Current:Home > StocksThe Daily Money: Still no relief at the supermarket -Cryptify
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-19 14:29:44
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! (81)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- 'I'm just grateful': Micropreemie baby born at 1 pound is finally going home after a long fight
- 2024 PGA Championship highlights: Xander Schauffele leads with 62
- Who plays Colin, Eloise and Penelope in 'Bridgerton'? See the full Season 3 cast
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- How we uncovered former police guns that were used in crimes
- Driver killed after tank depressurizes at Phoenix semiconductor facility that’s under construction
- Alexa PenaVega Details “Pain and Peace” After Stillbirth of Baby No. 4
- Former Syrian official arrested in California who oversaw prison charged with torture
- Justice Dept. makes arrests in North Korean identity theft scheme involving thousands of IT workers
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Ben Affleck and Jennifer Lopez Step Out With Wedding Rings Amid Breakup Rumors
- Texas governor pardons ex-Army sergeant convicted of killing Black Lives Matter protester
- Driver killed after tank depressurizes at Phoenix semiconductor facility that’s under construction
- Senate begins final push to expand Social Security benefits for millions of people
- Promoter for the Mike Tyson-Jake Paul fight in Texas first proposed as an exhibition
- South Korean court rejects effort to block plan that would boost medical school admissions
- Struggling Blue Jays aren't alone in MLB's brutal offensive landscape – but 'it still sucks'
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Amy Kremer helped organize the pro-Trump Jan. 6 rally. Now she is seeking a Georgia seat on the RNC
China and Cambodia begin 15-day military exercises as questions grow about Beijing’s influence
Poland puts judge who defected to Belarus on wanted list, opening way to international warrant
Meta releases AI model to enhance Metaverse experience
Maverick Kentucky congressman has avoided fallout at home after antagonizing GOP leaders
Clean Energy Is Driving ‘a New Era in American Manufacturing’ Across the Midwest
Clean Energy Is Driving ‘a New Era in American Manufacturing’ Across the Midwest