Current:Home > StocksThe Daily Money: Still no relief at the supermarket -WealthSync Hub
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-24 14:51:14
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! (5714)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Pollution From World’s Militaries in Spotlight at UN Summit
- Powerball winning numbers for October 16 drawing: Did anyone win $408 million jackpot?
- Judge dismisses lawsuit over old abortion rights ruling in Mississippi
- See you latte: Starbucks plans to cut 30% of its menu
- ‘Breaking Bad’ star appears in ad campaign against littering in New Mexico
- Parkland shooting judge criticizes shooter’s attorneys during talk to law students
- Georgia state government cash reserves keep growing despite higher spending
- Arkansas State Police probe death of woman found after officer
- One Direction's Harry Styles, Niall Horan, Louis Tomlinson & Zayn Malik Break Silence on Liam Payne Death
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Canadian Olympian charged with murder and running international drug trafficking ring
- There are 11 remaining college football unbeatens. Predicting when each will lose
- Derrick Dearman executed in Alabama for murder of girlfriend's 5 family members
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Poland’s president criticizes the planned suspension of the right to asylum as a ‘fatal mistake’
- These Sweet Sabrina Carpenter and Barry Keoghan Pics Will Have You Begging Please Please Please for More
- His country trained him to fight. Then he turned against it. More like him are doing the same
Recommendation
The Daily Money: Spending more on holiday travel?
Christina Haack Says Ex Josh Hall Asked for $65,000 Monthly Spousal Support, Per Docs
Funeral home owner accused of leaving body in hearse set to enter plea in court
‘Breaking Bad’ star appears in ad campaign against littering in New Mexico
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
These Sweet Sabrina Carpenter and Barry Keoghan Pics Will Have You Begging Please Please Please for More
Cleveland mayor says Browns owners have decided to move team from lakefront home
AP Week in Pictures: Global