Inflation – Jobber Wiki

Egg prices are falling back to their normal levels

14Mar

By Jobber WikiNo Comments

Business

Egg prices are falling back to their normal levels

Inflation cools as Fed weighs interest rates Consumer Price Index shows inflation cooling; Fed to decide on interest rate hike next week 03:32 Egg prices are tumbling after five months of price hikes that drove some consumers to smuggle cheaper eggs from Mexico.Prices fell 6.7% in February, according to Consumer Price Index data released Tuesday. That comes after egg prices jumped each month starting in October, pushing the average ...

Affordable homes in the U.S. are becoming fewer

4Mar

By Jobber WikiNo Comments

Business

Affordable homes in the U.S. are becoming fewer

The cost of buying a home is drifting further out of financial reach for the average American, according to a report from Redfin. The real estate website analyzed homes that went on sale last year and found that only 21% of them were affordable, meaning that nearly 80% of homes were outside the typical buyer's budget. By comparison, about 60% of homes were considered affordable in 2021, the report released Friday found. Redfin Deputy Chief Economist Taylor Marr said those stats boil down to one truth: housing affordability is at its lowest point in history. "Many millennials were able to buy their first home before or during the pandemic homebuying boom, but many others were priced out of homeownership and forced to keep renting," he said in...

Economic struggles force some retirees to move in with family

4Mar

By Jobber WikiNo Comments

Business

Economic struggles force some retirees to move in with family

Economic struggles force some retirees to move in with family - CBS News Watch CBS News Home shortages and inflation have forced many retirees to move in with family members. The trend has also contributed to the growing popularity of housing options such as accessory dwelling units. Carter Evans has more. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

Commerce Dept. Issuing Aid to Build Computer Chip Plants

28Feb

By Jobber WikiNo Comments

News

Commerce Dept. Issuing Aid to Build Computer Chip Plants

WASHINGTON (AP) — The Commerce Department is opening the application process for computer chip manufacturers to access $39 billion in government support to build new factories and expand production.The funding is part of the CHIPS and Science Act, which President Joe Biden signed into law last August. Grants, loans and loan guarantees are meant to revive domestic production of computer chips.The effort is designed to sharpen the U.S. edge in military technology and manufacturing while minimizing the kinds of supply disruptions that occurred in 2021, after the start of the coronavirus pandemic, when a shortage of chips shut down factory assembly lines and fueled inflation.“This is fundamentally a national security initiative,” Commerce Secretary Gina Raimondo said as the application proc...

The CDC Wants To Modernize Its Healthcare Data Infrastructure

26Feb

By Jobber WikiNo Comments

Health

The CDC Wants To Modernize Its Healthcare Data Infrastructure

Public health policy initiatives and community health outcomes have never been more important. On a global scale, this is generally managed by the World Health Organization, an agency empowered by the United Nations to guide international public health. In the United States, the Centers for Disease Control and Prevention (CDC) spearheads national public health policy. The organization is “the nation’s leading science-based, data-driven, service organization that protects the public’s health. For more than 70 years, [the CDC has] put science into action to help children stay healthy so they can grow and learn; to help families, businesses, and communities fight disease and stay strong; and to protect the public’s health.” Understandably, leading something as expansive and as crucial ...

U.S. consumers undeterred by inflation, new numbers show

26Feb

By Jobber WikiNo Comments

Business

U.S. consumers undeterred by inflation, new numbers show

U.S. consumers undeterred by inflation, new numbers show - CBS News Watch CBS News Although U.S. inflation continues to remain high, it's not stopping Americans from spending on everything from everyday essentials to pricey vacations. A Commerce Department report released Friday found that consumer spending rose 1.8% in January. Michael George has the details. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

Apple Hardware Will Change The Face of Consumer Healthcare

25Feb

By Jobber WikiNo Comments

Health

Apple Hardware Will Change The Face of Consumer Healthcare

Undoubtedly, Apple has made its mark on the world. More than 2.2 billion iPhones have been sold to date, upending the entire smartphone market. The company not only created a world-class hardware and software product, but also introduced a cultural paradigm regarding mobile phones. Indeed, with the advent of the iPhone, society started viewing the cell phone as a part of the human body— to the point of experiencing a sense of disorientation and loss without the presence of a phone at all times. The company has since expanded far beyond just the original iPhone and has created an entire ecosystem of applications and software. Specifically, Apple has made incredible strides in the realm of healthcare, especially with regards to its hardware. One of the company’s most celebrated achieve...

Regina small business have surging energy bills amid SaskPower rate increases

24Feb

By Jobber WikiNo Comments

Global News

Regina small business have surging energy bills amid SaskPower rate increases

Inflationary costs and rising energy bills are affecting business in Saskatchewan, and a Regina small business owner is hoping to get the province’s attention. “We’re a business that’s open about 20 hours of the day, so our power is constantly running. And that’s definitely been one of the biggest challenges that we’ve noticed, as far as inflation,” said Morgan Choquer, part owner of The Cure Kitchen and Bar in Regina. Read more: Saskatchewan residents struggling to pay power bills in wake of rate hikes Read next: Part of the Sun breaks free and forms a strange vortex, baffling scientists Choquer said they’ve seen $300 to $400 a month minimum added on to their energy bills.“We’re all feeling a bit of a crunch, a bit of a struggle....

Mom struggling to make ends meet left ‘teary-eyed’ after $100 mailed to her by stranger

24Feb

By Jobber WikiNo Comments

Global News

Mom struggling to make ends meet left ‘teary-eyed’ after $100 mailed to her by stranger

While inflation takes its toll on many households, so does the inherent goodness of some people. Global News kicked off the new year with a six-week Out of Pocket series, looking at the toll cost of living increases are having across the country.Chantel Greene is a single mom who works full-time managing the car wash and laundromat at Fisher River Cree Nation, a three-hour drive north of Winnipeg.On that income she supports her father and her 12-year-old daughter Chantay, who has unique needs associated with autism. Read more: Meet a Manitoba mom forced ‘to basically eat stuff from a can’ to survive financially Read next: Part of the Sun breaks free and forms a strange vortex, baffling scientists Greene has a budget of $1,800. Aft...

Consumer Sentiment Improves Modestly In February | Economy

10Feb

By Jobber WikiNo Comments

News

Consumer Sentiment Improves Modestly In February | Economy

Consumer sentiment ticked up modestly in February, even as Americans grew a little less optimistic about future conditions, according to the monthly survey from the University of Michigan released on Friday.The overall index rose 1.5 points to 66.4. While the reading of current economic conditions rose by 6.1%, the expectations index fell by 0.6%.It was the third month of improvement, but the overall index is still off 14% from two years ago.“Recent developments in the economy, both positive and negative, have led to mixed attitudes among consumers with little net change in February,” said Joanne Hsu, the survey’s director.“Overall, high prices continue to weigh on consumers despite the recent moderation in inflation, and sentiment remains more than 22% below its historical average sinc...