Cost of dying outstrips inflation
Since 1980 the average annual increase in the cost of a funeral has been 6.1%, with a funeral now costing £3,500...
View ArticleFlawed 'living wage' the wrong way to address cost of living (IBEC - Irish...
(Source: IBEC - Irish Business and Employers Confederation) Wednesday, 30 September 2015 At a forum in Dublin Castle this morning, convened by Minister Gerald Nash to discuss the concept of a 'living...
View ArticleFuneral costs in Wales rise by an average of £170 in a year
The average cost of a funeral in Wales has risen by £170 to £3,461 over the past year, figures have shown. Wrexham is the most expensive place for a burial with fees topping £4,000, while Pontypridd,...
View ArticleFederal Reserve 2015 semiannual monetary policy report
The Chairperson of the Federal Reserve, Janet Yellen, (Published 6.15.2015) publishes a semiannual monetary policy report to the public. The key statistics provided in the Federal Reserve’s semiannual...
View ArticleSupermarkets slash private label prices to drive sales
Coles and Woolworths have both slashed private-label prices to drive sales and convert more shoppers to their home-brand products. Woolworths took the scalpel to its premium private-label range in the...
View ArticleCost-of-Living Adjustment Rising to 3% in 2017 after Zilch in 2016
There is no inflation. The most recent consumer price index (CPI) showed an incremental 0.2% gain over the past 12 months and has been fluctuating within the tight bounds of -0.2% to +0.2% from January...
View ArticleAverage College Costs
MoneyTips It’s that time of year when all across America, parents drop their children off at college, shedding a tear as they watch their little boy or...
View ArticleReality Catches Up With Jobs, But Not the Fed (Yet)
Friday's "Employment Situation" report from the Bureau of Labor Statistics (BLS) was ugly. Net of revisions to the July and August figures, the monthly increase in the obsessively watched "payroll...
View ArticleWant To Live The 1% Life? Here's How Much It Costs
Though U.S. inflation has been flat over the past year, FORBES' exclusive Cost of Living Extremely Well Index (CLEWI) rose 1.8%, just under the 2.2% increase in the total net worth of The Forbes 400....
View ArticleLower gas prices means no Social Security increase
Washington — For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more...
View ArticleLower gasoline prices means no Social Security increase
WASHINGTON – For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more...
View ArticleLow cost of gasoline means no Social Security increase
WASHINGTON — For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more...
View ArticleConsumer prices in September 2015: unchanged on September 2014 (Destatis -...
(Source: Destatis - Federal Statistical Office of Germany) Low prices of mineral oil products had a downward effect on the inflation rate Enlarge picture WIESBADEN - Consumer prices in Germany in...
View ArticleWeekly market recap: Markets at the upper end of their range
For the week ending October 9, 2015, both the Dow and the S&P 500 had a Fed-induced rally due to the dovish tone in the FOMC minutes. Stocks had their best weekly gain in months: the Dow gained 3.7...
View ArticleMexico to Boost Food Price Weighting Impact on Inflation in 2016
Mexico will increase the weighting of food and non-alcoholic drinks in its inflation basket to almost a quarter of the consumer spending index next year in an effort to improve cost of living reports,...
View ArticleHere's where the world's richest 0.00168% live
There are 123,800 ultra-high-net worth (UHNW) individuals in the world, according to Credit Suisse's 2015 Global Wealth Report. These folks have a net worth of over $50 million. Furthermore, about...
View ArticleFlawed metrics means no COLA increase for Social Security (Your letters)
To the Editor: The Social Security Administration will soon announce that there will be no cost of living allowance for 2016 for only the third time in 25 years. Apparently, the dramatic decrease in...
View ArticleEconomic Takeaways of U.S. Consumer-Price Index, Jobless Claims
What you need to know about Thursday’s U.S. economic data:CONSUMER PRICES (SEPTEMBER) Overall consumer price index dropped 0.2 percent on plunging energyCost of living ex-food and fuel rose 0.2...
View ArticleGovernment: No benefit hike for Social Security next year
There will be no benefit increase next year for millions of Social Security recipients, disabled veterans and federal retirees, the government said Thursday. It's just the third time in 40 years that...
View ArticleNo benefit hike for Social Security in 2016
WASHINGTON — There will be no benefit increase next year for millions of Social Security recipients, disabled veterans and federal retirees, the government said Thursday. It’s just the third time in 40...
View ArticleMaking Do With Less: No Cost-of-Living Increase for Retirees Next Year Union...
WASHINGTON, Oct. 15, 2015 /PRNewswire-USNewswire/ -- American Federation of Government Employees National President J. David Cox Sr. today issued the following statement regarding the announcement that...
View ArticleAverage monthly rent hits record high of £816, highlighting housing shortage
Rents rose across most of England by averages of 6.3% and 8.5% in past year, say separate studies, but fell in the north-west, north-east and Wales...
View ArticleCongressman Cohen: Social Security Should Give Seniors a Cost of Living...
(Source: Steve Cohen) [Washington, D.C.] - Congressman Steve Cohen (TN-09) released the following statement today regarding the Social Security Administration's anticipated announcement this week that...
View ArticleSocial Security Beneficiaries Stiffed Amid Benefits Debate
WASHINGTON -- Tens of millions of Social Security beneficiaries will not get a raise in 2016, the government announced on Thursday. "With consumer prices down over the past year, monthly Social...
View ArticleMaking Do With Less: No Cost-of-Living Increase for Retirees Next Year (AFGE...
(Source: AFGE - American Federation of Government Employees) Union President Says Inflation Index Minimizes Rising Costs for Nation's Seniors WASHINGTON - American Federation of Government Employees...
View ArticleBad news for Social Security recipients: No cost-of-living raise
Tens of millions of seniors will see no annual cost-of-living adjustment in their Social Security checks in 2016, the government said Thursday, unwelcome news that also will flatten benefit payments...
View ArticleRecent Grads Less Likely to Agree College Was Worth Cost
Story Highlights Half of college alumni strongly agree their education was worth the cost Caring professors raise odds of feeling education was worth it Amid recent controversy over rising tuition and...
View ArticleSocial Security: No cost-of-living raise in 2016
WASHINGTON - There will be no benefit increase next year for millions of Social Security recipients, disabled veterans and federal retirees, the government said Thursday. It's just the third time in 40...
View ArticleNo Cost Of Living Increase For Social Security Recipients In 2016
4:21 PM ET Brakkton Booker Twitter i Government data shows consumer prices fell over the past year. Social Security recipients only see a rise in the cost of living adjustment if prices increase....
View ArticleDOW GAINS 215: Here's what you need to know
Stocks staged a big rally Thursday as the major indexes each rose more than 1%. Trading volumes on the Nasdaq and New York Stock Exchange were heavier than usual, with NYSE advancing issues leading...
View ArticleRising Rents Underpin U.S. Consumer Prices as Fuel Costs Plunge
Consumer prices in the U.S. excluding food and fuel rose more than forecast in September, propelled by rising rents. Plunging energy expenses caused total costs to decrease by the most since January....
View ArticleZilch COLA for seniors on Medicare
The consumer price index, or prices at the retail level, declined by a seasonally adjusted 0.2% in September. Over the past 12 months inflation at the consumer level has shown zero increase. Inflation...
View ArticleThere Will Be No Social Security Cost-of-Living Adjustment for 2016 (NJCPA -...
(Source: NJCPA - New Jersey Society of CPAs) -October 16, 2015 With consumer prices down over the past year, monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 65...
View ArticleLaw Does Not Provide for a Social Security Cost-of-Living Adjustment for 2016...
(Source: SSA - Social Security Administration) Thursday, October 15, 2015 For Immediate Release LaVenia J. LaVelle, Press Officer press.office@ssa.gov News ReleaseSOCIAL SECURITY Law Does Not Provide...
View ArticleWho really gets hit by the spike in Medicare premiums?
Joseph Crowley, Nancy Pelosi Jacquelyn Martin / AP Rep. Joseph Crowley (D-N.Y.) listens as House Minority Leader Nancy Pelosi (D-San Francisco) speaks during a news conference on Capitol Hill in...
View ArticleNo increase for Social Security recipients
For just the third time in the past 40 years, Social Security recipients in Ohio and the rest of the nation who normally benefit from an annual cost of living increase won’t get one next year. Social...
View ArticleCOLA freeze? Sagging gas prices likely to halt Social Security cost-of-living...
WASHINGTON — For just the third time in 40 years, millions of Social Security recipients, disabled veterans and federal retirees can expect no increase in benefits next year, unwelcome news for more...
View ArticleHere's How Much Your Hangover Costs The Nation
If you're recovering from a night of drinking right now, you're about to get hit with a major buzzkill. Your hangover habit (along with everybody else's) is costing the country a pretty penny in lost...
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