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inflation

Soaring inflation prompts biggest Social Security cost-of-living boost since 1981 – 6 questions answered

Social Security benefits have lost their purchasing power as inflation has soared in 2022. Luis Alvarez/DigitalVision via Getty Images by John W. Diamond, Rice University Social Security...

Swelling grocery bills are pummeling the poorest – who spend over a quarter of their incomes on food

by David Soll, University of Wisconsin, Eau Claire CC BY-ND The cost of eggs and bread is soaring – a trend that’s particularly punishing for the...

5 things to know about the Fed’s interest rate increase and how it will affect you

Would the person responsible for the fate of the U.S. economy please raise his hand? AP Photo/Patrick Semansky by D. Brian Blank, Mississippi State University The Federal...

US economy may be slowing, but it’s coming off the hottest year since 1984

Tracking changes in net wealth is one of the best ways to see who benefited from economic growth. Chris Rogers/Photodisc via Getty Images – here’s...

Show me the money: Employees not only want better pay, they want status

Over 50 per cent of working Americans continue to be dissatisfied with their ‘unjust’ incomes. They say it isn’t sufficient to meet their family...

Inflation, workforce participation and real wages: 3 key indicators for monitoring the economy in 2022

Mirror mirror on the wall, who’s the best economy of them all? PM Images/DigitalVision via Getty Images by Veronika Dolar, SUNY Old Westbury; Marlon Williams, University...

BIN Exclusive: What rising prices & inflation means for Black Americans

From gas to groceries, American households are seeing rising prices as the US economy attempts to recover from last year’s pandemic lockdown. In the last months,...

Why is inflation so high? Is it bad?

Used car and truck prices are up 31% over the previous year. AP Photo/David Zalubowski  An economist answers 3 questions about soaring consumer prices by William Hauk, University...

Meet person responsible for keeping inflation from spiraling out of control

Jerome Powell, seated at left, is the current Fed chair, but some progressives want him replaced with Lael Brainard, right. AP Photo/Manuel Balce Ceneta  –...

The CEO got a huge raise. You didn't. Here's why.

WASHINGTON (AP) — Pay for globe-trotting CEOs has soared to new heights, even as most workers remain grounded by paychecks that are barely budging. While...

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