Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.

The report shows food items like instant coffee and beef are getting pricier. Instant coffee prices in September were about ...

The pace of inflation likely picked up last month, but not enough to prevent the Federal Reserve from cutting interest rates ...

It would make more sense for retirees to expend their lobbying efforts to urge Congress to fix Social Security’s deficit. Retirees should be wary of the Social Security Administration (SSA) ...