July

How much will your Social Security benefits increase in 2023 based on current inflation?

How much will your Social Security benefits increase in 2023 based on current inflation?

(Bram Berkowitz) New August inflation data sent the market lower earlier this week, with the Dow Jones Industrial Average giving up an astonishing 1,250 points on Tuesday as inflation was higher than expected last month. Inflation data doesn’t just impact markets; it also plays an important role in determining the increase in Social Security benefits …

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Inflation persists as prices rose further in August compared to July

Inflation persists as prices rose further in August compared to July

Consumer prices in August climbed 0.1 percent from the previous month, despite lower gas and energy costs. A number of economists had hoped Tuesday’s release would show inflation finally slowing, but a new government report shows price increases remain stubbornly high. Data released Tuesday by the Bureau of Labor Statistics showed August prices were up …

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