As the inflation rate rises, new projections indicate that the COLA may receive a further historical increase in 2023. According to The Senior Citizens League, one of the nation’s largest nonpartisan senior organizations, a 7.6 percent COLA increase is possible ...
Rates on home loans reached their highest level in nearly three years this week, escalating what is expected to be a difficult spring season in the hot housing market. Mortgage interest rates are no longer at an all-time low. Inflation ...
Paying citizens directly through the IRS, as was done with the three stimulus checks during the COVID-19 pandemic, is the quickest and most effective approach to lessen the impact on inflation. People across the United States of America are being ...
According to government data, Americans’ incomes increased slightly in the first month of 2022. However, the increase was overshadowed by rising prices, which grew at the fastest rate in 40 years. Rising energy prices remain a key driver of inflation, ...
Russia’s attack on Ukraine on Wednesday indicates that the conflict will have a more significant impact on the US economy than previously thought, as it raises oil prices and inflation and exacerbates supply chain snarls. Global supply is stressed out ...