Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.

David Lavie is a writer and editor with two decades' experience in marketing communications, equity research and publishing. He is a founding partner in Quartet Communications, where, as Head of ...

Financially speaking, we keep asking more of retirees. First, we ask folks who have saved for a lifetime to live on less while banks and indebted consumers use low interest rates to heal. Then we ask ...

The Social Security Administration looks at year-over-year changes to the CPI-W. It does this specifically for data from the third quarter of the year (the months of July, August, and September). The ...

Social Security's annual COLA calculations are under scrutiny from advocacy groups, with some calling for different metrics ...

President Obama's controversial budget proposal uses a formula called "chained CPI." Here's what you need to know about how it's calculated, and how it may affect you. And you thought the term ...