| Apr 23, 2013
| 11:27 AM
The talk in Washington and among opinion leaders around the country's budget issues today centers on "balance" and "responsibility." Many conservatives declare that these terms mean that there should be no new revenue, only spending cuts to programs...
| Apr 25, 2013
| 6:11 PM
Baltimore Gas and Electric Co. said Thursday that energy prices will rise $6 a month for the typical residential electricity customer who doesn't use an outside power supplier, the first jump in energy prices in four years.
That rise in costs, running...
| 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,...
| 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,...
| Nov 7, 2013
| 7:14 PM
The next big battle for federal workers might not be over another government shutdown, but how to measure inflation.
The long-term budget deal that lawmakers agreed last month to pursue is expected to include discussion on whether the federal government...