Home / Tag: inflation

Tag Archives: inflation

Despite popularity of artificial trees, sales of natural Christmas trees remains strong

christmas trees

‘Tis the season for Christmas trees. Even with many Americans opting for artificial trees, natural trees remain a big business. More than 100,000 seasonal workers will sell between 25 million and 30 ...

Read More »

Thanksgiving will still cost 20% more than five years ago

thanksgiving years

While you can be grateful your Thanksgiving meal will cost less than last year, it still reflects a whopping increase since just a few years ago. The American Farm Bureau Federation released ...

Read More »

Majority of congregations are in excellent or good financial health

overtime congregations financial

More than six in 10 religious leaders report that their congregation is in excellent or good financial health, according to the Exploring the Pandemic Impact on Congregations research project released this week ...

Read More »

July 4 cookouts soar to record high cost

cookouts

This week’s patriotic cookouts found celebrants facing higher prices…again.  Independence Day and weekend get-together meals cost $71.22 for 10 guests this year, according to the American Farm Bureau Federation’s 2024 annual market basket ...

Read More »

While giving is up, inflation erodes its power

inflation giving

The good news is giving is up but inflation takes its toll. Individuals made up 67% of giving, an increase from 64% during 2022. Foundations contributed 19% of all philanthropy tracked compared ...

Read More »

AAA expects Memorial Day travel to be near record levels

strong aaa

More than 42.3 million Americans are expected to travel 50 or more miles from home this weekend, a 7 percent increase from two years ago, according to AAA. “This is expected to ...

Read More »

Even Kevin McCallister from “Home Alone” would feel squeezed by current inflation

mcallister

In a scene from the 1990 holiday movie “Home Alone,” 8-year-old Kevin McCallister went grocery shopping by himself. He purchased a number of grocery and household items for less than $20. Times ...

Read More »

Walmart, Aldi offering price relief for Thanksgiving, Christmas meals

aldi walmart retailers

Despite persistent inflation, there is a bit of good news for consumers as the holiday season approaches. Walmart and Aldi both announced they will reduce prices for Thanksgiving and Christmas meals. The ...

Read More »

California raises fast-food wage to $20 per hour

California $20

Fast-food workers in California will now make $20 per hour. According to ZipRecruiter, as of Sep 21, 2023, “the average hourly pay for an Entry Level Rn in California is $28.94 an ...

Read More »

JPMorgan’s Jamie Dimon: U.S. unprepared for ‘worst case’

Simon

JPMorgan CEO Jamie Dimon is issuing a stark warning, stating many U.S. businesses and investors are unprepared for the possibility of the Federal Reserve raising interest rates to a staggering 7 percent. ...

Read More »

Technology pressures consumers to tip at self-checkout

Families squeezed by high inflation now are being asked to leave a tip even at many self-checkout kiosks. Many companies, including airports, bakeries, coffee shops and sports stadiums, have now introduced the ...

Read More »

U.S. households added $320 billion in debt last year

households debt

U.S. households continue to struggle, adding $320 billion in debt last year.  It marks the highest level since the 2008 financial crisis which saw millions lose their homes. Households owe a combined ...

Read More »

Used car prices in historic spike as new car prices up 42%

February is seeing the sharpest increase in used car prices in 14 years as the economy continues to struggle under historic inflation. From January through the Feb. 15, wholesale used-vehicle prices increased ...

Read More »

Kansas City’s AMC Theatres to charge you more for better seats

Moviegoers looking for good seats soon will have to pay more at Kansas City-based AMC Theatres. The three-tiered seating system announced this week includes “value sightline, standard sightline and preferred sightline sections,” ...

Read More »

Home values drop, new construction down 60 percent

Home real estate prices continue to drop but there could be much more to come, data and economists say. The median home price has dropped by about 7 percent since its peak ...

Read More »

Economy impairs ministries providing Thanksgiving meals

High inflation and a slow economy are making it harder for local shelters to feed the needy this Thanksgiving. Shelter KC, which will serve nearly 4,000 meals this week, is feeling the ...

Read More »

City Union Mission says increased food, housing need at crisis level

meals city crisis

A perfect storm of food costs and winter temperatures poses a looming crisis for City Union Mission. The Christ-centered organization, which provides homeless men, women and children with shelter, clothes, food and ...

Read More »

Thanksgiving inflation may mean eating out is most economical

With inflation soaring, it may be less expensive for some families to eat this year’s Thanksgiving meal at a restaurant. For a list of open restaurants, see below. Grocery inflation is rising ...

Read More »

Political experts share predictions for outcome of Tuesday’s elections

political predictions caucus missouri

Voters finally will go to the polls on Tuesday to determine the makeup of the U.S. Senate and House, as well as the governorships of several key states. Fox News asked political ...

Read More »

Sticking to a budget is critical during Christmas season, Dave Ramsey’s daughter says

christmas budget

After cutting back on Christmas spending a year ago, many consumers plan to buy more presents this year. Rachel Cruze, the daughter of Dave Ramsey, encourages them to enjoy the season but ...

Read More »

As a millennial I paid off $20,000 of debt in 6 months

millennial debt

It seems as if it’s almost impossible for a Millennial or GenZ to get ahead financially these days. Record inflation, insane gas prices, and a tough housing market are just a few ...

Read More »

Troubled economy has hurt churches, slight majority of Protestant pastors say

economy inflation graph finances missouri recession

Just more than half of Protestant pastors in the United States believe current economy is having a negative impact on their churches, a new survey from Lifeway Research found. By contrast, just ...

Read More »

Harvesters food bank feeling pinch of high inflation, reduced federal funding

Harvesters food bank

Harvesters food bank, which serves 760 member organizations in 26 counties in Missouri and Kansas, is being squeezed by high inflation and reduced federal funding. “We’ve sort of gone from a pandemic ...

Read More »

Gov. Mike Parson signs tax cut for Missouri families and farmers

Missouri families battling record inflation will find some financial relief at tax time. Gov. Mike Parson signed legislation to cut personal income taxes in the state. He also signed HB 3 into ...

Read More »

Heating costs to soar this winter

Families already dealing with record inflation likely will face soaring heating costs as well this winter. The news comes as President Biden was criticized for saying energy companies can just lower prices ...

Read More »
X
X