Inflation and Deflation

PARIS (AP) — New results from looking at the split-second after the Big Bang indicate the universe is 80 million years older than previously thought and provide ancient evidence supporting core concepts about the cosmos — how it began, what...

WASHINGTON (AP) — Tweaking the way the government measures inflation sounds like an obscure method to help reduce budget deficits, but over time it would lead to significantly lower Social Security benefits while increasing taxes, mainly on low- and...

WASHINGTON (AP) — More than 56 million Social Security recipients will see their monthly payments go up by 1.7 percent next year. The increase, which starts in January, is tied to a measure of inflation released Tuesday. It shows that inflation has...

WASHINGTON (AP) — Medicare is the one health insurance plan that will cover virtually every American at some point in life, and Republican Mitt Romney is proposing the biggest changes since its creation nearly 50 years ago. With important details...

NEW YORK (Reuters) - The yen broke recent trends and jumped against the dollar and the euro on Thursday after a slide in stocks sparked by a drop in Chinese factory activity prompted a rush for the safe-haven Japanese currency. China's factory activity...

NEW YORK (Reuters) - Stocks pared their losses on Thursday, with the Dow turning positive on strength in Hewlett-Packard Co and Boeing Co HP soared 14.1 percent to $24.22 a day after raising its profit outlook, while Boeing gained 1.9 percent to $99.82....

JERUSALEM (Reuters) - The Bank of Israel could lower short-term interest rates for the second time this month next week to further weaken the shekel and support exports, although it's a close call, according to a Reuters poll. Of 13 economists surveyed,...

By Marc Jones LONDON, May 23 (Reuters) - Federal Reserve policymaker James Bullard said on Thursday that while the U.S. economy was improving, he would like to be sure inflation was heading back towards target before the bank started winding down its...

* GDP growth seen slowing to 6.5 pct in 2012/13 from 8.5 pct * Inflation seen steady in single digits * Huge public spending crowding out the private sector * Reforms needed to lure more foreign investment By Richard Lough ADDIS ABABA, May 23...

* Praet says ECB could expand its instruments * Noyer: ECB mulls measures to ease financial fragmentation * Nowotny says ECB support still needed * Bernanke says Fed could start tapering off bond buys By Leigh Thomas and Jason Lange PARIS/WASHINGTON,...

PARIS/WASHINGTON (Reuters) - The European Central Bank is looking into expanding its range of policy tools, while the U.S. central bank is mulling scaling back its support measures, highlighting the contrasting fortunes between the world's two biggest...

LONDON (Reuters) - A senior central banker sought to give reassurance on Thursday that the Fed is in no hurry to start winding down its economic stimulus after comments by chairman Ben Bernanke sent stock markets tumbling. James Bullard, president of the...