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News
America In Focus: Inflation cools in July, but so do consumers with their spending
5+ hour, 37+ min ago (866+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...
Inflation slows but prices remain elevated as Iran war and spending on AI push up prices
3+ day, 5+ hour ago (877+ words) Consumer prices increased 3.4% in July from a year ago, down slightly from 3.5% in June, the Labor Department said Wednesday. Inflation had fallen to 2.4% before the Iran war. On a monthly basis, prices rose just 0.1% from June to July. The mild…...
Mortgage rates rise for 5th straight week, hitting levels not seen since 2025 for 2nd week in a row
1+ week, 2+ day ago (254+ words) The benchmark 30-year fixed rate mortgage rate rose to 6.69%, mortgage buyer Freddie Mac said Thursday, up slightly from 6.66% reported last week. By comparison, the average rate was 6.63% at this time last year — and hadn't been higher than its current level…...
Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants
2+ week, 2+ day ago (805+ words) It’s been a choppy year for restaurants that lean into lettuce. Lettuce prices rose sharply in the first half of 2026 due to hot weather in Arizona, where about one-third of America’s lettuce is grown. Now, restaurants are dealing with the…...
Do bonds appreciate over time?
2+ week, 4+ day ago (370+ words) Jacksonville Journal-Courier A reader asked about the capital appreciation potential of bonds: Itâs sometimes said that bonds are a better investment than cash because bonds have the potential for underlying capital appreciation in addition to their regular yields But…...
America In Focus: New tariffs, soaring gas, mortgages and a down week for Wall Street
3+ week, 8+ hour ago (793+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...
The 'rockets and feathers' effect: Inflation eases but grocery bills do not
3+ week, 12+ hour ago (804+ words) Economics has a term for what U.S. grocery prices have done in recent years: rockets and feathers. Rockets, because the cost of food eaten at home zoomed up in the aftermath of the pandemic. Feathers, because once prices rise, they’re slow…...
Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years
3+ week, 12+ hour ago (1044+ words) Jacksonville Journal-Courier Whatâs for dinner?...
Russia's central bank gingerly cuts rates, caught between business complaints and inflation
3+ week, 1+ day ago (252+ words) The quarter-point cut to 14% shows the bank slowing its pace of rate cuts from a peak of 21% last year. The bank had been cutting by at least a half-percentage point until a quarter-point cut on June 19. The slowing pace of…...
Falling gas prices likely cut inflation last month but renewal of Iran war could undo progress
1+ mon, 1+ day ago (315+ words) Jacksonville Journal-Courier The government's latest inflation report, to be released Tuesday, is forecast to show that consumer prices dropped 0.2% in June, according to a survey of economists by data provider FactSet It would be the first monthly decline in nearly…...