inflation

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In This Economy, Thrift Stores Are Thriving

Goodwill's banger year reflects inflation pressures and sustainability-minded shoppers

(Newser) - Shoppers hunting for bargains are turning Goodwill into an unexpected economic barometer. Goodwill Industries, the country's biggest thrift chain, says revenue from its 3,400 stores hit a record $7 billion in 2025, about 7% higher than the year before. The nonprofit's CEO, Steven Preston, says store traffic...

Americans Bear Nearly the Full Cost of Tariffs
Americans Bear Nearly
the Full Cost of Tariffs
new study
Jan 19, 2026 10:41 AM CST

Americans Bear Nearly the Full Cost of Tariffs

Study out of Germany estimates that 96% of the costs are being paid by those in the US

(Newser) - A new study of President Trump's tariffs will not please the president: The research finds that Americans are footing nearly the entire cost of them, reports the Wall Street Journal . Specifically, the study from the Kiel Institute for the World Economy in Germany finds that US consumers and importers...

Trump Blasts Fed in Speech on Economy

He claims that 'grocery prices are starting to go rapidly down'

(Newser) - President Trump was in Michigan Tuesday to promote his efforts to boost US manufacturing, as he tries to counter fears about a weakening job market and worries that still-rising prices are hurting Americans' pocketbooks. The day trip included a tour of a Ford factory in Dearborn that makes the best-selling...

Inflation Holds Steady in December
Inflation Doesn't
Budge in December
Jan 13, 2026 9:01 AM CST

Inflation Doesn't Budge in December

It was at 2.7% on the year, with gas prices and used car prices down

(Newser) - Inflation held steady last month as prices for gas and used cars fell, a sign that cost pressures may be slowly easing, per the AP .
  • Consumer prices rose 0.3% in December from the prior month, the Labor Department said Tuesday, the same as in November. Excluding the volatile food
...

Khamenei Scoffs at Trump Threats: Mind Your Own Nation

Unrest over economic crisis grows, with supreme leader dismissing protesters as 'vandals'

(Newser) - Iran's top leader is signaling defiance as street unrest grows and pressure from Washington intensifies. Speaking Friday in the holy city of Qom, Supreme Leader Ayatollah Ali Khamenei vowed that his nation wouldn't give ground to a wave of demonstrations or to President Trump's warnings about possible...

As Economic Protests Spread, Iran Offers $7 Monthly Stipend

Cash offerings will replace import subsidies amid inflation, nationwide unrest

(Newser) - Iran's government is betting that the equivalent of about $7 a month will help tamp down on unrest now spilling across much of the country. Facing mounting demonstrations over soaring prices and a collapsing currency, officials say they'll scrap a $10 billion import subsidy program and redirect the...

Iran's Plunging Currency Sparks Widespread Protests

Demonstrators decry inflation as government reshuffles central bank leadership

(Newser) - Iran's plunging currency has now sparked three straight days of protests that are rippling far beyond Tehran , the BBC reports. The unrest began Sunday, when merchants in the capital's Grand Bazaar shuttered their shops after the rial hit a record low against the US dollar on the open...

Port-a-Potty Giant Files for $2.4B Bankruptcy

United Site Services' restructuring would shift ownership to lenders via Chapter 11

(Newser) - A heavyweight in the portable-toilet business is looking to get rid of a very large load of debt. United Site Services, which says it's the biggest provider of portable sanitation systems in the US, filed for Chapter 11 protection in New Jersey on Monday, with a plan to erase...

Inflation Cools Off Unexpectedly
Inflation Cools Off
Unexpectedly
Dec 18, 2025 8:04 AM CST

Inflation Cools Off Unexpectedly

Prices rose at 2.7% annual pace, below expectations

(Newser) - Inflation slowed more than expected in November, and the markets seem pretty happy about it. The key numbers:
  • Main number: Consumer prices rose at a 2.7% annualized rate in November, down from 3% in September. Economists polled by the Wall Street Journal expected the figure to tick up to
...

General Mills' Earnings Sound Warning on the Economy

Consumer shift to cheaper store brands underscores widening economic strain

(Newser) - General Mills just delivered an earnings report that doubles as a caution flag for the broader US economy, reports Quartz . The food giant behind Cheerios and Nature Valley said organic net sales slipped 1% in its latest quarter, while adjusted operating profit tumbled 20% across its key North American unit....

Trump Announces Primetime Address to Nation

Leavitt says president will be talking about his 'historic accomplishments' Wednesday night

(Newser) - Viewers will be getting another Oval Office moment from President Trump on Wednesday night. The president says he'll deliver a televised address to the nation from the White House at 9pm Eastern. In a Truth Social post, he said: "I will be giving an ADDRESS TO THE NATION...

Poll: It's Not a Very Merry Season for Consumers

Many Americans are struggling to afford gifts

(Newser) - This holiday season isn't quite so merry for American shoppers as many are dipping into savings, scouring for bargains, and feeling like the overall economy is stuck in a rut under President Trump, a new AP -NORC poll finds. The vast majority of US adults say they've noticed...

White House Press Briefing Gets Heated

CNN's Kaitlan Collins presses Karoline Leavitt on inflation, economy claims

(Newser) - A question about Christmas toys set off the latest skirmish between the Trump White House and CNN's Kaitlan Collins. During Thursday's briefing, press secretary Karoline Leavitt was pressed on why President Trump recently told parents to buy fewer toys for their children if, as he claims, the economy...

Amid Data Blackout, Fed Is Set to Cut Rates Again

It will be the third rate cut this year, carried out during a slowing job market

(Newser) - The Federal Reserve is widely expected to cut interest rates on Wednesday for the third time in 2025, with market watchers predicting a modest reduction of 0.25%, reports NBC News . The AP notes that such a move would bring the Fed's key rate down to about 3.6%,...

Trump Begins Campaign to Turn 'Affordability' Narrative

President travels to Pennsylvania to speak on the economy

(Newser) - President Trump on Tuesday embarks on a campaign to try to recapture the narrative that might well decide the 2026 midterms: affordability. Trump will head to Pennsylvania, where he will speak at the Mount Airy Casino Resort in Mount Pocono, a working-class town in a swing House district, reports USA ...

More Americans Joining the Millionaire Club

401(k)s and the stock market are minting them fast

(Newser) - This year's robust stock market has allowed more Americans to add a welcome adjective to their personal bio: millionaire. As 2025 winds down, a record 654,000 Fidelity clients now belong to the "401(k) millionaire" club, with similar upticks logged by Alight and T. Rowe Price, reports the...

Car Buyers Finally Push Back Against Soaring Prices
Car Buyers Finally Push Back
Against Soaring Prices
in case you missed it
Dec 6, 2025 3:19 PM CST

Car Buyers Finally Push Back Against Soaring Prices

Sales continue to slow with average new-vehicle price around $50K

(Newser) - The Wall Street Journal detects a shift in the car market: After years of shrugging off rising sticker prices, American car buyers are finally pushing back. With the average price of a new vehicle nearing $50,000, more consumers are balking, opting for smaller vehicles, buying used, or demanding deeper...

Trump: Cost of Living Concerns Are 'Fake'

President downplays concerns, claims inflation rate is 'very good'

(Newser) - President Trump dismissed concerns about the cost of living on Tuesday, calling the affordability issue a "con job." "They just say the word. It doesn't mean anything to anybody. They just say it—affordability," Trump said, per the New York Times , accusing Democrats of inventing...

Consumer Confidence Wasn't Very Confident in November

Americans grow wary of high costs and sluggish job gains

(Newser) - US consumers were much less confident in the economy in November in the aftermath of the government shutdown, weak hiring, and stubborn inflation, reports the AP . The Conference Board said Tuesday that its consumer confidence index dropped to 88.7 in November from an upwardly revised October reading of 95....

He Called Dot-Com Bubble Bust, Says AI Boom Will 'End in Tears'

Veteran strategist Albert Edwards says wealthy investors, Fed policy are amplifying the risk

(Newser) - Societe Generale strategist Albert Edwards, known for his gloomy market outlooks and for predicting the dot-com bust, is raising fresh alarms about the current AI-driven stock boom. Edwards, who openly embraces his reputation as a "perma bear," believes the US equity market is in a bubble that could...

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