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Market and Exchange

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Top Market and Exchange Articles

Displaying items 45-55
  • McManus: Can Obama sell 'chained CPI'?

    President Obama won't release his proposed budget for 2014 until Wednesday, but liberals and AARP have been howling all week about something they expect to be in it. What has our president done to provoke such outrage among his supporters? He's...
  • Obama's budget: A put up or shut up moment for the GOP

    Obama's budget: A put up or shut up moment for the GOP
    It's facile to say that if the extreme right and left of American politics dislike something, it must be a good idea, but in the case of President Barack Obama's budget proposal, it may be true. The president is taking one more stab at a "grand bargain"...
  • Can Obama sell 'chained CPI'?

    President Barack Obama didn't release his proposed budget for 2014 until Wednesday, but liberals and the AARP have been howling all week about something they expected to be in it. What has our president done to provoke such outrage among his supporters?...
  • Consumer prices unexpectedly dip in October on lower gasoline costs

    Consumer prices unexpectedly dip in October on lower gasoline costs
    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...
  • Sen. Elizabeth Warren: Expand Social Security!

    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...
  • 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

    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...