| Jan 16, 2014
| 1:04 PM
You may have noticed your dollar recently went further in the supermarket: Food prices fell 2.1 percent in November and December in South Florida, the U.S. Bureau of Labor Statistics reported Thursday.
Thank falling citrus prices for helping lower...
| 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...
| Jun 25, 2013
| 6:48 AM
We just received a letter from our state senator (Jim Brochin) that has me befuddled.
He says "The new law increases the gas tax from 23.5 cents per gallon to 43.5 cents per gallon by mid-2016. Additional gas taxes will then be linked to the Consumer...
| 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...
| 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...
| 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,...