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Costs Rise While Stubborn Inflation Persists, Trump Tariffs Loom Over Economy Costs Rise While Stubborn Inflation Persists, Trump Tariffs Loom Over Economy
Costs Rise While Stubborn Inflation Persists, Trump Tariffs Loom Over Economy Prices for a wide range of products increased in July, even as inflation held steady, with economists expecting President Donald Trump's tariffs to further raise costs for many Americans. The Consumer Price Index rose by 0.2% in July and reached a yearly rate of 2.7%, according to data released by the Bureau of Labor Statistics on Tuesday, Aug. 12. That was barely lower than the 2.8% annual inflation expected in the Dow Jones forecast, CNBC reported. Core inflation, which doesn't include the volatile food and energy categories, jumped by 0.3%, bringing the annual rate to 3.1%. That's the hi…

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by Chris Spiker
Lifestyle
Inflation, Trump Tariffs Hurting Americans' Fourth Of July Plans, Survey Finds: Here's How Inflation, Trump Tariffs Hurting Americans' Fourth Of July Plans, Survey Finds: Here's How
Inflation, Trump Tariffs Hurting Americans' Fourth Of July Plans, Survey Finds: Here's How The stars and stripes may fly high on the Fourth of July, but most Americans say they're feeling financially grounded in 2025. WalletHub conducted a survey, along with compiling facts and figures, about how the US will celebrate Independence Day in 2025. The studies were released on Wednesday, June 25. The personal finance website found that 79% of Americans believe the country's independence is threatened by the rising federal debt. More than half are adjusting their Fourth of July plans because of inflation, high prices, and a shaky economy under President Donald Trump's sweepin…

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by Chris Spiker
Business
Popular Milk Product Recalled In 27 States, Including CT, Due To Allergy Risk Popular Milk Product Recalled In 27 States, Including CT, Due To Allergy Risk
Popular Milk Product Recalled In 27 States, Including CT, Due To Allergy Risk A nationwide recall has been issues for a popular brand of milk due to an allergy risk. HP Hood LLC is recalling 96-ounce containers of Lactaid Milk because the product may contain trace amounts of almond, which is not listed on the label.  People who have an allergy or severe sensitivity to almonds may run the risk of serious or life-threatening allergic reaction if they consume these products, according to an announcement by the Food and Drug Administration (FDA). The product was shopped to retailers and wholesalers in Alabama, Colorado, Connecticut, Florida, Georgia, Iowa, Illinois…

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by Joe Lombardi