Inside the Consumer Price Index: June 2026

Published on July 14, 2026

Inflation affects everything from grocery bills to rent, making the Consumer Price Index (CPI) one of the most closely watched economic indicators. The Bureau of Labor Statistics (BLS) tracks this by categorizing spending into eight categories, each weighted by its relative importance.

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Goldman Beats Stock-Trading Records With $7.42 Billion Boon

July 14, 2026
Goldman Sachs Group Inc. trounced its own Wall Street stock-trading records, posting $7.42 billion for a quarter that saw indexes rip higher and ongoing market volatility around artificial intelligence and war in the Middle East.

Fact-Checking the Social Security Commissioner’s Email

July 14, 2026
A deduction is not a refund. It reduces taxable income, and what it saves you depends on your tax bracket. For a retiree in the 12% bracket, a $6,000 deduction is worth about $720 in tax savings. For someone whose income is low enough to owe no federal tax, it’s worth nothing.