| May 15, 2014
| 12:41 PM
The cost of living climbed in April at the quickest pace since last summer, a sign that the economy may be picking up speed.
The consumer price index rose 0.3% last month, the biggest gain since June, the Labor Department said Thursday. Over the last 12...
| May 23, 2014
| 7:00 AM
It's not just your imagination: You are spending more money at the grocery store these days as the price of limes, shrimp, hamburgers and bacon skyrockets.
Prices are rising, and not just with those foods that have been affected by Mexican drug...
| 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...
| Apr 15, 2013
— Well, at least we're starting to get the procedure right. Washington has rediscovered the beauty of the boring. It's called "regular order," using the normal, routine, constitutional process to arrive at, for example, a budget.
| 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...
| Jan 28, 2013
| 1:42 PM
When it comes to fixing America's ballooning debt problem, there is one policy option that both Democrats and Republicans should be rushing to embrace. It is the proposal to replace the current Consumer Price Index (CPI) with a more accurate measure of...
| Mar 2, 2013
| 5:00 AM
A recent article ("Pumping Up the Price" Feb. 26) on gasoline prices should make it clear to readers that the price of gasoline is no longer the result of inefficient fuel use or too much demand. Unfortunately the focus of the article was evidently on the...
| 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...
| 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...
| Apr 5, 2013
| 4:35 PM
Portrait studios at Sears and some Wal-Mart stores — the scenes of innumerable family photos — have unexpectedly closed as their operator, CPI Corp., goes out of business.
The portrait provider said in a statement on its website that all...