Wage growth in the United States has lagged behind inflation for most of President Biden's term in office, with average hourly pay today below what it was in January 2021. However, in the last year ...

Two years ago, inflation, as measured by the Consumer Price Index (CPI), topped out at a roughly 40-year high of 9 percent on a year-over-year basis. The speed and magnitude of the surge in consumer ...

2022 has been a year where inflation has seriously eaten into or even totally diminished any salary increases workers might have received. For people in some countries, this scenario has actually been ...

In recent weeks, Treasury Secretary Janet Yellen and Sen. Tim Scott offered seemingly contradictory claims when discussing the impact of inflation on the typical American’s wages and income. During ...