This Is Why Guacamole Costs Extra
Avocados are water- and labor-intensive crops, and they're getting more popular in the U.S.
Economy
FDA Concedes Delays In Response To Baby Formula Shortage
The FDA will also seek new authority to compel companies to turn over key information.
| AP and Scripps News Staff
Carbon Farming Is A New Way For Farmers To Make Extra Money
Thousands of farms had to shut down last year due to low profits. Now there's a new way for farmers to make money.
A New California Law Could Raise Minimum Wages
California Governor Gavin Newsom signed a bill that will give minimum wage workers more say in their pay and work conditions.
Americans Face Tough Decisions As Food Prices Continue To Soar
The price of bread and milk is up about 16% and 17% respectively, while eggs cost nearly 40% more than they did last year.
Why Is The Trucking Industry Changing?
During the pandemic the trucking industry struggled due to loss of drivers. Now the industry is picking back up as driver enrollment increases.
Biden: Rail Strike Averted Is 'Big Win For America'
A strike might have begun as early as Friday that could halt shipments of food and fuel at a cost of $2 billion a day.
| AP and James Packard
Retail Sales Up 0.3% In August From July Amid Inflation
Consumer spending accounts for nearly 70% of U.S. economic activity.
| AP
Possible Railroad Worker Strike Could Upend U.S. Supply Chain
There are 60,000 workers in two unions still demanding pay and time off concessions from rail lines, with no deal on the table yet.
Why Are We Scared Of A Recession?
Americans are worried about another potential recession, largely because of the effects on job security.
U.S. Inflation Falls For 2nd Straight Month But Remains High At 8.3%
Consumer prices were up 8.3% in August compared with a year earlier, but that was down from an 8.5% jump in July and a 40-year high of 9.1% in June.
| AP and Scripps News Staff
What Matters: Robert Reich On Recession Risks
Former Labor Secretary Robert Reich delivers stark warnings about what steps need to be taken to avoid a recession.
White House Officials: Inflation Relief Is Coming
Brian Deese, director of the White House National Economic Council, talks about what to expect from inflation and consumer costs.
What Matters: Inflation And Everyday Americans
In this episode of What Matters, Newsy and The Washington Post break down a key issue going into the election: consumer inflation.
Long-Term Mortgage Rates Now At Highest Point Since 2008
The 30-year mortgage rate jumped to 5.89% from 5.66% last week, according to mortgage buyer Freddie Mac. One year ago, the rate stood at 2.88%.
| AP
Americans Are Trying To Cope With Rising Inflation
People are struggling to cope with the effects of inflation. Newsy spoke with some consumers and small business owners about their experience.
How Are Gig Workers Faring In Today’s Economy?
Americans are now turning to "gig" work to make quick cash, and also have control over their own work schedules.
Robots Are A Growing Part Of U.S. Workforce
Experts are pleased with how quickly robots are being added to the workplace. A mechanized future is well on its way.
What To Expect From Labor Day Travel
Labor Day Weekend could be one of the most expensive in years for travelers as airline staffing shortages continue and pilots demand pay increases.
Inflation Hits Record 9.1% In Countries Using The Euro
In the 19 countries using the euro currency, inflation rose 0.2% from a record high 8.9% in July, according to the EU statistics agency Eurostat.
| AP
New Data Shows How Americans Are Handling Inflation
As inflation rises, consumer confidence has risen, housing prices have slowed and there are now more job openings.
Higher Interests Rates Are On The Horizon
Federal Reserve Chairman Jerome Powell said "some pain is coming to households and businesses" as interest rates rise.
Powell: Fed Could Keep Lifting Rates Sharply 'For Some Time'
Since March, the Fed has implemented its fastest pace of rate increases in decades to try to curb inflation.
| AP and Scripps News Staff
Inflation Eases As Consumer Prices Rise 6.3% In July, Down From June
Consumer prices were up 6.3% in July from a year earlier, down slightly from an annual 6.8% increase in June, according to the Commerce Department.
| AP and Scripps News Staff
Is A College Education Still Worth It?
Collegiate experts agree that a college degree is still generally worth the time and money.
Referee Shortage Could Put An End To Some States' Friday Night Lights
A referee shortage may force some schools to spread referees throughout the week, instead of the usual weekend games.
No Relief From Skyrocketing Rent Prices Nationwide
Many Americans are frustrated with inflation and having to shell out hundreds of extra dollars for rent as it increases across the country.
Housing Market Is Cooling Off, But Interest Rates May Pause Price Drop
Sellers are taking advantage of the market, driving down prices with more inventory, but interest rates might not make affordability better.
Stocks Slip On Wall Street, Erasing Weekly Gains For S&P 500
Pricey technology companies and retailers had some of the biggest losses. Utilities and energy stocks held up better than the broader market.
| AP and Scripps News Staff
U.S. Retail Sales Were Flat In July As Inflation Takes A Toll
Overall spending has weakened, and it has shifted increasingly toward necessities like groceries and away from discretionary items.
| AP and Stephen Graddick IV
