Current:Home > MyThe Daily Money: Still no relief at the supermarket -WealthX
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-11 17:00:52
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! (463)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Kentucky bourbon icon Jimmy Russell celebrates his 70th anniversary at Wild Turkey
- Chiefs fan wins $1.6M on Vegas poker game after Kansas City beat Baltimore
- ‘Appalling Figures’: At Least Three Environmental Defenders Killed Per Week in 2023
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Chiefs fan wins $1.6M on Vegas poker game after Kansas City beat Baltimore
- Labor costs remain high for small businesses, but a report shows wage growth is slowing for some
- Video captures big black bear's casual stroll across crowded California beach
- In ‘Nickel Boys,’ striving for a new way to see
- Tyreek Hill knee injury: What we know (and don't) about surgery mentioned in police footage
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Declassified memo from US codebreaker sheds light on Ethel Rosenberg’s Cold War spy case
- West Virginia governor to call on lawmakers to consider child care and tax proposals this month
- Chipotle uses memes for inspiration in first-ever costume line with Spirit Halloween
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Dolphins' Tyreek Hill being detained serves as painful reminder it could have been worse
- Wisconsin Supreme Court weighs activist’s attempt to make ineligible voter names public
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, I Love a Parade
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Diddy ordered to pay $100M in default judgment for alleged sexual assault
Commanders release kicker Cade York after two misses in season opener
Feds say white supremacist leaders of 'Terrorgram' group plotted assassinations, attacks
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Cool weather forecast offers hope in battling intense Southern California blaze
Feds say white supremacist leaders of 'Terrorgram' group plotted assassinations, attacks
Why Gabrielle Union Thinks She and Dwyane Wade Should Be Posting Farts After 10 Years of Marriage