Magazine content is available exclusively for TIME subscribers.THE ECONOMY: Inflation, Creeping
Perhaps because it came the week after the income-tax deadline and in the still-blazing afterglow of the Humphrey flap over federal spending, the Federal Government's latest report on another rise in the cost of living curled the hair of many a U.S. businessman and wage earner last week.
Highlights of the report, released by the Bureau of Labor Statistics: between mid-February and mid-March the U.S. consumer price index (1947-49 = 100).jumped 0.2% over the previous period, to an all-time high of 118.9. The increase, seventh consecutive one in as many months, brought living costs 3.7% over what they were a...
Email, Password or Region is incorrect
A required form parameter was missing.
The System is currently down. Please try again in a few minutes.
Email Address is invalid
Password is blank
Most Popular »
- JC Penney and Ellen, Lowe's and All-American Muslim: A Tale of Two Bigotries
- Four Ways the U.S. Could End Up at War with Iran Before the Election*
- The Art of Nazi Hunting: How Israel's Mossad Found Adolf Eichmann
- Top 10 Celebrity Restaurants
- Study: Zapping the Brain Boosts Memory
- College Endowments: Why Even Harvard Isn't As Rich As You Think
- Bradying: The Poor Man's Tebowing
- Pentagon Rules 'Shift' on Women in Combat
- Twimmolation Alert: Roland Martin Gets His Ascot in Hot Water at CNN
- House Pulls the Plug. Too Soon or Too Late?
- The Upside Of Being An Introvert (And Why Extroverts Are Overrated)
- The Brain: How The Brain Rewires Itself
- Egypt's NGO Crisis: How Will U.S. Aid Play in the Controversy?
- Why Is Your Boss Moving to Brazil?
- Friends With Benefits
- Seoul Searching
- New York City: 10 Things to Do
- Pentagon Rules 'Shift' on Women in Combat
- Haiti Papers Over the Past: The Rebranding of 'Baby Doc' Duvalier
- In Singapore, Finding Peace Among the Pain of Thaipusam
More News from Our Partners
Top Stories on TIME.com
Quotes of the Day »
