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Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

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by Chris Spiker
Business
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation unexpectedly accelerated in the first month of 2025, adding political and economic pressure to President Donald Trump's campaign promise of immediate relief to high consumer prices. In January, overall inflation climbed 3.3 percent year-over-year for core items and 0.5 percent monthly, according to data from the Bureau of Labor Statistics released on Wednesday, Feb. 12. That ran slightly ahead of economists' prediction of 3.2 percent inflation, NBC News reported. Core items exclude notably volatile prices for food and energy. The Consumer Price Index (CPI) still inc…

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by Chris Spiker
Lifestyle
These Fairfield County Towns Rank Among 'Most Envied' In Country, New Survey Says These Fairfield County Towns Rank Among 'Most Envied' In Country, New Survey Says
These Fairfield County Towns Rank Among 'Most Envied' In Country, New Survey Says You only have to open your front door and breath in the fresh air, take in the green trees, and dine at one of the many fabulous restaurants to understand why four towns in Connecticut are ranked as being the best in the nation to live. The survey was conducted by MovingFeedback.com and included feedback from 3,000 American respondents. Their goal was to unearth the most desirable suburban lifestyles across the nation and rank them from 1-175. The four locales, all in Fairfield County, are: Ridgefield No. 149 Westport No. 158 Darien No. 171 New Canaan No. 174 Here's the lowdown on each. …

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by Kathy Reakes