The government adjusts Social Security benefits each year based on inflation rates, but that increase has not kept up with the rising cost of medical care and other expenses.
By Paul Solman
The economy added 201,000 jobs in August, and the national unemployment rate remained at 3.9 percent.
By Gretchen Frazee
In an effort to curb soaring inflation in Venezuela, President Nicolas Maduro shaved five zeros off the value of the bolivar. Is it enough? We asked several analysts to explain.
By Larisa Epatko
Quantitative easing and other unconventional policies should have produced extraordinary inflation, quite possibly even hyperinflation. So what's going on?…
By Vikram Mansharamani
By PBS NewsHour
Plummeting worldwide fuel prices have damaged several economies, but perhaps no country has been hit harder than Venezuela. Once flush with oil money, the nation now faces a collapsing economy, skyrocketing inflation and a wave of looting and crime driven…
By Stephen Ohlemacher, Associated Press
For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more than one-fifth of the nation's population.
At its March policy meeting, the Federal Open Market Committee refused to lay out a time table for raising interest rates, with Janet Yellen saying that a June rate hike is possible but not definitive. The Fed's economic forecasts, however,…
By John Komlos
For months, the thorn in the side of otherwise sunny jobs reports has been sluggish wage growth. As unemployment falls, wages are supposed to rise. Those expectations will likely play a role in the Fed's policy deliberations this week. But…
Paul Solman interviews Nobel laureate Robert Solow abut the week's economics news and looks ahead to the Federal Reserve's policy meeting next week.
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