More Americans buying groceries on credit – CBS News Watch CBS News More Americans are resorting to buying groceries on credit, according to research by the think tank Urban Institute. Washington Post personal finance columnist Michelle Singletary joins “The Takeout” to discuss what’s behind the trend. Source link
CBS News is tracking the rising cost of products, including those most likely to be impacted by tariffs imposed earlier this year and new ones announced by President Trump on August 1, from the cost of common grocery items to the price of owning a vehicle. Economists and other experts say consumers can expect to see higher … Read more
NEWYou can now listen to Fox News articles! The fuel most Americans never think about could become the Iran conflict’s biggest economic consequence, driving up the cost of transporting nearly everything Americans buy. Diesel powers the nation’s trucks, farms and freight network, making it one of the economy’s most important, yet overlooked, drivers of inflation. … Read more
Food prices could rise more amid the Iran war. Here’s how to cut costs on groceries. – CBS News Watch CBS News Food prices have jumped nearly 20% since 2022 and as the Iran war continues, they could rise even more. Kelly O’Grady explains how you can cut costs and stay on budget. Source link
A week ago, President Donald Trump stood before Congress and made the case that his economic agenda was working. The stock market was up, gas prices were down, inflation was slowing and mortgage rates were dropping. Less than four days later, he began bombing Iran and threw those gains into jeopardy. Aside from the human … Read more