Current:Home > FinanceThe Daily Money: Still no relief at the supermarket -GrowthInsight
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-15 21:33:25
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! (82)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Costco is selling lots of gold; should you be buying? How this gold rush impacts the market
- ‘HELP’ sign on beach points rescuers to men stuck nine days on remote Pacific atoll
- 85-year-old Idaho woman who killed intruder committed 'heroic act of self-preservation'
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Don't delay your Social Security claim. Here are 3 reasons why.
- Who won the $1.3 billion Powerball jackpot in Oregon? We might know soon. Here's why.
- Arizona Supreme Court's abortion ruling sparks fear, uncertainty
- Sonya Massey's father decries possible release of former deputy charged with her death
- Lisa Rinna Reveals She Dissolved Her Facial Fillers Amid Reaction to Her Appearance
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech
- When should I retire? It may be much later in life than you think.
- Prince William and Prince George Seen in First Joint Outing Since Kate Middleton Shared Cancer Diagnosis
- Global Warming Set the Stage for Los Angeles Fires
- Colorado Skier Dallas LeBeau Dead at 21 After Attempting to Leap 40 Feet Over Highway
- CBS News 24/7 streaming channel gets new name, expanded programming
- North Carolina governor to welcome historic visitor at mansion: Japan’s Prime Minister Kishida
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
US consumer sentiment falls slightly as outlook for inflation worsens
Trump will be first ex-president on criminal trial. Here’s what to know about the hush money case
Lifetime to air documentary on Nicole Brown Simpson, O.J. Simpson's ex-wife who was killed
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Gas prices are on the rise again. Here's where experts say they are going next.
Biden is canceling $7.4 billion in student debt for 277,000 borrowers. Here's who is eligible.
Michael Douglas bets a benjamin on 'Franklin' TV series: How actor turned Founding Father