| 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...
| 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...
| 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...
| Apr 11, 2014
| 4:11 PM
Drought in the United States, past and present, might make 2014 one of the more volatile years for food prices and supplies globally. U.S. consumers may get a preview of what's coming at the salad bar.
The main culprit is the parched land of California'...
| Mar 18, 2014
| 6:43 AM
WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday.
Over the previous year, the consumer price index has risen 1.1%. The...
| Feb 25, 2014
| 8:42 AM
Physicists may be the only people who understand that the quest for exact measurement of the real world is a wild goose chase -- the Heisenberg uncertainty principle tells them that the more precisely they measure the momentum of a particle, the less they...
| Feb 20, 2014
| 6:39 AM
WASHINGTON -- Consumer prices barely budged last month, a slowdown that showed inflation was well in check to start the year -- and maybe running too low.
The consumer price index rose 0.1% in January, down from the 0.2% increase the previous month, the...
| Feb 20, 2014
| 11:30 AM
WASHINGTON -- President Obama has dropped a proposal included in previous budget offers that would have changed the way entitlement benefit increases are calculated, an acknowledgment that the era of “grand bargain” fiscal talks with...
| Feb 20, 2014
| 7:13 PM
WASHINGTON — Seeking to present a unified Democratic front in an election year, President Obama is backing away from a proposal to restrain spending on entitlement programs, focusing instead on economic priorities likely to please his party's base....
| Feb 21, 2014
| 7:21 AM
Chalk it up to Republican obstinacy, Democratic opposition, or just plain common sense, the White House has dropped the noxious chained CPI from its Social Security proposals for the upcoming federal budget.
The chained consumer price index is a new way...