Inflation

By rebounding off the multi-day low on Monday, US inflation expectations, as measured by the 10-year and 5-year breakeven inflation rates from the St. Louis Federal Reserve (FRED) data. Support the market's most recent reevaluation of…

The most recent cost-of-living adjustment (COLA) for Social Security was 8.7%. This was the most significant increase in decades. Inflation soared in 2022, driving up the cost of living for all retirees and causing many to struggle…

President Joe Biden asserted that his Inflation Reduction Act would reindustrialize the country and generate new jobs. Larry Fink of Bank of America and Larry Fink of BlackRock are among the economists and investors who believe that the…

The Inflation Reduction Act was enacted on August 16 by President Joe Biden, allocating billions of dollars to Americans wishing to improve their homes, companies, and vehicles. And now it seems like every week businesses are announcing…

Although inflation is displaying signs of moderating, according to Bank of America CEO Brian Moynihan, the US economy will still experience a recession. The Wall Street executive forecast a minor drop on the company's quarterly results…

The IRS has refunded approximately $172 billion to taxpayers this year, $16.4 billion less than in 2022, latest agency data. The data indicates that this amounts to an average refund of $2,903, $360 less per person than in 2022. IRS…

On Thursday, three Federal Reserve officials left the door open for additional rate increases intended to lower high inflation. Concerns with the banking sector may cause enough economic headwinds to help lower price pressures earlier…

Another round of stimulus check may come as lawmakers urge to ease the Americans' struggle amid continuous rising inflation. Consumers in the United States have been dealing with inflation since the second part of 2021. And by this…