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Latest Headlines in Economy

Inflation slowdown remains bumpy, September consumer price data shows

The consumer price index climbed 3.7 percent from a year earlier. That matched the August reading, and it was slightly higher than the 3.6 percent that economists had predicted.

Social Security benefits will increase by 3.2% in 2024 as inflation moderates

The cost-of-living adjustment, or COLA, means the average recipient will receive more money every month beginning in January, the Social Security Administration said Thursday.

Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April

On a month-to-month basis, producer prices rose 0.5 percent from August to September, down from 0.7 percent from July to August.

Larry Edelman | Trendlines

Soaring interest rates are Public Enemy No. 1

Steep bond rates are inflicting losses on investors, rekindling concern of a recession, and threatening the federal government’s ability to fund itself.

Larry Edelman | Trendlines

The job market caught fire in September. Will it burn the economy?

Employers added 336,000 jobs last month, the Labor Department said on Friday, blowing past even the rosiest forecasts.


Will $1 billion tax bill make Mass. more competitive? Don’t count on it.

Some tax experts say the reforms will do little to spur companies to invest or expand here, or to stem the exodus of residents seen during the COVID-19 pandemic.

Larry Edelman | Trendlines

Paying the price for a do-little Congress

The stopgap government funding deal to avoid a federal shutdown was an unexpected display of bipartisan sanity. But paralysis in Congress is bad for the economy.

Larry Edelman | Trendlines

A couple of months investors would rather forget

Stocks are way down and bond yields are near a 16-year high. Here’s what’s behind Wall Street’s dour mood.