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Inflation

'McFlation': $7 Egg McMuffin At McDonald's In Region Sparks Outrage 'McFlation': $7 Egg McMuffin At McDonald's In Region Sparks Outrage
'McFlation': $7 Egg McMuffin At McDonald's In Region Sparks Outrage A pricey breakfast sandwich purchased at a Connecticut McDonald’s is sparking outrage on social media. The Fairfield County breakfast order, which was shared by Bespoke Investment Group on X, was placed on Saturday, Jan. 27 just off of I-95 in the town of Fairfield, according to the posted picture of the receipt. “What has the world come to??” the user asked, showing that the receipt included two Egg McMuffins, costing a total of $14.58 — or $7.29 each — and a bacon, egg, and cheese McGriddle for another $7.19. “Outrageous pricing,” Bespoke wrote. $7.29 for one McDonald’s Egg McMuf…
Minimum Wage Increase On Long Island: Here's How Much It Will Rise As New Year Begins Minimum Wage Increase On Long Island: Here's How Much It Will Rise As New Year Begins
Minimum Wage Increase On Long Island: Here's How Much It Will Rise As New Year Begins As the New Year draws closer, New York Gov. Kathy Hochul is reminding residents that the state's minimum wage will increase as soon as the ball drops.  Beginning on Monday, Jan. 1, the minimum wage in New York City, Westchester County, and Long Island will go up to $ 16 per hour, and $15 per hour for the rest of the state, Hochul reminded residents on Wednesday, Dec. 27.  Earlier Report - Minimum Wage To Go Up In New York: Here's When, How Much Additionally, the minimum wage for home care aides will increase to $18.55 per hour in New York City, Westchester, and Lon…
Minimum Wage Increase On Long Island: Here's How Much It Will Rise As New Year Begins Minimum Wage Increase On Long Island: Here's How Much It Will Rise As New Year Begins
Minimum Wage Increase On Long Island: Here's How Much It Will Rise As New Year Begins As the New Year draws closer, New York Gov. Kathy Hochul is reminding residents that the state's minimum wage will increase as soon as the ball drops.  Beginning on Monday, Jan. 1, the minimum wage in New York City, Westchester County, and Long Island will go up to $ 16 per hour, and $15 per hour for the rest of the state, Hochul reminded residents on Wednesday, Dec. 27.  Earlier Report - Minimum Wage To Go Up In New York: Here's When, How Much Additionally, the minimum wage for home care aides will increase to $18.55 per hour in New York City, Westchester, and Lon…
Minimum Wage To Go Up On Long Island: Here's When, How Much Minimum Wage To Go Up On Long Island: Here's When, How Much
Minimum Wage To Go Up On Long Island: Here's When, How Much To help those struggling with rising costs, New York Gov. Kathy Hochul has announced that the state's minimum wage will be increasing when the new year begins.  Effective on Monday, Jan. 1, the minimum wage in Westchester County, Long Island, and New York City will increase to $16 per hour, and $15 per hour in the rest of the state, Hochul announced on Monday, Dec. 11.  The current minimum wage in Westchester, Long Island, and New York City is $15 per hour, while it is $14.20 in the rest of the state.  According to Hochul, the increases come thanks to an agreement between he…
Historic: House Democrats Elect NY Rep. As Leader, First Black Person To Head Party In Congress Historic: House Democrats Elect NY Rep. As Leader, First Black Person To Head Party In Congress
Historic: House Democrats Elect NY Rep. As Leader, First Black Person To Head Party In Congress History has been made after House Democrats elected New York Congressman Hakeem Jeffries as their leader, marking the first time a Black person will lead a party in either chamber of Congress. The move came in a closed-door meeting on Capitol Hill Wednesday morning, Nov. 30, CNN reports. Earlier Report: NY Congressman Seen As Favorite To Become Dems' Congressional Leader After Pelosi Departure Jeffries, the caucus chair who represents New York’s 8th Congressional District covering eastern Brooklyn and southwestern Queens, was unopposed in running for leader, the outlet reports. The 52-ye…
'Incredibly Grateful': Republican Marc Molinaro Prevails In NY's 19th District Race 'Incredibly Grateful': Republican Marc Molinaro Prevails In NY's 19th District Race
'Incredibly Grateful': Republican Marc Molinaro Prevails In NY's 19th District Race In another win for Republicans, Marc Molinaro has prevailed over Democrat Josh Riley in New York’s 19th Congressional District, NBC News projects.  Molinaro, the Dutchess County executive, was leading Riley 51.1 to 48.9 percent with 99 percent of the vote counted as of Wednesday evening, Nov. 9. Earlier Report: Republican Marc Molinaro On Track To Win In NY’s 19th District (Developing) The 19th District includes the counties of Columbia, Delaware, Greene, Otsego, Schoharie, Sullivan, and Ulster, as well as portions of Broome, Dutchess, Montgomery, and Rensselaer counties. President Bide…
Rep. Pat Ryan Edging Out Republican Colin Schmitt In NY’s 18th District Race (Developing) Rep. Pat Ryan Edging Out Republican Colin Schmitt In NY’s 18th District Race (Developing)
Rep. Pat Ryan Edging Out Republican Colin Schmitt In NY’s 18th District Race (Developing) This story has been updated. New York Rep. Pat Ryan appeared likely to continue serving in Congress after results showed him leading Republican Assemblyman Colin Schmitt in the 18th District early Wednesday, Nov. 9.  Ryan, the former Ulster County executive, was leading Schmitt by just 0.84 percentage points, 50.42 to 49.58 percent, with more than 95 percent of the vote counted. Among the most closely watched in the state, the 18th District is located in the Hudson Valley and includes all of Orange and Putnam counties, as well as portions of southern Dutchess County and northeast…
Republican Marc Molinaro On Track To Win In NY’s 19th District (Developing) Republican Marc Molinaro On Track To Win In NY’s 19th District (Developing)
Republican Marc Molinaro On Track To Win In NY’s 19th District (Developing) This story has been updated. Republicans appeared poised to win in New York’s 19th Congressional District, with Marc Molinaro seemingly on track to defeat Democrat Josh Riley early Wednesday, Nov. 9.  Molinaro, the Dutchess County executive, was leading Riley by 2.2 percentage points, 51 to 49 percent, as of early Wednesday morning, Nov. 9, with more than 95 percent of the votes in. The 19th Congressional District includes the counties of Columbia, Delaware, Greene, Otsego, Schoharie, Sullivan, and Ulster, as well as portions of Broome, Dutchess, Montgomery, and Rensselaer counties. …
Hochul Elected To First Full Term As NY Governor, Defeats Trump-Backed Zeldin Hochul Elected To First Full Term As NY Governor, Defeats Trump-Backed Zeldin
Hochul Elected To First Full Term As NY Governor, Defeats Trump-Backed Zeldin This story has been updated. New York’s Democratic incumbent Gov. Kathy Hochul has been elected to her first full term in office, fending off her Republican challenger, Long Island Rep. Lee Zeldin, NBC News projects. Hochul is leading Zeldin, who represents the state’s 1st Congressional District covering much of Suffolk County, by five percentage points, 52.7 to 47.3 percent, as of 6 a.m. Wednesday, Nov. 9, with 93 percent of the vote counted. "I'm deeply honored to be elected Governor of the State of New York," Hochul posted on Twitter shortly after the race was called. BREAKING: I’m…
New Poll Shows How Hochul-Zeldin Race For Governor Looks As Election Day Gets Closer New Poll Shows How Hochul-Zeldin Race For Governor Looks As Election Day Gets Closer
New Poll Shows How Hochul-Zeldin Race For Governor Looks As Election Day Gets Closer With just over a week until New Yorkers choose their next governor, incumbent Democratic Gov. Kathy Hochul is maintaining her lead over Republican Rep. Lee Zeldin, new polling shows. Hochul garnered 50 percent support to Zeldin’s 44 percent in an Emerson College poll released Friday, Oct. 28. Earlier Report: New Poll Reveals Who NYers Favor In Governor's Race Based On Inflation, Crime, Abortion Four percent of respondents were undecided, while 2 percent said they plan to vote for someone else, pollsters said. Zeldin, who represents the state’s 1st Congressional District covering east…
New Poll Reveals Who NYers Favor In Governor's Race Based On Inflation, Crime, Abortion New Poll Reveals Who NYers Favor In Governor's Race Based On Inflation, Crime, Abortion
New Poll Reveals Who NYers Favor In Governor's Race Based On Inflation, Crime, Abortion As Election Day draws nearer, new polling is highlighting the issues that are top of mind for New York voters when choosing their next governor. Overall, incumbent Democratic Gov. Kathy Hochul leads her Republican opponent, Rep. Lee Zeldin, by six points, 47 to 41 percent, according to a SurveyUSA poll released Thursday, Oct. 20. Earlier Report: Zeldin Holds Edge Over Hochul In NY's Suburbs, Among Independents In Brand-New Poll Four percent of likely voters said they plan to vote for another candidate, while 8 percent were undecided. Hochul’s lead has shrunk dramatically from August …
Around 2 Million NYers To Get Nearly $500M In Tax Relief Checks: Here's Who Qualifies Around 2 Million NYers To Get Nearly $500M In Tax Relief Checks: Here's Who Qualifies
Around 2 Million NYers To Get Nearly $500M In Tax Relief Checks: Here's Who Qualifies New Yorkers may want to keep an eye on their mailbox in the coming weeks as the state has begun sending out tax relief checks to some families in an effort to alleviate rising costs of living.  The New York Department of Taxation and Finance announced that it started sending out $475 million worth of checks to 1.8 million residents who received at least $100 in Empire State child credits or the state’s earned income credit on their 2021 state tax return. Payments will average $270 per eligible recipient. Checks are being mailed automatically and recipients don’t need to do anything in orde…
New Poll Reveals How Hochul-Zeldin Race Looks Among Those Who Say They Will 'Definitely Vote' New Poll Reveals How Hochul-Zeldin Race Looks Among Those Who Say They Will 'Definitely Vote'
New Poll Reveals How Hochul-Zeldin Race Looks Among Those Who Say They Will 'Definitely Vote' With less than a month to go until New Yorkers choose their next governor, fresh polling shows Democratic Gov. Kathy Hochul remains the favorite over her Republican opponent, Rep. Lee Zeldin. Hochul holds a 10-point lead over Zeldin, 51 to 41 percent, among registered voters statewide, including those who are undecided, according to a new Marist poll.  Earlier Report: Debate Over Debates: Zeldin Rips Hochul's Offer Of Single Matchup Before Gubernatorial Election Among those who say they "will definitely vote," Hochul's lead is down to an eight-point edge over Zeldin, 52 to 44 pe…
New Report Reveals Percentage Of Americans Living Paycheck To Paycheck New Report Reveals Percentage Of Americans Living Paycheck To Paycheck
New Report Reveals Percentage Of Americans Living Paycheck To Paycheck Many Americans are living paycheck to paycheck as inflation continues to impact their finances, according to a new report.  PYMNTS and LendingClub published their September 2022 report on inflation and the United States paycheck-to-paycheck landscape. Researchers found that 60 percent of consumers reported that inflation has impacted how they manage their finances. The report also found that 60 percent of US consumers are living paycheck to paycheck as of August, an increase from 57 percent in September of 2021. According to the report, 45 percent of consumers who are earni…
Brand-New Poll Reveals NYers' Reaction To Student Loan Forgiveness Plan Brand-New Poll Reveals NYers' Reaction To Student Loan Forgiveness Plan
Brand-New Poll Reveals NYers' Reaction To Student Loan Forgiveness Plan When it comes to President Biden’s sweeping plan to forgive thousands of dollars in federal student loans, a majority of New Yorkers support the move, according to a fresh Siena College poll.  The poll found that by 56 to 33 percent, New Yorkers supported the plan, which would forgive up to $20,000 in debt for those who received Pell Grants with loans held by the Department of Education. Non-Pell Grant recipients would have $10,000 in student debt canceled. Among those polled, 29 percent think Biden’s plan goes too far, while 21 percent said it doesn’t go far enough. Thirty-nine …
Brand-New Poll Reveals Shift In NYers' Consumer Sentiment Brand-New Poll Reveals Shift In NYers' Consumer Sentiment
Brand-New Poll Reveals Shift In NYers' Consumer Sentiment New Yorkers are feeling more optimistic about the economy, according to a new Siena College poll released Wednesday, Sept. 14. The New York State Index of Consumer Sentiment was up 9.1 points to 70.8 in the third quarter of 2022, the poll found. That’s 12.6 points above the nation’s Index of 58.2. The current index rose nearly 12 points from the previous quarter to 64.1 and the future index increased nearly eight points from 67.6 to 75.2, researchers found. Future confidence in the state is 17.2 points higher than the nation’s 58.0. “New Yorkers’ collective sentiment continues to o…
Will You Get One? 1.75 Million NYers Will Receive Checks Averaging $270 Will You Get One? 1.75 Million NYers Will Receive Checks Averaging $270
Will You Get One? 1.75 Million NYers Will Receive Checks Averaging $270 New Yorkers may want to keep an eye on their mailbox in the coming weeks as the state gears up to send out relief checks to low income families aimed at combating inflation and improving affordability. The New York Department of Taxation and Finance will soon begin sending out checks with an average payment of $270 per eligible recipient to those who received the Empire State Child Credit and/or the Earned Income Credit on their 2021 state tax returns. Checks will be mailed automatically and recipients don’t need to do anything in order to receive them, the department said. The exact amou…
NY County Exec's Congressional Special Election Win Cited Nationally As Bellwether NY County Exec's Congressional Special Election Win Cited Nationally As Bellwether
NY County Exec's Congressional Special Election Win Cited Nationally As Bellwether Democrats received a major confidence boost heading into the November midterms after Pat Ryan won a special election for New York's open 19th House seat in a race that's considered a national bellwether. Ryan, the Ulster County executive, was leading Republican Marc Molinaro, the Dutchess County executive, with 51 percent of the vote when the Associated Press called the race just after midnight Wednesday, Aug. 24. The swing district, located in the Catskills and mid-Hudson Valley regions and which includes Ulster and Dutchess counties, was left vacant when Democrat Antonio Delgado became …
New Poll Reveals Percentages Of NYers Squeezed by Gas Prices, Hit By Food Costs New Poll Reveals Percentages Of NYers Squeezed by Gas Prices, Hit By Food Costs
New Poll Reveals Percentages Of NYers Squeezed by Gas Prices, Hit By Food Costs If you’ve been feeling the pinch at the gas pump or grocery store lately, you’re not alone, according to a new poll from the Siena College Research Institute (SCRI). Pollsters found that 69 percent of New Yorkers said that current gasoline prices are having a very serious or somewhat serious impact on their financial condition.  That’s up from 66 percent last quarter. And even more New Yorkers reported feeling burdened by the cost of groceries, with 80 percent of respondents saying that the amount of money they spend on food is having either a very serious or somewhat serious impact …
Here's How Long NYers Will Get Relief At Pump As Gas Tax Holiday Takes Effect Here's How Long NYers Will Get Relief At Pump As Gas Tax Holiday Takes Effect
Here's How Long NYers Will Get Relief At Pump As Gas Tax Holiday Takes Effect With gas prices reaching record heights across the nation, New Yorkers will see some financial relief at the pump as the statewide gas tax holiday goes into effect. As of Wednesday, June 1, New York is suspending certain taxes on fuel for the rest of the year to help limit the strain motorists have been feeling for months amid record inflation. The tax suspension will reduce prices by at least 16 cents per gallon statewide, with some counties offering additional savings to aid consumers who have struggled with rising gas prices. Related story - Gas Sales Tax Cap To Take Effect In Th…
Gas Prices In New York Reach Record High, AAA Says Gas Prices In New York Reach Record High, AAA Says
Gas Prices In New York Reach Record High, AAA Says Gas prices in New York have reached a new record high as the country deals with rising oil prices and nationwide inflation amid tensions overseas. On Monday, May 9, AAA was reporting that the average price per regular gallon of gas in New York has hit $4.52, the highest recorded average price in history. Likewise, truck drivers are also seeking relief at the pump, as the price of diesel fuel price also set a record on May 9 when it hit $6.38 per gallon. In New York, the price per gallon is up 17 cents from a week ago, 28 cents from a month ago, and $1.51 from May 9, 2021. Gas prices…
Concerns Increase As US Baby Formula Shortage Worsens Concerns Increase As US Baby Formula Shortage Worsens
Concerns Increase As US Baby Formula Shortage Worsens The months-long baby formula shortage that has plagued parents and retailers across the country is getting worse, according to reports. In the first half of 2021, the out-of-stock baby formula hovered below 10 percent in the first half of 2021, according to Datasembly, though that number has jumped above 30 percent between November 2021 and April 2022. According to reports, that rate has increased above 40 percent in certain states, with some completely selling out of formula during the week of Sunday, April 24. Original story - Parents, Retailers Deal With National Baby Formula Shortag…
Discount Supermarket CEO Makes ‘Price Promise’ Pledge As Inflation Rate Soars Discount Supermarket CEO Makes ‘Price Promise’ Pledge As Inflation Rate Soars
Discount Supermarket CEO Makes ‘Price Promise’ Pledge As Inflation Rate Soars With inflation skyrocketing across the country, causing the price of food and other merchandise to surge, one supermarket head vowed to keep a tight rein on costs for customers. Aldi US CEO Jason Hart penned a “price promise” letter to consumers this week making a pledge to keep costs down at the discount supermarket chain. Aldi CEO Jason Hart.Aldi “Saving you money is what we do best,” he wrote. “And in times like these, I’m incredibly proud to underscore this commitment to you: no matter what happens in the world around us, Aldi will always be the low-price leader in every community w…
Increases In Cost Of Eggs, Meat Linked To Bird Flu Increases In Cost Of Eggs, Meat Linked To Bird Flu
Increases In Cost Of Eggs, Meat Linked To Bird Flu With the avian flu detected in nearly half the states across the country, it has posed an unexpected price hike for consumers looking to purchase poultry, eggs, and other produce in advance of the spring holidays. Earlier this year, upwards of 25 states announced a rise in positive cases of a dangerous, easily-transmissible strain of avian flu. According to reports, the outbreak of bird flu has led to an unexpected rise in grocery bills, specifically on the price of meat and eggs, which have doubled in some states over the past several months since the flu was first recorded. The price hi…
Amazon Adds New 'Fuel, Inflation' Surcharge To Seller Fees For Prime Shipments Amazon Adds New 'Fuel, Inflation' Surcharge To Seller Fees For Prime Shipments
Amazon Adds New 'Fuel, Inflation' Surcharge To Seller Fees For Prime Shipments A new "fuel and inflation surcharge" on third-party sellers who ship through Amazon will be added by the e-commerce giant. The five-percent increase will take effect on Thursday, April 28, and will include products purchased before that date. The surcharge could apparently increase or decrease in the future. "In 2022, we expected a return to normalcy as COVID-19 restrictions around the world eased, but fuel and inflation have presented further challenges," Amazon stated in a memo to sellers obtained by NPR. "It is still unclear if these inflationary costs will go up or down, or f…
Inflation Plus War Equals Uncertainty For New York Consumers, New Poll Reveals Inflation Plus War Equals Uncertainty For New York Consumers, New Poll Reveals
Inflation Plus War Equals Uncertainty For New York Consumers, New Poll Reveals There is growing uncertainty among New Yorkers as the Ukraine conflict rages on and inflation continues to rise, according to a newly released Siena College poll. Pollsters said that the New York State Index of Consumer Sentiment has dipped to 68 percent, down more than five points from the last poll in the fourth quarter of 2021. The poll found that the sentiment for the first quarter of 2022 found that metro New York had a more optimistic outlook, with more than 73 percent expressing a positive sentiment versus upstate New York, which fell under 61 percent. Officials noted that New York…
Here Are Adjustments NYers Are Making In Response To Inflation, New Poll Reveals Here Are Adjustments NYers Are Making In Response To Inflation, New Poll Reveals
Here Are Adjustments NYers Are Making In Response To Inflation, New Poll Reveals Researchers have reported the findings of a new poll about the adjustments New Yorkers plan to make to their lifestyles in response to inflation. The Siena College Research Institute published the findings of an economic impact survey conducted in March. Researchers found that 26 percent of respondents said inflation is having a very negative effect on their personal finances, and 44 percent said it is having a somewhat negative effect. Eighty-seven percent of respondents reported that they are concerned about the cost of food in light of economic conditions and the war in Ukraine, and 80 …
Amazon Hikes Price Of Prime Membership Amazon Hikes Price Of Prime Membership
Amazon Hikes Price Of Prime Membership Even the world’s largest companies are not immune to inflation. Despite posting record profits, Amazon announced that it will be hiking up prices for its Prime membership, which will rise from $119 to $139 annually or from $12.99 to $14.99 monthly. It marks the first price increase for Prime members since 2018. Current Prime members will see the increase as of Friday, March 25, while new members will start paying the new price as of Friday, Feb. 18. The move comes after Amazon’s revenue rose to a record $137.4 billion in the fourth quarter of 2021, of which $14.3 billion was profit, repr…
Proctor & Gamble Plans Price Hikes For These Products Proctor & Gamble Plans Price Hikes For These Products
Proctor & Gamble Plans Price Hikes For These Products Proctor & Gamble plans to raise prices on some of its products, according to a new report. CNBC reported last week that the company has announced plans to raise prices on fabric care products, such as Tide detergent, and certain personal health care products. The rise in prices of fabric care products is set to take effect on Monday, Feb. 28, and the rise in prices for personal health care products will take place in April, CNBC reported. The news outlet said P&G has already raised prices across 10 other product categories. CNBC said the decision was made as inflation rates increa…
Dollar Tree Announces First Permanent Price Increase In Decades Dollar Tree Announces First Permanent Price Increase In Decades
Dollar Tree Announces First Permanent Price Increase In Decades Dollar and a Quarter Tree? For the first time in more than three decades, Dollar Tree announced that it will be increasing the prices for most of its items up to $1.25 as the country contends with surging inflation rates. In recent years, dollar stores have been veering away from that moniker, with many upping prices to as much as $3 or $5 for some items. The new prices are expected to be rolled out to each of the company's 8,000 stores by early 2022 after the company tested higher-priced items for months, to which officials said there was a “positive customer reaction,” after attempting…
On The Table For Thanksgiving: Higher Prices, Fewer Options Due To Supply-Chain Issues On The Table For Thanksgiving: Higher Prices, Fewer Options Due To Supply-Chain Issues
On The Table For Thanksgiving: Higher Prices, Fewer Options Due To Supply-Chain Issues The COVID-19 related supply chain issues and price increases are continuing to impact consumers across the United States ahead of the holidays.  The Seattle Times reported that many are having to spend more in preparation for Thanksgiving Day on Thursday, Nov. 25, as the prices of many products have increased.  The news outlet said supply chain issues including transportation expenses, bad weather and labor shortages have all factored into the ballooning prices, along with inflation.  According to a report from Texas A&M Today, AgriLife Extension livestock economist Davi…