Author: Medora Lee, USA TODAY

With inflation at a 40-year high, social security could see a 10.5% cost-of-living adjustment in 2023, but even that may not bring much relief.

With inflation at a 40-year high, social security could see a 10.5% cost-of-living adjustment in 2023, but even that may not bring much relief.

Consumer prices accelerated 9.1% in June. This could mean a giant rate hike ahead and trouble for the economy, stocks and bonds, and consumer debt.

San Francisco started college funds for kindergarteners in 2011 to give kids a goal. Now, cities nationwide have followed, with Atlanta as the latest.

Short-term debt yields rose above ones on longer-term notes before each recession since 1955. That’s why this week’s yield curve inversion’s worrying.

Crypto users remain optimistic despite the recent price plunge, according to a Morning Consult survey. They still like the future of digital assets.

Consumers should get used to paying higher prices. If inflation eases, that just means prices aren’t rising as fast but they’re still rising.

Soaring inflation is painful for everyone, but more so for Blacks and Hispanics, who tend to spend more in high inflation categories, a study says.

Employers and employees will have to see how policies shake out after the Supreme Court overturned Roe v. Wade. But this is what we know so far.