consumer prices

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5 Metro Areas Hit Hardest by Inflation

New York and San Francisco aren't among them

(Newser) - Unless you're buying booze in Miami or clothes in Baltimore, the price of everything has gone up since the pandemic, often by startling amounts. But the impact of inflation has been very uneven, with some areas seeing consumer prices rise well above the 22% average rise between January 2020...

Farm Bureau Calculates Cost of 2024 July Fourth Cookout

This year, it's a record-high $71.22

(Newser) - The American Farm Bureau is out with its annual cost calculation of a Fourth of July cookout, and the 2024 figure is the highest one yet. The AFB looks at how much it would cost to feed a gathering of 10 people with the following: cheeseburgers, chicken breasts, pork chops,...

Inflation Finally Moved in the Right Direction in April

Year-over-year inflation ticked down to 3.4%

(Newser) - Consumer inflation in the US cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve but not bringing things to a level that would indicate a rate cut is nigh, reports the AP . Prices rose 0.3% from March...

Inflation Did Not Cooperate Last Month

Consumer prices ticked up as Biden administration hopes they ease

(Newser) - Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Biden's reelection campaign, both of which are counting on a steady easing of price pressures this year.
  • Slight increase: Prices rose 0.4% from
...

Gas Prices Drive Latest Inflation Increase

Labor Dept.'s new report is a mixed bag, with signs of continued cooling in consumer prices

(Newser) - A spike in gas prices pushed up inflation in August, yet most other costs rose at a more modest pace, evidence that consumer price increases overall are still cooling. In a set of conflicting data on Wednesday, the Labor Department said the consumer price index rose 3.7% in August...

Wall Street Likes Latest News on Consumer Prices

4.9% inflation was a tad less than expected

(Newser) - Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come—but the annual increase came in a hair under what was expected, cheering investors. The major points:
  • Prices rose 0.4% from March
...

Egg Producers' 'Egregious Profits' Raising Some Eyebrows

Farm Action wants Cal-Maine investigated over possible price gouging

(Newser) - A US senator has joined farmers in calling for an investigation to crack the problem of soaring egg prices . Government data shows the national average retail price for a dozen eggs reached $4.25 in December, for a 138% increase from the $1.79 average a year earlier, though the...

Watchdog Accuses Major Retailers of Price Gouging

With corporate profits at 50-year highs, consumer protection advocates are crying foul

(Newser) - In a new report, nonpartisan watchdog Accountable.US cries foul over massive profit increases by America’s top 10 retailers. Here is how CBS MoneyWatch sums up the group's report : “Instead of keeping prices stable for struggling families, corporations have overcharged Americans and prioritized profit.” Overall, the...

One Common Brand Bucks Inflation Trend

As 'LA Times' reports, AriZona Iced Tea has been 99 cents for 30 years and isn't changing

(Newser) - Nobody needs a headline to know prices are up. It’s obvious with pretty much everything involving price tags and supply chains, including the ready-to-drink iced tea market. While prices for other major products in the beverage aisle are up across the board, per the Los Angeles Times, there remains...

Latest Report Confirms Inflation Is Still Really Bad

Consumer prices jumped 7.5% last month compared with 12 months earlier

(Newser) - Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises, and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy. The Labor Department said Thursday that consumer prices jumped 7.5% last month compared...

Building That Billy Bookcase Is About to Get More Costly

Ikea announces it's raising prices an average of 9% globally amid supply chain issues

(Newser) - We'll be opening our wallets a little wider for the privilege of building our own furniture in 2022. Swedish retail giant Ikea has announced it's raising its prices next year, at an average of 9% worldwide, to contend with rising transportation and raw materials costs that Ingka Group,...

What July's Inflation Numbers Suggest Is Coming

Consumer prices are up, but at the slowest pace since February

(Newser) - Prices for US consumers rose last month, but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation's households. The key numbers from Wednesday's report from the Labor Department,...

Prices Rising at Fastest Clip in 13 Years

Consumer prices in June up 5.4% over previous year

(Newser) - Prices for US consumers jumped in June by the most in 13 years, extending a run of higher inflation and fueling concerns that the rapidly rebounding economy is making goods and services increasingly expensive, per the AP . Tuesday's report from the Labor Department showed that consumer prices in June...

We Haven't Seen Inflation Like This Since 2008

Consumer prices are up 4.2% over past 12 months

(Newser) - A worrisome bout of inflation struck the economy in April, with US consumer prices for goods and services surging 0.8%, the largest monthly jump in in more than a decade, and the year-over-year increase reaching its fastest rate since 2008. Over the past 12 months, consumer prices have jumped...

2 Walgreens in Same City Charge Wildly Different Prices

Chain has biggest price differences compared to CVS, Rite Aid: study

(Newser) - Thrifty shoppers, beware. A consumer watchdog group descended on New York, LA, Dallas-Fort Worth, and Orange County, and promptly went shopping, purchasing a list of 25 items from 485 CVS, Walgreens, and Rite Aid locations. What it found: Price differences of as much as 55% for the same product at...

In Price War With Walmart, Target Pulls Ahead

Cuts in food prices give Target biggest lead ever

(Newser) - Watch for falling prices, Walmart—they might hit you. Target had lower prices than its arch-rival this month for the first time since October, research from Bloomberg has concluded. Indeed, Target won out by the largest margin yet seen in the two years Bloomberg has been tracking the numbers. The...

15 Priciest Cities for Tourists

Oslo tops the list while crisis-proof Switzerland lands spots #2 and #3

(Newser) - If you happen to be flush with cash, then this list of the 15 most expensive places to visit on the globe should not limit your vacation plans. Otherwise, steer clear or prepare to splurge. The list, courtesy of US News' Travel site , is compiled from UBS' Prices and Earnings...

America's 40% Overpriced
 America's 40% Overpriced 
OPINION
May 12, 2010 1:56 PM CDT

America's 40% Overpriced

Take in some discount movies, you'll understand

(Newser) - Joe Queenan has figured out the real problem with the US economy: It's overpriced. Queenan came to this revelation after he and his buddies made a habit of going to see movies on Tuesday nights, when they only cost $6 instead of $10.25. At that price, even bombs like...

Shopping Sites Use Your Cookies to Vary Prices


 Shopping Sites Use Your 
 Cookies to Vary Prices 
FINE PRINT DEPT.
Feb 1, 2010 11:15 AM CST

Shopping Sites Use Your Cookies to Vary Prices

Cookies track location, habits to enable 'dynamic pricing'

(Newser) - One of the attractions of online shopping is that items have one price in the digital world. Or we think they do. In fact, stores on the Internet use those cute tracking cookies that remember your password to remember a lot more about you, including your physical location and shopping...

Consumer Prices Take Biggest Dip in 59 Years

(Newser) - Consumer prices have fallen 2.1% over the past year, the biggest year-over-year decline in 59 years, the Labor Department announced today. Though the Consumer Price Index was unchanged from June to July, it was drastically lower than in July 2008, when oil peaked at $147 a barrel and gas...

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