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The impact of inflation on Christmas tree shoppers
If you’re one of those people who likes to “keep it real” during Christmas with a live tree in your home or business, the tree lots are finally here. NBC 7’s Dana Williams spoke to families to see if they are concerned about inflation when it comes to their noble firs.
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Despite inflation, San Diegans want their Christmas trees
In 2022, the average price for a real tree was $78 and an artificial tree was $104, according to the American Christmas Tree Association. Despite inflation being a concern for customers, many still plan to display at least one tree in their home.
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The Federal Reserve leaves rates unchanged. Here's what that means for your wallet
The Federal Reserve said it would leave rates unchanged in November. For consumers, however, it won’t get any less expensive to borrow.
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Beef prices are at record highs — how much pricier will your steak get?
Retail beef prices in the U.S. are at record highs, pushing up the price tags of not just your steak tartare, but also cheese burgers.
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US inflation eased slightly last month as price increases extend slow descent
Measures of U.S. inflation in September showed that the pace of price increases is still grinding lower, though at a slow and uneven pace. Prices in the United States increased 0.4% from August to September, down from a faster pace the previous month. Annual consumer inflation in September was unchanged from a 3.7% rise in August. And underlying inflation declined...
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The 5 US cities most impacted by inflation—none are in New York or California
While inflation has fallen from its nationwide peak of 9.1% in June 2022, these five metropolitan areas continue to see steep prices.
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63% of workers unable to pay a $500 emergency expense, survey finds. How employers may help change that
High inflation continues to add financial stress to workers’ budgets. Experts say new benefits to provide emergency savings plans may help.
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HUD releases new aid for low-income families to keep up with rising rents
The Department of Housing and Urban Development said that fair market rents for fiscal year 2024 will rise about 12 % nationwide and that the department has increased funding for housing choice vouchers.
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Global inflation pressures could become harder to manage in coming years, research suggests
Rising trade barriers. Aging populations. A transition from carbon-spewing fossil fuels to renewable energy. The prevalence of such trends across the world could intensify global inflation pressures.
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Pork belly prices are up 100% this year — your breakfast bacon is about to get pricier
Bacon is about to get even more expensive as wholesale pork belly prices approach record highs on the back.
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Biden touts economic turnaround as he marks 1-year anniversary of the Inflation Reduction Act
The White House is on a sprint to connect what they say is a popular economic agenda with an unpopular incumbent president, as polls show a majority of voters consistently disapprove of Biden’s handling of the economy even amid signs of a U.S. economic upswing.
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Here's what's getting cheaper at the grocery store as inflation eases
Inflation in the United States edged up in July after 12 straight months of declines. But excluding volatile food and energy costs, so-called core inflation matched the smallest monthly rise in nearly two years. Here’s what’s getting cheaper
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How interest rates impact your money — from savings to mortgages
Interest rates may seem abstract, but they affect everyone. CNBC Make It examines the role they play in your finances.
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U.S. gas prices hit 8-month high, national average climbs to $3.71 per gallon
The national average price for gas continues to spike amid rising oil prices, reaching its highest mark since last November.
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Recent report ranks San Diego No. 2 in country with highest inflation
A recent data report form the U.S. Bureau of Labor Statistics recently ranked San Diego the No. 2 city in the country with the highest inflation rate. Philip Watkinson is a husband and father to a family of five, but a provider to a middle-income family of three. “We’re a sharing family. We like to share our table with...
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Rising costs in San Diego: Inflation rate among highest in the nation
Inflation remains higher in San Diego than in almost every other city across the country. NBC7’s Jeanette Quezada dives into why.
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Instant Pot sales plunge post-pandemic forcing maker to file for bankruptcy
The maker of Pyrex glassware and Instant Pot has filed for Chapter 11 bankruptcy protection as the company that was already struggling is stung by inflation with Americans pulling back on spending.
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Inflation rose at a 4% annual rate in May, the lowest in 2 years
The consumer price index was expected to rise 0.1% in May, according to the Dow Jones consensus estimate.
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Grains, Vegetables, Dairy Prices Fall on World Market, Yet Remain High at the Grocery Store
Around the world, food prices have dropped but they are persistently, painfully high in grocery stores.
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What's Weighing on the Minds of LA County Residents? UCLA Survey Says…
What’s keeping LA County residents up at night? The latest UCLA quality of life index points to some possible answers.