chair for supervision, gather their things at the end of a Federal Reserve Board meeting at the Marriner S. Eccles Federal Reserve Board Building in Washington. On Thursday, Nov. 8, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Jacquelyn Martin, File)
November 08, 2018 - 2:05 am
WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates once more this year but will likely hold off on any action when its latest policy meeting ends Thursday. Still, investors will be parsing the statement the Fed will issue after its meeting for any sign that it might be...
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social security
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October 11, 2018 - 7:37 am
WASHINGTON (AP) — Tens of millions of Social Security beneficiaries and other retirees can expect an increase in benefits next year as inflation edges higher. The government announced a cost-of-living adjustment of 2.8 percent on Thursday. That would mean an extra $39 a month for the average...
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September 26, 2018 - 2:20 am
WASHINGTON (AP) — The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead. The big question is whether the strong U.S. economy, which has been fueled this year by tax cuts and increased government...
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FILE- In this Sept. 6, 2018, file photo customers use the check out lines inside the new Aldi store in Tyler, Texas. On Thursday, Sept. 13, the Labor Department reports on U.S. consumer prices for August. (Sarah A. Miller/Tyler Morning Telegraph via AP, File)
September 13, 2018 - 7:34 am
WASHINGTON (AP) — Consumer prices rose 2.7 percent in August from a year earlier, with higher housing and gasoline costs driving most of the increase. The Labor Department said Thursday that the consumer price index advanced 0.2 percent on a monthly basis. Despite the monthly gain, annual inflation...
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consumer spending
August 30, 2018 - 7:36 am
WASHINGTON (AP) — Consumer spending, bolstered by strong job growth and tax cuts, rose a solid 0.4 percent in July, the sixth straight month of healthy gains, while a key measure of inflation posted its largest annual gain in more than six years. The Commerce Department says the July spending gain...
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FILE- In this May 30, 2018, file photo, a shopper walks through the updated cosmetic department at a Target store in San Antonio. On Friday, Aug. 10, the Labor Department reports on U.S. consumer prices for July. (AP Photo/Eric Gay, File)
August 10, 2018 - 8:28 am
WASHINGTON (AP) — Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy. The Labor Department said Friday that the consumer price index ticked up 0.2 percent in July. Annual...
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