Where it stands: The Labor Department's Consumer Price Index report for August on Thursday showed that inflation accelerated for the fourth consecutive month, as tariffs weighed on prices.
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The Social Security cost of living adjustment for next year is trending toward 2.8%, slightly higher than in 2025.

The dollar suffered its deepest one-day drop since last year’s tariff rollout after Trump said on Tuesday he didn’t think the currency had weakened...

Many stocks made bullish moves, but huge earnings, Fed loom.

The message was apparently sent in error hours before workers were expecting thousands of job cuts to be announced.