Current:Home > ScamsThe Daily Money: Still no relief at the supermarket -Horizon Finance Path
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-12 07:51:55
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! (82436)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- The 4-day workweek: How one Ohio manufacturer is making it work
- Aldi can be a saver's paradise: Here's how to make the most of deals in every aisle
- Exclusive: Projected 2024 NBA draft top pick Ron Holland on why he went G League route
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- The Taylor Swift reporter can come to the phone right now: Ask him anything on Instagram
- Meet the 2024 Grammys Best New Artist Nominees
- Judge rejects dismissal, rules Prince Harry’s lawsuit against Daily Mail can go to trial
- A South Texas lawmaker’s 15
- Medical debt can damage your credit score. Here's what to know.
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Lululemon Gifts Under $50 That Are So Cute You'll Want to Grab Two of Them
- Pakistani police cracking down on migrants are arresting Afghan women and children, activists claim
- SEC, Big Ten showdowns headline the seven biggest games of Week 11 in college football
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Colorado star Shedeur Sanders is nation's most-sacked QB. Painkillers may be his best blockers.
- Local election workers have been under siege since 2020. Now they face fentanyl-laced letters
- Myanmar military court sentences general ousted from ruling council to 5 years for corruption
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
NWSL Championship pits Megan Rapinoe vs. Ali Krieger in ideal finale to legendary careers
Taylor Swift reschedules Argentina show due to weather: 'Never going to endanger my fans'
Big Ten bans No. 2 Michigan coach Jim Harbaugh from final 3 games over alleged sign-stealing scheme
Nevada attorney general revives 2020 fake electors case
5.0 magnitude quake strikes Dominican Republic near border with Haiti
David and Victoria Beckham and how to (maybe) tell if your partner is in love with you
Some VA home loans offer zero down payment. Why don't more veterans know about them?