| 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...
| 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...
| 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...
| Dec 17, 2013
| 7:35 AM
WASHINGTON -- Consumer prices were unchanged last month, the government said Tuesday, keeping inflation running low as Federal Reserve policymakers start a two-day meeting to decide if the economy is strong enough to begin reducing a key stimulus program....
| 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...
| 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...
| 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...
| 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,...
| Nov 28, 2013
| 4:32 AM
After a steady decline that started Sept. 1, gasoline prices have marched upward during the last two weeks ??? just in time for when millions of Americans hit the road for Thanksgiving week and the traditional start of the holiday......