| Nov 21, 2013
| 7:41 AM
We've been making the case for years that the proper approach to Social Security is to expand it -- increase benefits and bring more people into its embrace, including college-age survivors of deceased workers. Sen. Elizabeth Warren (D-Mass.) has now made...
| Nov 20, 2013
| 6:41 AM
WASHINGTON -- Consumer prices unexpectedly dipped last month, the first decline since the spring, driven by lower gasoline costs, the Commerce Department said Wednesday.
The Consumer Price Index fell a seasonally adjusted 0.1% in October from the...
| Oct 30, 2013
| 8:22 AM
Monthly Social Security payments will rise 1.5% next year, bringing the average benefit amount to about $1,288 after an annual cost-of-living adjustment, the Social Security Administration announced Wednesday.
The 1.5% rise is the smallest increase...
| Oct 4, 2013
| 3:07 PM
It happens every time: Republicans and Democrats get into a standoff over the federal budget, and their best plan for wriggling out of it is to nickel-and-dime people on Social Security and Medicare.
The worst zombie in this package, a terrible idea...
| Sep 3, 2013
| 7:15 PM
Is it that time again?
Syria will be foremost on Congress' mind when it returns from vacation next week, but lurking on the horizon like an ever-present cloud bank will be the debt limit. Treasury officials say the limit, currently set at $16.7...
| Aug 14, 2013
| 8:29 AM
The Eurozone, which has struggled with a debt crisis and a prolonged recession, saw its economy expand for the first time in 18 months, according to figures released Wednesday.
Eurostat, the European Union’s statistical agency, said the...
| Jul 16, 2013
| 6:34 AM
WASHINGTON -- Sharply higher prices at the gas pump led to the biggest jump in inflation since the winter, the Labor Department said Tuesday.
The Consumer Price Index rose 0.5% in June after just a 0.1% increase in May. Gasoline prices were the major...
| Apr 23, 2013
| 7:15 PM
Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month.
That's the amount by which benefits for the average...
| Jun 18, 2013
| 7:48 AM
WASHINGTON -- Consumer prices rose in May for the first time in three months, but the increase was small and inflation over the past year remained tame, the Labor Department said Tuesday.
The consumer price index rose a seasonally adjusted 0.1% last...
| May 29, 2013
| 12:33 PM
Gasoline prices are only slightly below levels set in 2011 and 2012, according to Energy Department statistics. But even a relatively small decline is enough to dent the used car auction prices of hybrid vehicles and the retained value of electric...
| May 8, 2013
| 10:19 AM
Summer gasoline prices will be lower in the U.S. than they were last year. But they won't be much lower, experts say, because U.S. refineries have been exporting record amounts of fuel overseas.
That's behind what would normally just be a good news...