Consumers so far this holiday season have spent roughly the same online as they did at this time last year, despite concerns that higher prices might crimp demand, Adobe Inc. Read more
Tag: Consumer Products
The rise in food prices slowed in October, but some items increased by up to 43%. So what’s going on?
The months-long rise in food prices has finally shown signs of cooling. Inflation hit 7.7% in October compared to a year ago, down from 8.2% in September, the government said Read more
New homeowners and renters are hit hard by October inflation — here’s how they’re cutting back on expenses to beat rising costs
Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more than expected last month. In October, prices rose by 7.7% on the year in the Read more
U.S. inflation shows signs of easing, CPI finds, and might give Fed ammo to go slower
The numbers: The cost of living rose a relatively modest 0.4% in October, suggesting inflationary pressures are waning more rapidly. Economists polled by The Wall Street Journal had forecast a Read more
U.S. inflation shows signs of easing, CPI finds
The numbers: The cost of living rose a relatively modest 0.4% in October, suggesting that inflationary pressures are finally beginning to wane. Economists polled by The Wall Street Journal had Read more
What the midterm elections mean for your taxes, inflation, living standards, and stock portfolio
During the midterm elections, personal finances were on the ballot. In addition to considering what the array of candidates could do to bring relief to high prices, voters considered ballot Read more
‘I’m growing more concerned’: The lawsuit that could derail student-debt relief
A lawsuit filed by a conservative-leaning nonprofit may be poised to block President Joe Biden’s student debt cancellation plan thanks to a move by a federal court in Fort Worth, Read more
Food-aid programs for low-income Americans hang in the balance — with Senate results still too close to call
The midterm election results will have far-reaching effects, including on low-income Americans. The reauthorization of the Farm Bill in 2023 may depend on the results of Tuesday’s elections, said Elaine Read more
Curaleaf earnings show legal U.S. weed sales flattening out as prices decline
U.S. cannabis producer Curaleaf Holdings Inc. on Monday reported a bigger loss than expected during its third quarter, amid what it said were “unexpected revenue impacts” in Florida and New Read more
‘Turkey is non-negotiable’: Americans refuse to skip Thanksgiving turkey in favor of cheaper alternatives, despite soaring food prices
Americans are clipping their wings, but not cutting them out of Thanksgiving. Half of those planning to host Thanksgiving dinner on Nov. 24 have already purchased their turkey, according to Read more