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News
Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years
18+ hour, 6+ min ago (1829+ words) What’s for dinner? Lately, at Apral Jack’s house, it’s whatever is on sale. Jack scouts an app for deals at her local supermarket before she buys groceries. When she reaches the store, she grabs the weekly circular to look for…...
Inflation is slashing middle-class incomes. Here’s where it’s worst
14+ hour, 12+ min ago (307+ words) (NEXSTAR) – You probably don’t need the data to tell you that money has gotten a little tighter for most people. Wage growth for many middle-class households isn’t keeping up with inflation, especially with the major spikes in home prices during…...
US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
2+ mon, 2+ week ago (763+ words) Hiring beat the 65,000 jobs forecasters had expected, though it decelerated from the 185,000 jobs created in March. The unemployment rate remained at a low 4.3%, the Labor Department reported Friday. The Iran war has caused the biggest disruption of global oil supplies…...
UK inflation rises as prices at the pump spike after Iran war
3+ mon, 3+ day ago (506+ words) The annual consumer price inflation rate increased to a three-month high of 3.3%, from 3% the previous month, according to the Office for National Statistics. The rise was in line with market expectations. The main reason behind the inflation spike was higher…...
Miami Valley businesses dealing with fallout from Iran tensions
3+ mon, 2+ week ago (411+ words) As gas prices continue to remain sky high, businesses across the Miami Valley are dealing with the fallout as tensions ratchet up more in the Middle East due to the war in Iran. The pain is being particularly felt among…...
US stocks slump on worries about higher oil prices, inflation and interest rates
4+ mon, 1+ week ago (753+ words) The S&P 500 fell 1.4% and flipped to a loss for the week so far. The Dow Jones Industrial Average dropped 768 points, or 1.6%, and the Nasdaq composite slid 1.5%. The losses deepened after the Fed decided to keep its main interest rate…...
US stocks stabilize after some heavy turbulence brought on by the war with Iran
4+ mon, 1+ week ago (484+ words) U.S. futures slipped, with the futures for the S&P 500 and Dow Jones Industrial Average down 0.3%. In early European trading, Britain’s FTSE 100 fell 0.7% to 10,235.29. Germany’s DAX lost 1% to 23,345.90, while France’s CAC 40 dropped 1.2% to 7,887.18. In Asian trading, Tokyo’s Nikkei 225 index slipped 1.2% to…...
Unleaded 88 provides cheaper fuel option amid Iran conflict
4+ mon, 2+ week ago (305+ words) DAYTON, Ohio (WDTN) – As the war in Iran continues, gas prices in the Miami Valley are now sitting well above three dollars, but Ohio agricultural leaders believe corn could offer residents another option. Roughly 20 percent of the world’s seaborne oil…...
Rising beef prices a textbook case of rising demand, shrinking supply
5+ mon, 2+ week ago (437+ words) DAYTON, Ohio (WDTN) — New data from the USDA shows that the U.S. cattle herd is shrinking, tightening supply nationwide at a time when demand is higher than ever. A recipe for higher beef prices: A strong demand for beef, but…...
Are Americans overspending on food delivery? NYT story sparks debate
5+ mon, 2+ week ago (557+ words) (NewsNation) — It’s never been easier to tap a button and have dinner show up at your door, but the line between convenience and cost is drawing new attention. A recent New York Times story explored the rise of America’s food-delivery…...