Current:Home > reviewsThe Daily Money: Still no relief at the supermarket -Keystone Wealth Vision
The Daily Money: Still no relief at the supermarket
View
Date:2025-04-20 09:11:44
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! (5668)
Related
- What to watch: O Jolie night
- John Legend knows the obstacles of life after prison. He wants you to know them too
- See Peta Murgatroyd and Maksim Chmerkovskiy Meet Jenna Johnson and Val's Baby for the First Time
- Walking just 11 minutes per day could lower risk of stroke, heart disease and some cancers significantly, study says
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- 'Wait Wait' for April 22, 2023: With Not My Job guest 'Weird Al' Yankovic
- Lucy Hale Reflects on Eating Disorder Battle and Decade-Long Sobriety Journey
- Millions of people have long COVID brain fog — and there's a shortage of answers
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- 'Gone to the Wolves' masterfully portrays the heavy metal scene of the '80s and '90s
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Northern lights put on spectacular show in rare display over the U.K.
- Horror-comedy 'Beau Is Afraid' is a passion project gone astray
- Amid anti-trans bills targeting youth, Dwyane Wade takes a stand for his daughter
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- 'Are You There God?' adaptation retains the warmth and wit of Judy Blume's classic
- Trouble In Hollywood As Writers Continue To Strike For A Better Contract
- Paris Hilton Reveals Name of Her and Carter Reum's Baby Boy
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
'Succession,' Season 4, Episode 5, 'Kill List'
In 'Book Club: The Next Chapter,' the ladies live, laugh, and love in Italy
Transcript: Former Secretary of State Condoleezza Rice on Face the Nation, Feb. 26, 2023
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
#FindTheKetchupBoatGuy success: Heinz locates the man who survived nearly a month at sea by eating ketchup and seasonings
The summer movies, TV and music we can't wait for
Transcript: Reps. Mike Gallagher and Raja Krishnamoorthi on Face the Nation, Feb. 26, 2023