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Is Inflation Really 1.6%, or Is the BLS Getting Scammed?

Government measures show that inflation, at 1.6% in January, is still below the Fed's target of 2%. But commodity prices are soaring, and anyone who pays their household bills knows that food and energy prices are rising because of it. Is the Consumer Price Index getting it wrong?

New Hidden Fees on Credit Cards

A new report by the Center for Responsible Lending shows that issuers have created or expanded at least eight hidden charges to replace the income they anticipate losing because of newly enacted laws and Federal Reserve rules intended to stop credit card abuses.