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News
Trump threatens trade cutoffs if Fed doesn’t lower interest rates
8+ hour, 41+ min ago (23+ words) 23ABC News Bakersfield Trump threatens trade cutoffs if Fed doesn’t lower interest rates...
Early heat waves shrink Kern County pistachio harvests, raising prices for consumers
2+ week, 3+ day ago (244+ words) Hot summers are nothing new to Kern County, but early extreme heat waves this year are taking a serious toll on pistachio crops, shrinking harvests across the region. Fewer blooms on trees can mean a sharper drop in fruit production,…...
Young Americans redefine the American dream as costs rise and priorities shift
2+ week, 4+ day ago (77+ words) RELATED STORY | Average new car price nears $50,000, squeezing middle-class buyers The study also found something shared across generations: Americans increasingly value experiences — like travel and concerts — more than material possessions, reflecting a shift away from status symbols and toward making…...
Inflation cools in July as energy prices fall for the second straight month
3+ week, 3+ day ago (296+ words) The consumer price index showed modest inflation in July after a spike in May driven largely by higher energy costs. The July consumer price index showed prices increased 0.1% for the month. Over the 12-month period ending in July, consumer prices…...
Back 2 School Shopping: How families are stretching their budgets
1+ mon, 1+ week ago (23+ words) 23ABC News Bakersfield Back 2 School Shopping: How families are stretching their budgets...
Warsh faces first big test as Fed chair with markets watching closely
2+ mon, 2+ week ago (789+ words) Ever since Kevin Warsh was nominated by President Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long demanded? On…...
The 'vibe economy' is driving record debt; experts warn a 'vapor economy' could be next
2+ mon, 3+ week ago (460+ words) Americans are spending freely on vacations, nights out, and shopping sprees — even as inflation, high interest rates, and record debt climb higher. Economists have a name for this moment, and a more ominous one for what could come next. They…...
Consumer confidence dented with high gas prices and inflation still elevated
3+ mon, 1+ week ago (14+ words) 23ABC News Bakersfield...
Walmart to use tariff refunds to ease inflation’s strain on shoppers
3+ mon, 1+ week ago (15+ words) 23ABC News Bakersfield...