TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

STATE OF BUSINESS: Higher Cost of Living

The cost-of-living index reached a record 185.4 on May 15, a 9.5% rise in a year, the Bureau of Labor Statistics reported last week. Food costs climbed the most, moving up 12% since war began in Korea, but BLS thinks they dropped a bit in the last half of May.

...

Time.com on Digg

POWERED BY digg

Quotes of the Day »

DAVID CAMERON, British Prime Minister, on England's soccer manager, Fabio Capello, who resigned after challenging the FA's decision to strip John Terry of the captaincy; Terry denies a charge of racially abusing QPR's Anton Ferdinand
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.