This year's cost-of-living adjustment is only days away on October 10, 2024. That's when we'll see if the adjustment matches ...

The government revised the CPI formula in the 1990s so that it understates the actual rise in prices. Based on the formula used in the 1970s, CPI is closer to double the official numbers.

Tax brackets are likely to be adjusted higher by 2.8% for the 2025 tax year, according to CBS News, which cited an analysis ...

Inflation growth is rapidly closing in on the Federal Reserve’s 2% target.One of my favorite parts of every morning is ...

Governor Hochul slashed the formula for Foundation Aid. Long Island schools are suffering for it, and the worst is yet to ...

The CPI has been due for revision for over a decade now. A new HCES was conducted in 2022-23, the results of which were released earlier this year. The new HCES found that the share of food ...

Economists expect September's consumer price index to show tame inflation, allowing the Federal Reserve to cut its policy ...

The U.S. dollar edged higher on Wednesday ahead of the release of records from the Federal Reserve's September decision to ...

The U.S. Department of Agriculture devised a formula that dictates how much you should spend on groceries. See how you stack ...

The Labor Department's latest Consumer Price Index report came out this morning. It showed inflation continues to ease with consumer prices posting their smallest annual increase since early 2021.

For example, the PCE formula adjusts its weights monthly ... retroactively revise PCE data to account for new data or measurement techniques. CPI data is generally only revised to account for ...