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Inflation

For this Maine chocolatier, costs are starting to cool down

by Sean McHenry
Jan 12, 2023
After raising prices last fall, Kristin Thalheimer Bingham, co-owner of Dean's Sweets, describes her expenses and product pricing.
"Our biggest challenge going forward is to get our inventory back up and ready for Valentine's Day," said Kristin Thalheimer Bingham, co-owner of Dean's Sweets. Above, nonpareils from the shop.
Melissa Mullen Photography
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Shelter costs rose in December while the Consumer Price Index declined. Why?

by Amy Scott
Jan 12, 2023
Today’s inflation report showed that both the rent and owner-equivalent rent indexes rose 0.8% in December.
Rents fell .8% nationally in December, according to data from Apartment List. Yet rents in the CPI rose by .8% last month,
Joe Raedle/Getty Imagea
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Baked goods and cereals cost 16% more in December. What gives?

by Sabri Ben-Achour
Jan 12, 2023
Per the consumer price index, bread and cookies cost more dough because their ingredients do too. Yes, the government tracks cookies.
Michael M. Santiago/Getty Images
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Are the latest consumer price index numbers a good sign for the economy?

by Justin Ho
Jan 12, 2023
Prices were up 6.5% over the past year, well above the Fed's targets but the smallest increase since October 2021. It's a sign that inflation is easing.
Shoppers are likely noticing the moderation in food price increases, said Morning Consult's Kayla Bruun.
Frederic J. Brown/AFP via Getty Images
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A battered world economy faces a "polycrisis"

by Savannah Maher
Jan 11, 2023
The World Economic Forum's new report identifies a long list of interconnected economic threats that could feed off of and worsen each other. But there is a caveat.
Sergei Supinksy/AFP via Getty Images
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The "sneaky practice" of shrinkflation has been driving up your grocery bills for years

by Kai Ryssdal and Sarah Leeson
Jan 4, 2023
Shrinkflation means getting less product for the same price, and it's not going away anytime soon.
Shrinkflation is a tactic manufacturers use to pass on price increases to consumers. For instance: quietly reducing the number of squares of toilet paper per roll.
Olivier Douliery/AFP via Getty Images
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At food banks, need is up, donations are down

by Samantha Fields
Jan 2, 2023
Donations of both money and food are down. That's straining food banks at a time when more people are relying on them again.
“'Food shelf near me' is in the top 10 searches in our area," said Allison O’Toole at Minnesota's Second Harvest Heartland food bank.
Justin Sullivan/Getty Images
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The dollar's value has been slipping over the past few months

by Andy Uhler
Jan 2, 2023
The currency's dip could be due to the prospect of a weakened U.S. economy in 2023.
The value of the dollar has dipped as the economic outlook for the U.S. has soured.
Justin Sullivan/Getty Images
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High mortgage rates, recession fears: Who actually wants to buy a house in 2023?

by Matt Levin
Dec 29, 2022
Pending home sales have dipped, and economists expect the market to continue to droop.
"Overall annual sales next year will be lower," said Lawrence Yun of the National Association of Realtors. 
Brendan Smialowski/AFP via Getty Images
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Crisis at Christmas: Strikes disrupt the U.K. during the festive season

by Stephen Beard
Dec 29, 2022
During a wave of industrial unrest, triggered by the cost of living crisis, striking workers voice their discontent from the picket line.
Workers strike outside a mail-sorting office not far from London. The now-privatized Royal Mail service says it can't afford an inflation-matching pay hike.
Mimisse Beard
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