Costs

How to keep AC costs low this summer

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Keeping air conditioning costs low doesn’t necessarily require a major renovation or expensive HVAC replacement. Oscar Martin Grande/Getty Images As temperatures climb across much of the country, so do household utility bills. For many households, cooling costs account for a significant portion of their summer energy spending, and with electricity prices increasing in many parts … Read more

Trump voters say costs are crushing their wallets — but look past president for blame

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NEWYou can now listen to Fox News articles! Supporters attending President Donald Trump’s rally on the National Mall acknowledged feeling the pinch from higher gas prices, but they largely declined to blame Trump — instead pointing to the Iran conflict and lingering frustration with inflation under former President Joe Biden. “My least favorite president ran … Read more

Apple hikes Mac and iPad prices amid soaring chip costs. See the new pricing.

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Apple on Thursday said it is raising prices on MacBooks and iPads, blaming AI-driven demand for memory and storage that has sharply increased component costs. “We have never seen a component price increase this much, this quickly,” the company said in a statement shared with CBS News. “We have shielded our customers from these increases … Read more

Democrats to propose bill capping out-of-pocket Medicare costs for enrollees

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Sen. Ron Wyden and 14 Democratic co-sponsors plan to introduce legislation today to cap consumers’ potential out-of-pocket costs in traditional Medicare, resurfacing a long-running debate over why the program doesn’t limit beneficiary spending. Even the bill’s backers say securing passage this year is a long shot. But the effort is one more opportunity for Democrats … Read more

Dozens of states could face new costs because of high error rates in SNAP food aid

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Several dozen states could have to fork over millions of dollars to provide food aid to lower-income residents, if they don’t cut down on payment errors in the Supplemental Nutrition Assistance Program. Nine states, meanwhile, won’t have to pay a penny toward SNAP benefits, because their error rates are so low that they won an … Read more

House passes sweeping bill to lower housing costs, sending it to Trump’s desk

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WASHINGTON — The House passed a major housing affordability bill Tuesday aimed at boosting the supply of homes and cracking down on large investors’ buying up houses. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The bill passed 358-32 one day after it cleared the Senate by a … Read more

Senate passes bill to lower housing costs and restrict Wall Street from buying homes

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WASHINGTON — The Senate voted overwhelmingly Monday to pass a sweeping housing affordability bill aimed at lowering costs, putting Congress on the brink of a rare bipartisan victory in President Donald Trump’s second term. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The vote was 85-5. Several senators … Read more

Cheaper borrowing costs are out of reach for now. Trump’s new Fed chair wants that to change

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Anyone hoping for cheaper financing in the few months may find themselves waiting. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. But how long the wait may last is now an open question. Yesterday, members of the Federal Reserve’s rate-setting committee indicated they expect elevated inflation to persist … Read more