Have you ever wondered what exactly goes into the Consumer Price Index? Many people – and certainly the majority of financial institutions and investors trying desperately to read the CPI’s tea leaves ...
The Bureau of Labor Statistics (BLS) publishes the Consumer Price Index each month. The CPI estimates the percentage change in prices for a predetermined basket of goods. As published on the BLS ...
The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries.Originally scheduled for Wednesday, the 2024 ...
A retiree using the 4% rule to guide withdrawals would have taken out $60,000 from a $1.5 million portfolio in the year 2000. By 2020, that withdrawal amount would have been right around $100,000. The ...
Inflation is the increase in the monthly price of a basket of consumer goods and services and it is tracked and calculated by two different bureaus of the US government. Learn the two ways inflation ...