Summit Trucking president Bart Plaskoff said he was paying $70,000 more a week for diesel fuel as the shortage grew at Varney & Co. Dwindling diesel inventories have driven prices to a record premium over gasoline and crude oil, showing how war, weather and other disruptions in global energy markets continue to produce price shocks …
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Middle-class shoppers, hit by decades-long high inflation, turned to discount supermarkets, which boosted sales at Walmart and Dollar General. Although inflation has fallen to 7.7%, it remains stubbornly high as Americans have felt the pain at grocery stores, with many opting to seek out better deals. While bread and milk are $4.79 and $8.99 respectively …
According to the Bureau of Labor Statistics, some cities and states are fighting the ongoing inflation crisis in the United States better than others. On Thursday, it was reported that inflation had moderated in the United States last month, a sign that the price increases that have hit Americans are easing as the economy slows …
Some financial analysts predict that there will be a recession in the next 12 months. A recession, accompanied by inflation and rising interest rates, could have a real impact on Americans’ wallets. It’s time to make your finances more resilient before the economic downturn begins. With inflation at its highest level in 40 years and …
