| Jul 16, 2013
| 9:28 AM
I recently embarked on a price comparison project at six of the major grocery stores in Hampton Roads.
What I found was quite surprising: Prices have declined over the past year. (More on that to come in the Daily Press on Sunday, July 21).
| Apr 22, 2014
| 4:25 PM
The next time you visit the grocery store, you may experience sticker shock. Prices for some of your favorite foods, including bacon, coffee and oranges, are on the rise.
According to the Bureau of Labor Statistics, retail food prices rose in March...
| May 6, 2014
Coral Springs voters will decide on Nov. 4 if they want city officials to be given a pay increase.
The current compensation for commissioners, after an annual adjustment based on the consumer price index (CPI), is $17,420 per year, while it is $21,776...
| 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...
| 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...
| 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...
| Nov 5, 2013
| 6:00 AM
We've documented how the chained CPI--that new and supposedly "more accurate" inflation index that deficit hawks want to impose on Social Security--is really just an unwarranted benefit cut for the elderly. (You can find some of our columns on the topic...
| 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...
| Dec 31, 2013
| 3:14 PM
Latvia became the 18th country to make the European Union's euro its currency when fireworks exploded over Riga and church bells tolled in the new year.
Latvia has posted the 28-nation EU's most impressive economic growth rates for the last two years,...
| Jan 1, 2014
| 11:50 AM
Latvia began its new year as the 18th member of the European zone, despite vigorous opposition from many citizens who worry about price increases in 2014.
The ceremony to switch the country officially to euros from its former currency, the lats,...
| Jan 16, 2014
| 6:04 AM
WASHINGTON -- Higher gas costs helped push consumer prices up in last month by the largest margin in six months, but the annual inflation rate remained low, the Labor Department said Thursday.
The Consumer Price Index increased 0.3% in December,...