Fact check: Trump falsely claims gas prices hit $1.98 in some states
President Donald Trump falsely claimed Thursday that some states saw gas prices fall to just $1.98 on Wednesday.
Prices, affordability, and consumer costs
122 articles
President Donald Trump falsely claimed Thursday that some states saw gas prices fall to just $1.98 on Wednesday.
This is something to watch again. Here is another monthly update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Len...
Dollar Tree is raising prices to $1.50 on some items that used to cost $1.25. Employees are putting red stickers over items to note the change.
Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income shoppers. But now the FICO credit scoring company will be tracking that debt.
CBC's Marketplace rounds up the consumer and health news you need from the week.
Four years ago Hilton eliminated free breakfast as a benefit for Honors Gold and Diamond members at U.S properties. In its place they offer a small food and beverage credit that can be used at any time throughout the day. Continue reading Hilton Took Away You…
(Reuters) -Physical gold demand in India improved slightly this week as a price pullback lifted buying interest among consumers, while activity in other top ...
Republicans highlight the positives, Democrats the negatives in latest US CPI report; experts say the data is mixed.
Tariffs: A grocery shopper's guide... (Second column, 2nd story, link) Related stories:Marjorie Taylor Greene Shares Video of Woman in Tears Over Financial Stress: 'UNACCEPTABLE'... Job market gloom not this bad since Great Recession...…
An economist explained why U.S. prices haven’t surged yet -- and when tariffs will start raising costs for consumers in America.
Starting Thursday, you can expect to pay more for a new PlayStation, thanks to "a challenging economic environment."
In a surprising turn, Sony confirmed a price increase for its PlayStation 5 consoles in the U.S., effective August 21, as economic pressures mount. This hike follows similar rises by Microsoft and reflects ongoing challenges in the gaming hardware market.
Sony is raising PS5 prices in the US, with every system going up by $50. The company said it is continuing to "navigate a challenging economic environment" and will pass the cost on to consumers in the form of higher prices. The new prices go into effect on A…
Walmart said it managed to avoid some of the price hikes it expected last quarter, but its costs continue to increase each week.
"Slop bowl" places like Chipotle or Cava were all the rage in the 2010s. Now, diners are opting for spots that offer more value.
On Friday, the U.S. is ending its de minimis rule that made it easy for cheap goods to reach consumers. The change will affect roughly 4 million such packages processed each day.
My end of Summer, 3-day weekend reads: • Walmart and Other Retailers Have Eaten the Cost of Tariffs. Now It Is the Consumer’s Turn. While the last quarter’s sales were strong, price increases could be felt starting now. (Barron’s) see also No More Free Ride f…
But there were other signals that economists watch closely, because they mean households may be dipping into savings to sustain purchases.
Collectively, six diagnostic Minsky indicators suggest that in 2025 the U.S. economy has become more fragile, and more vulnerable to a financial crisis.
This is something to watch again. Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumb...
The price of gold has soared as investors seek out safe havens amid heightened economic uncertainty.
The US added far fewer jobs in August than the expected gain of 75,000, while unemployment increased to 4.3%.
The unemployment warnings are linked to lower interest rates
Job growth revised down by 911,000... (First column, 1st story, link) Related stories:Economy shakier than realized... Consumers hit with shock tariff bills... GALLUP: SUPPORT FOR CAPITALISM AT NEW LOW...
Microsoft cites challenging "macroeconomic" environment for the price increases, which sees the Xbox Series X hit a whopping $649.99.
If it seems like it’s getting more expensive to replace a broken door, kitchen fixtures, or upgrade a major appliance, you’re not wrong. The cost of home repair and remodeling projects is up compared to a year ago and running ahead of inflation overall, ac…
Why a protracted US shutdown could seriously damage an already faltering economy.
Gold's explosive growth this year is showing no signs of a slowdown. In fact, State Street sees a new milestone for the precious metal coming soon.
Impact of Trump tariffs is beginning to show in US consumer prices Subscribe to unlock this article Save 40% on Standard Digital was $540 now $319 for your first yearSave now on essential digital access to quality FT journalism on any device. Saving based on …
Don't jump on a Prime Day deal until you check the price history.
The price of gold has soared 50 percent in 2025. Experts say the 'safe haven' asset is becoming an all-occasions asset.
Wealth idled, to our near and long-term detriment.
Gas utility bills are rising even though natural gas prices are down. That's because a much larger share of your gas bill now goes to infrastructure instead of fuel.
Some Canadian jewelry brands are raising their prices as a surge in demand for gold — incited by investors' fears of a shaky economic outlook — pushes the market for this precious metal to record highs.
The rising costs of coffee beans are keeping roasters and their customers on edge. Retail coffee prices jumped nearly 21% in August compared to the same time last year, and the Trump administration’s tariffs are partially to blame: In July, Brazil was slapped…
Investors have been gripped by gold fever this year, with prices for the precious metal steadily climbing for months.
A recent uptick in prices has coincided with a sharp slowdown of hiring.
The biggest increases came from the surging price of petrol, according to the report.
Trump said he's ending trade negotiations with Canada after a negative TV ad.
MTG admits prices under Trump ‘have not come down at all,’ says young Americans have ‘no hope’ of buying homes More than nine months into his second term, President Donald Trump is struggling to deliver on a key campaign promise: making life more affordable. …
By Jason Lange WASHINGTON (Reuters) -Donald Trump's presidential approval rating fell in recent days, tying the lowest level of his term, as more Americans...
Halloween candy hauls will shrink as prices soar The post Trump Take Candy appeared first on Kotaku.
Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 202...
There’s inflation as measured by the BLS (CPI), and there’s inflation as measured in gold.
The analysts wrote in a note on Friday that consumers have covered about 50% to 70% of the cost of tariffs to date.
About 7 in 10 Americans are spending more on groceries compared to last year.
Trump's tariffs are raising tens of billions of dollars for the federal government. They're also costing consumers, frustrating businesses and hurting the factories they're supposed to help.
Competition, whether from overseas rivals or second-hand goods, has kept the price of furniture relatively low. New tariffs may boost U.S. makers — and raise prices.
The president's claim is a little undercooked.
Forecasts point to high holiday spending this year — mostly because everything is so expensive.
As food prices climb and budgets tighten, Nara Smith’s “grocery store couture” feels both surreal and revealing
The rapid-fire process of killing the penny is already causing some disruption.
The government minted the final one-cent coin in Philadelphia, though billions remain in circulation.
The White House DOGE was right: the penny has been a drain on the economy and should have been phased out long ago.
The US is set to make its final penny. The Philadelphia Mint will strike its last batch of one-cent coins on Thursday, after more than 230 years of production. From a report: The coins will remain in circulation but the phase-out has already prompted business…
Panicked advisers to Donald Trump are reportedly urging the president to stop dismissing Americans’ financial anxieties and insisting there is no cost-of...
Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 202...
The White House told America to 'suck it up' on high prices. After Mamdani's win, where affordability was a key issue, Trump is scrambling to reverse.
Stocks tumbled on Monday, extending a dayslong slide.
There will be no more new US pennies, but 300 million are still in circulation -- and the final five are special.
A much needed, detailed debunking of Trump's claim that Thanksgiving meal costs, and by implicaiton inflation, are declining.
Markets anticipate, which helps explain why so-called “money printing” occurs after the inflation.
Sen. Adam Schiff (D-Calif.) said Sunday the price of this year’s Thanksgiving turkey is set to rise a “whopping 40 percent.” “So, we’re coming up on...
Despite White House claims, prices on key staples are on the rise, including cranberry sauce and potatoes.
Are your old pennies worth millions? Experts say you shouldn't bank on it.
Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 202...
Economic growth is all about falling prices, and the iPhone is pushing them down relentlessly.
Fifty-two-year-old Dinam Bigny sank into debt and had to get a roommate this year, in part because of health insurance premiums that cost him nearly $900 per...
His messaging on the cost of living contradicts itself.
President Rages After FOX Guest Skewers Him Over Rising Prices... (Top headline, 3rd story, link) Related stories:Trump struggles to persuade Americans to ignore affordability issues... 'People aren't dumb'...
As the Republican Party flails on the cost-of-living crisis, President Donald Trump kicked off his Saturday morning with an attack on his beloved Fox & Friends for prodding that sensitive subject.The show on Saturday hosted Peter Schiff, a stockbroker and fin…
Certified financial planner Shannah Game joins ABC News Live to discuss how families can create more joy this Christmas while keeping their budgets in check.
Donald J. Trump kicked off his morning on Truth Social to whine about a guest on Fox and Friends who dared to criticize the economy under this president. But as Fox News's Jesse Watters said yesterday, "For better or for worse, it's going to be the Trump econ…
President Trump is hitting the road this week to address Americans' affordability concerns head-on. But it's a trip that comes as his rhetoric and actions...
The weak dollar supported demand for bullion, as it makes gold cheaper for overseas buyers.
Donald Trump may have dismissed US cost of living issues as a "hoax," but his most loyal supporters are feeling the pinch -- even if they still back the...
A small case study of nearly 200 grocery shoppers in four cities using the Instacart app found three-quarters of the same grocery items were offered at different prices.
Here's how expensive it really is in America right now, in 10 charts.
Gas prices in Colorado have fallen even farther than the national price drop, and some drivers can see prices as low as $1.69.
An InMarket report found that, though consumers favor store brand coffee as prices continue to rise, Starbucks products remain their top choice.
By Julia Harte Dec 13 - When Ron Dailey goes out to eat, he is shocked by prices on the menu.
Donald Trump has revealed the White House’s domestic priority, and it’s not bringing down costs or addressing the looming healthcare crisis. Speaking at a...
Special collector sets of the final batch of US pennies ever made set a record at a specialized coin auction site.
On a recent December day, Mark Latino and a handful of his workers spun sheets of vinyl into tinsel for Christmas tree branches. They worked on a custom-made machine that’s nearly a century old, churning out strands of bright silver tinsel along its 35-foot (…
Matt McClain, petroleum analyst with GasBuddy, joins ABC News Live to explain what’s driving lower gas prices and whether they are expected to keep falling into 2026.
Gold prices have crossed the $4,500 an-ounce mark for the first time. Silver and platinum have also reached record highs. This surge is fueled by investor demand for safe assets and anticipation of more U.S. interest rate reductions next year. The U.S. dollar…
Rising electricity costs have emerged as a key cost-of-living concern, pushing families further into debt.
By Ishaan Arora Jan 16 (Reuters) - Gold extended its losses on Friday after stronger-than-expected U.S. economic data dampened expectations of the U.S.
“Gold heads for best week since 2008” is not exactly a headline that makes you feel all warm and fuzzy inside, but such is the present state of the American economy.
My end-of-week morning train WFH reads: • Five Reasons Gold Is Surging Toward $5,000 an Ounce: Buying the precious metal has become the antidote for market jitters (Wall Street Journal) • Rich Americans Had a Good 2025. Everyone Else Fell Behind: The top 1% o…
CME Group has raised margin requirements for gold and silver futures after historic price crashes triggered extreme volatility. The hikes, effective Monday, aim to stabilise markets as collateral demands rise across precious metals. The move follows steep dec…
Citi’s $150 silver target frames the metal as a high‑beta macro barometer where Chinese buying, structural supply deficits, and safe‑haven flows justify a...
Analysts see various factors at play for price swings, from Trump's unpredictability to distrust in economic systems.
Shopper attitudes remain below where they registered a year ago, data showed.
By Tim Reid WASHINGTON, Feb 7 (Reuters) - Donald Trump has cast himself as Republicans’ chief messenger on the cost of living in an election year, but a...
With average credit card interest rates topping 22%, many consumers have found themselves deeper and deeper in debt.
How not to solve the cost-of-living crisis
Monday brought a small drop in gold prices, a contrast to the robust gains of the previous trading day. The latest inflation report from the U.S. was softer than expected, raising expectations for interest rate cuts by the Federal Reserve.
About two-thirds who don’t own a home don’t think they’ll be able to afford one.
'It’s very much like the early ’70s … what do you put your money in?'
Democratic senators have pitched the Gas Prices Relief Act.
"GMA" looks at why Easter baskets are getting more expensive this year as chocolate prices climb.
Expensive plane tickets are a preview of what could come next.
If he could read, he'd be so mad right now.View Entire Post ›
Everything is getting more expensive.
Americans have never felt worse about the economy, based on the University of Michigan Consumer Sentiment Index. Gas prices are partially to blame.
Nearly three-quarters say the economy is getting worse.
Gas prices reached a new 2026 record on Wednesday as tensions in the Middle East continue.
"This is not the way I thought my retirement was gonna turn out," one said.
Beef costs have hit a record high, and the restaurants built around brisket and ribeye are the first to bleed—though not all of them.
Welcome to June! Kick off your back-to-work with our expertly curated morning reads: • The Lowest Consumer Sentiment EVER: We are currently sitting at the lowest level of consumer sentiment in the past 75 years!. Lower than the Great Financial Crisis when the…
Fresh inflation data now suggests the challenge may be deeper and longer lasting than many expected.
Inflation is on the rise, but the Trump administration doesn’t seem concerned.
President Donald Trump has called for the Department of Justice to "immediately start looking into" oil companies as he accused them of price gouging.
Some of the recent Apple price hikes exceeded 50%, while the cost of upgrading memory and storage has literally doubled in some cases. The company has said that it’s “working tirelessly to find solutions” to the problem, but when might we expect prices to rev…
There’s a Grocery Price Emergency in America. “Our research shows that even relatively well-off families are struggling with high prices… President Trump and Congress are neither investing in long-ter
I'm keeping track of Trump's economy right here. Every month. Enjoy!View Entire Post ›
In a post on Truth Social, Trump said Walmart would reduce the price of a pound of ground beef by "almost" 15%.
I brought the same shopping list to Walmart, Kroger, and Amazon to see which has the best grocery prices, especially amid Walmart's rollbacks.