Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Stephen Miran, who joined the central bank last week, said he believed rates should be around 2.5 percent, or about two percentage points lower than they now are. By Colby Smith President Trump wants ...

OTTAWA, Sept 17 (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to ...

The Bank of Canada cut its policy rate by 25 basis points on Wednesday to 2.5 per cent, citing a weaker Canadian economy and less upside risk to inflation as reasons for its first rate reduction since ...

Social Security beneficiaries could see a 2.7% cost-of-living adjustment (COLA) in 2026, which is slightly above the 2.5% increase U.S. retirees received in 2025. That's according to an estimate from ...

More than 74.5 million people receive Social Security benefits, according to the Social Security Administration (SSA). Many of them rely on Social Security for their financial well-being. For some ...

A significant earthquake, initially measured at 5.2 on the Richter scale, occurred shortly before 12:30 a.m., causing widespread alarm in Evia and Attica. The Geodynamics Institute pinpointed the ...

We won't know how much of a COLA jolt retirees and others receiving Social Security benefits might see next year until the official number is released in October. The highest COLA increase for Social ...