A stronger-than-expected GDP reading could reinforce concerns that underlying price pressures remain sticky while raising expectations for near-term Fed rate hikes. Read more here.

By Sukanya Mitra Oct 28 (Reuters) - Gold prices ticked lower on Wednesday after the previous session's climb of about 1%, as higher oil prices stoked inflation fears while investors awaited the Federal Reserve's policy decision later in the day for clues to the rate outlook.

Republicans are increasingly feeling the drag of high costs, and more say that the president's economic policies have made conditions worse.

The Social Security Administration on Wednesday announced a 3.6% cost-of-living adjustment for benefits in 2027. The Social Security COLA calculation is based on a subset of the consumer price index, known as the Consumer Price Index for Urban Wage Earners and Clerical Workers, or CPI-W.

In August 2026, it showed year-over-year inflation up 3.4% year-over-year. Projections suggest the number will be 3.7%. I suspect, like many of us, after going to the grocery store and filling up the gas tank,

The hotter reading is a sign that high energy prices are tightening their squeeze on consumers ahead of next month’s midterm elections.

Most American workers (78%) agree that today's high cost of living is making it harder for them to save for retirement, according to Stressed and Strained: Four Generations Strive for Retirement Security,

You don't have to sit back and wait for your buying power to erode.