Category: Cost of living

U.S. Cost‑of‑Living Crisis Deepens as Inflation Surges and Social Security Adjusts

Key developments: A recent Pew Research Center poll shows more than 40% of Americans are struggling to cover basic expenses such as food, medical care, and rent, a situation aggravated by soaring gas and diesel prices tied to…

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Social Security Announces 3.6% Cost‑of‑Living Boost for 2027

Key developments: The Social Security Administration said it will raise the annual cost‑of‑living adjustment (COLA) by 3.6% for retirees and disabled beneficiaries starting in 2027, adding about $75 to the monthly benefit for roughly 72 million Social Security recipients…

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Over 40% of Americans Struggle With Rising Costs as Inflation Hits 3.7% and Social Security Announces 3.6% COLA

Key developments – A Pew Research Center survey released this week finds that 44% of U.S. adults – more than four in ten – say they are having trouble paying for basic necessities such as medical care, rent,…

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U.S. Cost‑of‑Living Pressures Deepen as Food‑Bank Strain, Diesel Prices Surge, and CPI Remains Elevated

Key developments: A recent NBC News survey of the nation’s largest food banks shows that nearly three‑quarters are seeing a sharp rise in demand, with providers like Maine’s Good Shepherd Food Bank reporting a USDA food allotment cut…

Continue reading U.S. Cost‑of‑Living Pressures Deepen as Food‑Bank Strain, Diesel Prices Surge, and CPI Remains Elevated