Federal Debt: A Heavy Load

Illustration of Uncle Sam carrying heavy debt burden As recently as 2007, the amount of federal government debt—Treasury securities held by the...

David Payne

6 24.12.2020

No 2021 Social Security COLA Increase Likely

Update: 1.3% COLA Announced for 2021 The Social Security Administration (SSA) is required by law to prevent inflation from eroding the buying power...

David Payne

10 26.10.2020

No Social Security COLA Increase Likely for 2021

Update: 1.3% COLA Announced for 2021 The Social Security Administration (SSA) is required by law to prevent inflation from eroding the buying power...

David Payne

50 15.10.2020

How the Fed's Moves Affect You

Illustration by Kotryna Zukauskaite Not all that long ago, the only major decision the Federal Reserve Board had to make was where to set short-term...

David Payne

10 05.09.2020

Recovery Has Begun, but Progress May Slow

The recovery has started. Third-quarter GDP should rise 18% or so at an annual rate. But a sustained rebound will depend on continued progress against...

David Payne

3 31.08.2020

Reopenings Continue Despite Coronavirus Surge

Getty Images Retail and food service sales rose 1.2% in July as store reopenings continued. However, the pickup was much less than the 8.4% rise in...

David Payne

3 15.08.2020

Rebound in Car Insurance Premiums Helps Bump Up Inflation Temporarily

iStockphoto A rebound in the prices of car insurance, airfares, car rentals and a continuing uptick in gasoline prices pushed up the consumer price...