When Americans found themselves flush with stimulus funds in 2021, they were more than happy to go out and spend that money.

The Federal Reserve raised interest rates 11 times in 2022 and 2023 in response to rampant inflation. That drove up the cost of borrowing across the board, and consumers are still paying the price ...

The past few years have been wrought with rampant inflation, and many Americans are having a hard time paying their bills. In a February CBS News and YouGov poll, 77% of Americans said their ...

There’s a reason Social Security recipients have gotten to enjoy larger cost-of-living adjustments (COLAs) in recent years.

Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, despite ...

A pause in tariffs is seen as giving some relief, as inflation expectations hit their highest level in decades The numbers: The second of two readings of the consumer sentiment survey improved to ...

Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, despite banks and businesses warning the economy was headed for a slowdown.