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As inflation moderates, so does Social Security's cost-of-living adjustment

Sep 14, 2023
The 2024 cost-of-living adjustment comes out to 3.2%, a pretty modest amount compared to past years.
The annual cost-of-living adjustment, or COLA, is automatic and meant to stabilize the purchasing power of Social Security benefits.
Kameleon007/Getty Images

Crisis at Christmas: Strikes disrupt the U.K. during the festive season

Dec 29, 2022
During a wave of industrial unrest, triggered by the cost of living crisis, striking workers voice their discontent from the picket line.
Workers strike outside a mail-sorting office not far from London. The now-privatized Royal Mail service says it can't afford an inflation-matching pay hike.
Mimisse Beard

Social Security recipients to get their biggest cost-of-living raise in over 40 years

Oct 10, 2022
The adjustment is likely to be announced this week and expected to be around 9%. It's welcome news for recipients struggling with inflation.
Kevin Dietsch/Getty Images