Current:Home > MarketsThe Daily Money: Still no relief at the supermarket -Elevate Capital Network
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-27 11:08:48
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! (84)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Inside Indiana’s ‘Advanced’ Plastics Recycling Plant: Dangerous Vapors, Oil Spills and Life-Threatening Fires
- Music Legend Tony Bennett Dead at 96
- Kate Gosselin Says Son Collin Has “Multiple Psychiatric Diagnoses” in Response to Estrangement Allegation
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Country’s Largest Grid Operator Must Process and Connect Backlogged Clean Energy Projects, a New Report Says
- Leo Shoppable Horoscope: 11 Birthday Gifts To Help the Lioness Roar
- Steph Curry Admits He's That Parent On the Sidelines of His Kids' Sporting Events
- In ‘Nickel Boys,’ striving for a new way to see
- A Reckoning in North Birmingham as EPA Studies the ‘Cumulative Impacts’ of Pollution and Racism
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- How Barbie's Signature Pink Is a Symbol for Strength and Empowerment
- ER Visits for Asthma in New York City Soared as Wildfire Smoke Blanketed the Region
- Ethan Slater Makes Instagram Account Private Amid Ariana Grande Romance
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Jason Aldean Responds to “Pro-Lynching” Accusations in Song “Try That In a Small Town”
- In the Pacific, Some Coral Survived the Last El Nino, Thanks to Ocean Currents
- Shop Bags & Accessories at Nordstrom Clear the Rack Sale: Deals on Coach, Kate Spade, Calvin Klein & More
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Allow Harry Styles to Take You to the Circus in Must-See Daylight Music Video
Get a $198 J.Crew Dress for $32 and More Jaw-Dropping Deals Starting at $6
Beat the Heat With These 19 Hacks To Make a Sweaty Commute Much More Tolerable
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Drake Explains Why He Hasn't Gotten Married—Yet
Nordstrom Rack's Clear the Rack Sale: Shop an Extra 25% Off on Top Brands Starting as Low as $6
MTV's Ryan Sheckler Details Unmanageable Addiction At the Height of His Teen Stardom