Current:Home > MyThe Daily Money: Still no relief at the supermarket -Momentum Wealth Path
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-13 11:12:29
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! (74)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Kraft Heinz stops serving school-designed Lunchables because of low demand
- TikToker Campbell “Pookie” Puckett Gives Birth, Welcomes First Baby With Jett Puckett
- Gossip Girl Actress Chanel Banks Reported Missing After Vanishing in California
- South Korean president's party divided over defiant martial law speech
- Song Jae-lim, Moon Embracing the Sun Actor, Dead at 39
- Gossip Girl Actress Chanel Banks Reported Missing After Vanishing in California
- NFL overreactions: New York Jets, Dallas Cowboys going nowhere after Week 10
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- New Yorkers vent their feelings over the election and the Knicks via subway tunnel sticky notes
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Olivia Munn Randomly Drug Tests John Mulaney After Mini-Intervention
- The Daily Money: Mattel's 'Wicked' mistake
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Take the Day Off
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Kansas basketball vs Michigan State live score updates, highlights, how to watch Champions Classic
- Kansas basketball vs Michigan State live score updates, highlights, how to watch Champions Classic
- Horoscopes Today, November 11, 2024
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
US inflation may have picked up in October after months of easing
Amtrak service disrupted after fire near tracks in New York City
RHOBH's Kyle Richards Addresses PK Kemsley Cheating Rumors in the Best Way Possible
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Five best fits for Alex Bregman: Will Astros homegrown star leave as free agent?
Man Found Dead in Tanning Bed at Planet Fitness Gym After 3 Days
Why Kathy Bates Decided Against Reconstruction Surgery After Double Mastectomy for Breast Cancer