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 rose two-tenths of a percentage point to 2.9% for the year ending in August in the consumer price index, the Bureau of Labor Statistics reported Thursday, raising fears that about price ...
US inflation ticked up in June in a possible sign that President Trump’s tariffs are starting to sting. The Consumer Price Index rose 2.7% in June from the year before, matching economists’ ...
Inflation held at 2.7% for the year ending in July in the consumer price index, the Bureau of Labor Statistics reported Tuesday, suggesting that the price pressures from tariffs were not as strong as ...
An expected surge in inflation didn’t really materialize in July, but there are signs that higher tariffs are slowly starting to hit prices. The consumer price index climbed 2.7% year over year in ...
When interest rates surged in 2022 and 2023, many blue chip dividend stocks slumped as income investors pivoted toward risk-free CDs and Treasuries for higher yields. However, the Federal Reserve cut ...
ORLANDO, Florida, Sept 9 (Reuters) - The Federal Reserve is widely expected to cut interest rates next week even though inflation is still around 3%, a full percentage point above the official goal.
Inflation rose by 0.3% month over month in June and 2.7% year over year, higher than last month's figure. Editor-in-Chief Caleb Silver breaks down the inflation data for the month of June 2025. July ...
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price index, a broad-based measure of goods and services costs, ...
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