Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Inflation inched higher last month as Americans closed out the summer paying more for both groceries and gasoline. Consumer prices in August were up 2.9% from a year ago, according to a report ...

Consumer spending came in strong even as the Fed’s preferred inflation gauge remained stubbornly high in August – though not enough to dash hopes for an interest rate cut next month. Personal ...

Consumer price growth rose in August, the Bureau of Labor Statistics reported Thursday. It's the latest indication that the U.S. economy continues to contend with inflation even as the job market ...

Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. Economists ...

On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and said it isn't clear whether tariff-induced price hikes will be a one-off or could pose a more ...

We’re a week out from the September meeting, when the Federal Reserve will decide whether to cut interest rates to stimulate the economy. But before that decision, we get one more round of official ...

Renters also faced a financial shock in 2024, as rent increases outpaced inflation. Housing costs rose faster than inflation last year for renters and owners alike, according to new Census Bureau data ...

Social Security beneficiaries are likely to receive a larger cost of living adjustment (COLA) next year after the latest inflation data show price pressures persisting, according to a new report.

On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and said it isn't clear whether tariff-induced price hikes will be a one-off or could pose a more ...