INFLATION

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Oct 25 2025FINANCE

Seattle's Rising Costs: Is Social Security Keeping Up?

Seattle's living costs are higher than most places in the U. S. This is a big deal for people who rely on Social Security. The Social Security Administration just announced a 2. 8% increase in benefits for 2026. But will this be enough to cover the rising costs in Seattle? The cost of living in Sea

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Oct 25 2025FINANCE

Stocks Soar as Inflation Cools

Stocks hit record highs on Friday after inflation data came in softer than expected. The Dow Jones Industrial Average crossed 47, 000 for the first time, while the S&P 500 and Nasdaq also saw gains. This marks a strong week for the markets, with all three major indexes up around 2%. Ford led the ch

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Oct 24 2025FINANCE

September's Inflation: A Small Step Back

Prices went up, but not as much as people thought they would. This is what happened in September. The numbers came out late because the government wasn't working. The U. S. Bureau of Labor Statistics said prices were 3. 0% higher than last year. That's a bit less than what experts guessed. It's als

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Oct 24 2025FINANCE

Stocks Soar as Inflation Eases, But What's Next?

The stock market is on a roll, with the S&P 500, Dow Jones, and Nasdaq all pushing towards new highs. This surge comes after a recent report showed inflation isn't as bad as some feared. Lower inflation is good news for everyday folks struggling with high prices. It's also a green light for the Fede

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Oct 24 2025FINANCE

Small Raise for Seniors: Will It Be Enough?

Next year, seniors and other Social Security beneficiaries will see a small boost in their monthly checks. The increase is 2. 8%, which works out to about $56 more per month for the average person. This change is meant to help with rising costs, but it might not be enough. Health care costs eat up

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Oct 24 2025FINANCE

Where You Live Affects Your Retirement Savings

Inflation is like a sneaky thief, stealing from your wallet bit by bit. It's not just about the price of your morning coffee today, but also about how much your money will be worth when you retire. The longer you keep your money idle, the more inflation nibbles away at its value. Different places i

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Oct 20 2025FINANCE

Pound in Peril: Experts Predict a Rocky Road for the UK Economy

The UK's economic future is looking shaky, and investors are taking notice. Many fund managers are placing bets that the pound will drop in value. This is because the UK is facing slow growth and some tough financial decisions are coming up. Rachel Reeves, the Finance Minister, has a big task ahead

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Oct 17 2025BUSINESS

The Economic Pulse of Greater Williamsburg: A Closer Look

Economists and business leaders recently gathered to discuss the economic outlook for Greater Williamsburg. The conversation covered a range of topics, including the job market, housing trends, and the tourism industry. Inflation has been a major concern, with recent data showing a rise in prices.

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Sep 30 2025FINANCE

Global Stocks Shine in 2025: What's Driving the Rally?

In 2025, global markets have been on a roll, with foreign stocks taking the lead. Developed markets outside the US have seen the biggest gains, up 26. 4% so far this year. Emerging markets aren't far behind, with a nearly 23% increase. Even US stocks have done well, rising 13. 6%. But it's not just

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Sep 11 2025BUSINESS

Inflation and Jobs: A Tough Choice for the Fed

The Federal Reserve faces a tricky situation. Inflation is rising, and the job market is weakening. This puts the Fed in a tough spot as it prepares to cut interest rates. Inflation went up by 2. 9% in August compared to last year. This is the biggest jump since January. Even without food and energ

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