Current:Home > ContactThe Daily Money: Still no relief at the supermarket -CapitalEdge
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-14 17:21:14
Good morning! It’s Daniel de Visé with your Daily Money.
Happy Consumer Friday. I'm filling in for Betty Lin Fisher.
Latasha Warner does everything she can to keep food costs down.
She avoids restaurants, buys off-brand products, avoids meat that's not on sale and travels out of town to shop at bigger, more affordable chains. And still, she says the $200 she spent on groceries Tuesday didn't buy enough food to last the week for her, her husband and two children.
Grocery inflation has cooled substantially since its 2022 peak, and groceries are causing less of a hit on Americans’ budgets.
Yet, despite the cooldown, surveys show consumers are still struggling to come to terms with how much food costs today.
The high price of summer parenting
Summer vacation lasts 11 weeks for the Restrepos. And the Michigan family has nine of them covered, thanks to a Kids Club program offered by the local public schools.
But summer camp is not free. The Restrepos are paying $225 per kid per week: $4,050 for both children for those nine weeks.
“Honestly, I don’t know what we’d do without it,” William Restrepo said.
The price of parenting tends to spike in summer, when tax-funded public education gives way to parent-funded daycare and sleepaway camps. Inflation pads the bill.
What's a parent to do?
📰 More stories you shouldn't miss 📰
- Who's to blame for inflation, Biden or Trump?
- Who would be better for the economy, Biden or Trump?
- American cars fare well in J.D. Power study
- Walgreens to close stores
- Cooling your home on a budget
📰 A great read 📰
Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!
A Florida woman upset that Reese's holiday-themed chocolates did not feature the same cute designs she claims were shown on its packaging sued manufacturer Hershey's for false advertisement.
In a lawsuit filed on Dec. 28 in Florida's Middle District Court, Cynthia Kelly sued Hershey's for $5 million, alleging that the company misled buyers with "false and deceptive advertising" on their packaging.
What, exactly, did the woman think she was buying?
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (9739)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Man, teenage girl found dead in Wisconsin after shooting at officers, Iowa slaying
- Horoscopes Today, April 11, 2024
- Alaska House passes budget with roughly $2,275 payments to residents, bill goes to Senate
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
- Where are they now? Key players in the murder trial of O.J. Simpson
- Man accused of lighting fire outside Bernie Sanders’ office had past brushes with the law
- Trump issues order to ban transgender troops from serving openly in the military
- Reaction to the death of O.J. Simpson
Ranking
- A South Texas lawmaker’s 15
- Prosecutor to decide if Georgia lieutenant governor should be charged in election meddling case
- Melrose Place Reboot Starring Heather Locklear, Laura Leighton and Daphne Zuniga Is in the Works
- Biden administration announces plans to expand background checks to close gun show loophole
- Federal hiring is about to get the Trump treatment
- O.J. Simpson dies at 76: The Kardashians' connections to the controversial star, explained
- Ron Goldman's Dad Fred Speaks Out After O.J. Simpson's Death
- Deadly Chicago traffic stop where police fired 96 shots raises serious questions about use of force
Recommendation
South Korean president's party divided over defiant martial law speech
Harvard again requiring standardized test scores for those seeking admission
New York officials approve $780M soccer stadium for NYCFC to be built next to Mets’ home
Track and field to be first sport to pay prize money at Olympics
Don't let hackers fool you with a 'scam
Convicted murderer charged in two new Texas killings offers to return to prison in plea
So You Think You Can Dance Alum Korra Obidi Stabbed and Attacked With Acid in London
Fiery debate over proposed shield law leads to rare censure in Maine House