A delayed inflation report on Friday is expected to deliver sobering data about the direction of U.S. prices, with economists forecasting that the Consumer Price Index in September rose at its fastest pace in 16 months. CPI last month is projected to have risen 3.1% on an annual basis, which would be the highest since…
WASHINGTON (AP) — The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries. Originally scheduled for Wednesday, the 2024 Social Security COLA announcement will now be Oct. 24. It is timed to the September Consumer Price Index, which also has not yet been released….
Hong Kong franchised bus operator Citybus has raised salaries for its frontline staff by 2.5 per cent, matching the pay increase offered to all employees by rival KMB. Citybus, the second largest franchised bus operator in Hong Kong after KMB, said the firm considered factors, such as labour market trends, in adjusting wages and was…