Current:Home > MarketsThe Daily Money: Still no relief at the supermarket -AssetLink
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-14 02:56:34
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! (5)
Related
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Celtics avoid collapse, defeat Mavericks to take 3-0 lead in NBA Finals: Game 3 highlights
- Band of storms bring 'life-threatening flooding' to South Florida, snarls I-95
- Beyoncé's twins turn 7: A look back at the pregnancy announcement for Rumi and Sir Carter
- US appeals court rejects Nasdaq’s diversity rules for company boards
- The number of Americans filing for jobless benefits jumps to the highest level in 10 months
- Kentucky man found guilty of terrorism charges after joining and fighting for ISIS
- High school president writes notes thanking fellow seniors — 180 of them
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Spain's Rafael Nadal, Carlos Alcaraz to team up in doubles at 2024 Paris Olympics
Ranking
- Intellectuals vs. The Internet
- 4 children in critical condition after shooting breaks out on Memphis interstate
- 'Inside Out 2' review: The battle between Joy, Anxiety feels very real in profound sequel
- Dogs search for missing Kentucky baby whose parents and grandfather face drug, abandonment charges
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Republican Party rifts on display in Virginia congressional primary pitting Good and McGuire
- US reporter Evan Gershkovich, jailed in Russia on espionage charges, to stand trial, officials say
- Morning frost – on Mars? How a 'surprise' discovery offers new insights
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Band of storms bring 'life-threatening flooding' to South Florida, snarls I-95
After rare flash flood emergency, Florida prepares for more heavy rainfall in coming days
Hurricane Winds Can Destroy Solar Panels, But Developers Are Working to Fortify Them
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Navajo Summit Looks at History and Future of Tribe’s Relationship With Energy
New Jersey’s top federal prosecutor testifies for government in Sen. Bob Menendez prosecution
Hulk Hogan launches 'Real American Beer' lager brand in 4 states with 13 more planned