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63% of workers unable to pay a $500 emergency expense, survey finds. How employers may help change that
High inflation continues to add financial stress to workers’ budgets. Experts say new benefits to provide emergency savings plans may help.
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HUD releases new aid for low-income families to keep up with rising rents
The Department of Housing and Urban Development said that fair market rents for fiscal year 2024 will rise about 12 % nationwide and that the department has increased funding for housing choice vouchers.
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Global inflation pressures could become harder to manage in coming years, research suggests
Rising trade barriers. Aging populations. A transition from carbon-spewing fossil fuels to renewable energy. The prevalence of such trends across the world could intensify global inflation pressures.
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Pork belly prices are up 100% this year — your breakfast bacon is about to get pricier
Bacon is about to get even more expensive as wholesale pork belly prices approach record highs on the back.
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Biden touts economic turnaround as he marks 1-year anniversary of the Inflation Reduction Act
The White House is on a sprint to connect what they say is a popular economic agenda with an unpopular incumbent president, as polls show a majority of voters consistently disapprove of Biden’s handling of the economy even amid signs of a U.S. economic upswing.
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Here's what's getting cheaper at the grocery store as inflation eases
Inflation in the United States edged up in July after 12 straight months of declines. But excluding volatile food and energy costs, so-called core inflation matched the smallest monthly rise in nearly two years. Here’s what’s getting cheaper
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How interest rates impact your money — from savings to mortgages
Interest rates may seem abstract, but they affect everyone. CNBC Make It examines the role they play in your finances.
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U.S. gas prices hit 8-month high, national average climbs to $3.71 per gallon
The national average price for gas continues to spike amid rising oil prices, reaching its highest mark since last November.
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Instant Pot sales plunge post-pandemic forcing maker to file for bankruptcy
The maker of Pyrex glassware and Instant Pot has filed for Chapter 11 bankruptcy protection as the company that was already struggling is stung by inflation with Americans pulling back on spending.
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Inflation rose at a 4% annual rate in May, the lowest in 2 years
The consumer price index was expected to rise 0.1% in May, according to the Dow Jones consensus estimate.
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Grains, Vegetables, Dairy Prices Fall on World Market, Yet Remain High at the Grocery Store
Around the world, food prices have dropped but they are persistently, painfully high in grocery stores.
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What's Weighing on the Minds of LA County Residents? UCLA Survey Says…
What’s keeping LA County residents up at night? The latest UCLA quality of life index points to some possible answers.
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Big Mac Prices Are Up: Here's How Much You'll Pay for McDonald's Signature Sandwich State by State
A recent study shows that price of the fast food chain’s flagship Big Mac sandwich is reaching new all-time highs.
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US Inflation Eases But Stays High, Putting Fed in Tough Spot Amid Banking Turmoil
U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system.
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US Inflation Slows to 6.4%, But Price Pressures Re-Emerge
The pace of consumer price increases eased again in January, the latest sign that the high inflation that has gripped Americans for two years is slowing.
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Super Bowl Party Food Staples Will Cost Less This Year, Despite Inflation. Here's What to Know
Even with rising food costs, your Super Bowl party might cost less than you think because of favorites like chicken wings, ground beef and avocados dropping in price.
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Soaring Egg Prices Spark Social Media Jokes: ‘We Painting Potatoes for Easter!'
People are scrambling to social media to find humor in an eggspensive predicament.
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School Lunch, Eggs and Airfare: Why Inflation Soared for 10 Items in 2022
Expiring federal aid, a deadly outbreak of bird flu and war in Ukraine combined to send inflation skyrocketing for a handful of consumer items.
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Biden Celebrates Easing Inflation, Acknowledges ‘More Work to Do'
President Joe Biden spoke Thursday to celebrate the easing inflation rates after the Consumer Price Index showed a dip to 6.5%.
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Consumer Prices Fell 0.1% in December as US Inflation Declined for a Sixth Month
Rising consumer prices in the United States moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it.