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Market and Exchange

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Top Market and Exchange Articles

Displaying items 34-44
  • The myths that undermine Medicare and Social Security

    The myths that undermine Medicare and Social Security
    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...
  • BGE says energy prices on the rise for electricity customers

    BGE says energy prices on the rise for electricity customers
    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...
  • Record exports mean U.S. summer gasoline prices won't be much lower

    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...
  • The chained CPI: A zombie benefit cut still walks

    The chained CPI: A zombie benefit cut still walks
    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...
  • Social Security benefits to rise 1.5% after inflation adjustment

    Social Security benefits to rise 1.5% after inflation adjustment
    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...
  • The House GOP dials a wrong number on the chained CPI

    The House GOP dials a wrong number on the chained CPI
    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...
  • Consumer prices jump 0.5% in June on higher gasoline costs

    Consumer prices jump 0.5% in June on higher gasoline costs
    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...
  • Latvia joins Eurozone with New Year's fanfare but little joy

    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,...
  • Latvia adopts euro, becomes 18th member of the Eurozone

    Latvia adopts euro, becomes 18th member of the Eurozone
    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,...
  • Consumer prices rise on gas costs; annual inflation rate remains low

    Consumer prices rise on gas costs; annual inflation rate remains low
    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,...
  • Change in inflation measure would affect federal retirees

    Change in inflation measure would affect federal retirees
    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...