ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | Daniel de Visé | Personal Finance Reporter
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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. |
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. |
📰 More stories you shouldn't miss 📰 |
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. |
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. | | | | Grocery inflation has cooled since its 2022 peak, but consumers say they are still struggling with higher food prices. | | | | | The annual summer scramble for camp and daycare coverage is underway. Prices are rising. | | | | The woman said she would not have bought the Reese's pumpkin candy if she knew the chocolate did not have the intricate face details on the packaging. | | | | President Joe Biden and former President Donald Trump sparred over their economic records during Thursday night's presidential debate. | | | | A look at the economic plans of Trump and Biden. Trump would raise tariffs, restrict immigration and extend tax breaks for companies and the wealthy. | | | | The Big Three automakers took high marks in J.D. Power's Initial Quality Study. See where your favorite car brand ranked. | | | | Walgreens said Thursday it is planning to close a significant amount of its underperforming stores in the United States. | | | | Software supplier CDK Global said a small number of car dealers had hacked computer systems return during testing as cyberattack response continues.. | | | | Damage to homes from lightning strikes is on the rise, according to the latest data from State Farm. | | | | Google's newest shopping search updates includes a deals destination, membership pricing and price tracking. | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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