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Fed will have “work to do” if inflation doesn’t fade, Warsh says in Jackson Hole speech

Federal Reserve Chairman Kevin Warsh reaffirmed the central bank’s commitment to lowering consumer prices, acknowledging that inflation remains too high in a highly anticipated speech in Jackson Hole, Wyoming. During remarks at the Fed’s annual conference, Warsh said that recent government data shows inflation has cooled, but “they do not tell me that underlying trends…

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Recipe: Amish Peanut Butter Pie

Lovina’s Kitchen Co. Five years ago, Lovina Hershberger Zook left the Amish faith. Today she is an unlikely social media influencer, sharing stories and recipes of the Amish with her more than six million followers on TikTok, YouTube, Instagram, Facebook and X/Twitter. Her self-published “Lovina’s Amish Cookbook” (Lovina’s Kitchen Co.) contains more than 230 authentic…

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Social Security 2027 COLA estimate is shrinking as inflation cools. Here’s what to know.

With U.S. inflation easing for two consecutive months, older Americans and other Social Security recipients may see a smaller cost-of-living adjustment for 2027 than was forecast earlier this year, according to two new estimates published Wednesday. The 2027 COLA is now projected at 3.6%, based on the July Consumer Price Index figures released on Wednesday,…

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