Inflation
Shrinkflation vs. Skimpflation: The Difference, in One Candy Fight
One word means you get less. The other means you get worse. A candy heir's public fight with Hershey just made the difference impossible to miss.
Why Gas Prices Can Differ by $1 Between Stations a Block Apart
Taxes, refinery geography, wholesale contracts and thin margins all stack up before a gallon of gas reaches the pump, which is why identical-looking stations a block apart can charge wildly different prices.
Fed Holds Rates but Its Dot Plot Flips Toward a 2026 Hike
The Federal Reserve kept rates steady in Kevin Warsh's first meeting as chair, but its new projections show the median policymaker now expecting a 2026 hike rather than a cut.
Inflation Hit 4.2% in May, Lifting the 2027 Social Security Raise
May's Consumer Price Index rose 4.2% from a year earlier, the most since 2023. A gasoline surge drove it, and the squeeze lands first on fixed incomes.