Articles in this section cover the annual cost of living adjustment (COLA) for retired federal employees. Our authors illuminate the intricacies of the COLA and its significant impact on the financial well-being of federal retirees. Discover insights int
When the cost of living rises or the economic outlook seems shaky, one of the best investments you can make is in yourself. Think about ways to increase your earnings opportunities over your lifetime, whether bygetting more training, education or increasing your skills. Joblessness is typically ...
A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, July 30, 2024, at 10:00 a.m. and continued on Wednesday, July 31, 2024, at 9:00 a.m.1 Developm...
6 Ways to Increase Your FERS Pension Published: November 21, 2024 The FERS (Federal Employees Retirement System) pension calculation is based on three variables: your high-3 salary, years of service, and …More Imposter Scams Remain a Major Source of Fraud against Older Persons, Says Report ...
For the third consecutive year, the proportion of Americans identifying inflation or high living costs as their family’s top financial problem has hit a new peak. This year, 41% cite the issue, a slight increase from 35% last year. ...
"As interest rates increase, the cost of borrowing capital increases for companies. This in turn reducesearnings," he adds. Sponsored Brokers Fee Fee $0 Commission-free trading on stocks & ETFs. Earn $+0.06 per options contract and 5.1% APY on cash with no restrictions. ...
core inflation data for December reported a 3.2% increase last week, slightly below the forecast of 3.3%. Strong fourth-quarter earnings from major firms such as JPMorgan, BlackRock and Goldman Sachs lifted the MSCI World Index by 2.56%, marking its largest weekly gain sin...
That’s because, in order to be price competitive on global markets, U.S. exporters can’t rely solely on a cheaper dollar. They have to reduce the cost of labor going into production…. ….Even with rising foreign demand, the increase in output won’t be followed with a corresponding ...
On a monthly basis, both the overall and core price measures climbed at a moderate pace, one that matched the increase from August to September. The inflation figures were all in line with economists’ expectations. Still, for the Federal Reserve, the report serves as a reminder that inflation...
The cost of living as measured by Personal Consumption Expenditures (PCE) rose 2.1% year-over-year in September, down from a 2.3% increase in August, the Bureau of Economic Analysis said Thursday.1That was a fresh low since February 2021 and nearly down to the Federal Reserve's target of ...