Social Security recipients have not received a raise since 2009. That is set to change in 2012, when Social Security checks will be about 3.5 percent more than the last two years.
After an unprecedented two years of no cost-of-living adjustment, Social Security is poised to boost payments in January, a private group calculates. Social Security COLA will be between 3.5 and 3.7 percent.
Back when the dollar was sound, American families invested in simple – and safe – instruments like savings bonds. Now, thanks to Washington’s inflationary policies, they have to chase higher – and riskier – returns.
The Credit CARD Act will mean higher fees, higher interest rates, and lower bonus points.
Prices have dropped by half in a few months, and could go lower still.
The cost of March spring wheat hit $24 a bushel Monday, double its cost two months ago.