If the return on an investment does not at least keep up with the rate of inflation, it will result in the loss of purchasing power over the long term. Currently, rates on CDs exceed the Consumer ...

While COLAs are designed to match inflation, the 2026 forecast fails to cover the rising costs of essential expenses like ...

Millionaires put their money where it can earn the most for them. Keeping too much money in a savings account can lower your purchasing power. Be sure to keep emergency savings in a high-yield ...

Consumer confidence has plummeted to its lowest level since January 2021, raising concerns about the potential impact on the economy.

Purchasing power is the value of a currency in real terms—based on the goods and services each unit can be exchanged for. Remember when you could buy two Mcdonald's Big Macs with a $5 bill in 2000?