As the world’s industrialized nations continued to roll out more plans to bolster flagging economies, European leaders called for a review of the global financial system.
The Labor Department reported a 0.8 percent rise in consumer prices in July — double the expected rate — sending inflation on its fastest annual pace in 17 years. Continue reading
When high-level talks between the White House and Congress resume on Friday, one idea that’s expecting to get close attention is adjusting the Consumer Price Index. Paul Solman reports on the proposal and its potential impact. Continue reading