Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.

The 2026 Social Security cost-of-living adjustment (COLA) brings a 2.8% increase for recipients, a welcome boost but still below the long-term average, as inflation continues to erode buying power for ...

Freddie Mac’s rate for a 30-year fixed-rate mortgage reached its lowest level in over a year, averaging 6.19% for the week ...