Let’s break down what $100 is worth today vs. 10 years ago, and some of the things you could buy for $100 back then compared to today.
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Why is COLA linked to inflation and what does it mean?
The Cost-of-Living Adjustment (COLA) is a lifeline for millions of Americans on Social Security, designed to counteract ...
The figure affects military retirement pay, Social Security benefits, VA checks, and more. Here’s where it’ll likely land.
The widely watched gauge of consumer prices fails to capture the cost of living crisis for many Americans, argues Gene Ludwig ...
Staffing shortages have forced the U.S. federal government to scale back the price checks it uses to calculate the inflation rate. Economists are warning that could lead to less accurate ...
The Big Mac index reveals inflation is underestimated; Big Mac prices have risen 163% since 2000, while official inflation is only 85%. Technological advancements and hedonic adjustments skew ...
Seniors will get a 2.5% Social Security COLA next year, boosting the average benefit to $1,976 per month. The government calculates COLAs based on third-quarter inflation data that doesn't look at ...
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