[ad_1] Wendy’s to introduce surge pricing in 2025 – CBS News Watch CBS News Wendy’s says it will introduce surge pricing in 2025, meaning the cost of a burger or Frosty could go up at the busiest times of the day. Jo Ling Kent reports. Be the first to know Get browser notifications for breaking … Read more
[ad_1] The U.S. economy is having what some experts are calling a “Goldilocks” moment. A panel of economists expect this year to be characterized by faster growth, shrinking inflation and healthy job creation — a far cry from the widespread fears of a recession that marked 2023. The National Association for Business Economics (NABE) on … Read more
[ad_1] Consumer spending will be merry and bright this holiday season, economists predict – CBS News Watch CBS News After a period of high inflation, the U.S. has received some good economic news in time for the holidays. Gas prices and mortgage rates have dipped, and job growth remains steady. For many shoppers, it will … Read more
[ad_1] Los Angeles — For Robin Line, the cool air in her South Los Angeles apartment building’s community room in is a welcome relief. But her July electric bill still jumped 46%. Living on a fixed income, she can barely cover the basics. “I have to choose, milk one week, eggs the next week, it’s … Read more
[ad_1] Never mind the macro stats for the U.S. economy — Americans are hot, and very much still bothered by high prices, with recent reports about GDP growth, stock gains and a strong labor market apparently providing cold comfort. At least so far. Instead, most describe the economy as “uncertain,” along with calling it bad, and … Read more
[ad_1] A hopeful sign in the nation’s grinding battle against inflation: Although the national rate of inflation across the U.S. remains roughly twice the Federal Reserve’s target of 2% per year, in some cities prices have already returned to normal. In May, for example, the annual rate of inflation in the Minneapolis metropolitan area fell … Read more
[ad_1] A hopeful sign in the nation’s grinding battle against inflation: Although the national rate of inflation across the U.S. remains roughly twice the Federal Reserve’s target of 2% per year, in some cities prices have already returned to normal. In May, for example, the annual rate of inflation in the Minneapolis metropolitan area fell … Read more
[ad_1] Inflation subsided in December, reflecting the smallest annual increase since October 2021, the Labor Department reported Thursday. The Consumer Price Index rose at an annual rate of 6.5%, in line with economists’ expectations. Core prices, which exclude energy and food, rose 5.7% from the year before. On a monthly basis, prices fell by 0.1% … Read more
[ad_1] High housing prices force many young adults to move home with parents – CBS News Watch CBS News Inflation appears to be slowing, as the Consumer Price Index fell to 6.5% in December. But the price of some items– like eggs– is skyrocketing. The high cost of housing is also having an impact on … Read more
[ad_1] Inflation eases, but costs of eggs, other groceries still up Inflation eases, but costs of eggs, other groceries still up 00:29 The rising cost of eggs in the U.S. is denting household budgets. Americans in recent years have increased the number of eggs they consume while reducing their intake of beef and venison, according to data … Read more