Current:Home > reviewsThe Daily Money: Still no relief at the supermarket -BeyondProfit Compass
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-15 17:52:40
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! (3)
Related
- Trump's 'stop
- T.J. Watt injures knee as Steelers defeat Ravens in regular-season finale
- Attack in southern Mexico community killed at least 5 people, authorities say
- Nigel Lythgoe is leaving Fox's 'So You Think You Can Dance' amid sexual assault lawsuits
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- How the Golden Globes is bouncing back after past controversies
- Trevor Lawrence injury updates: Jaguars QB active for Week 18 game vs. Titans
- Trevor Lawrence injury updates: Jaguars QB active for Week 18 game vs. Titans
- 2 killed, 3 injured in shooting at makeshift club in Houston
- 5 people are trapped in a cave in Slovenia after heavy rainfall causes water levels to rise
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Art and war: Israeli and Palestinian artists reflect on Oct.7 and the crisis in Gaza
- What 5 charts say about the 2023 jobs market and what that might spell for the US in 2024
- Fear of violence looms over a contentious Bangladesh election as polls open
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- China sanctions 5 US defense companies in response to US sanctions and arms sales to Taiwan
- Michael Bolton reveals he's recovering from a successful brain tumor removal
- Witty and fun, Kathy Swarts of 'Zip it' fame steals show during The Golden Wedding
Recommendation
Average rate on 30
Gypsy Rose Blanchard Reveals What Makes Her and Husband Ryan Anderson's Marriage Work
Polish farmers suspend their blockade at the Ukrainian border after a deal with the government
Thousands of mourners in Islamabad attend funeral for Pakistani cleric gunned down in broad daylight
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
South Korea says the North has again fired artillery shells near their sea border
A look back at Louisiana Democratic Gov. John Bel Edwards’ eight years in office
Clemson coach Dabo Swinney shows up to basketball game with black eye