Inflation Is at a 40-Year High — Again
GridThe Russian invasion of Ukraine jolted food and gas prices higher, but that’s not the whole story.
American consumers are facing the worst inflation in four decades, with prices rising 8.5 percent over the last year, according to March 2022 Labor Department figures. So why is (almost) everything getting more expensive? Here's what you need to know about the economic forces driving higher prices, how consumers are coping, and when the pain might end.
How Soaring Inflation Forces Stark Choices
NPRFrom rising rent to higher heating bills, surging inflation impacts everybody, but it poses a particular hardship for people with little extra money to spare.
This Cheeseburger Explains Your Bigger Grocery Bill
POLITICOAmerican consumers are seeing food prices rise at the fastest rate in decades. Supply chain snarls, labor shortages and climate challenges (plus the conflict in Ukraine) share the blame.
Why Thinking About Inflation Leads to More Inflation
The HustleAmerica is dealing with its worst inflation in nearly 40 years. It could get worse if inflationary psychology takes hold.
Why Inflation May Have Already Peaked
AxiosThere’s good news and bad news in the recent inflation report.
How Companies Are Hiding Inflation Without Charging You More
QuartzShrinkflation is causing consumers to pay the same or more for less.
Inflation Is Hurting Women at the Grocery Store. Some Are Eating Less in Order to Feed Their Families.
The 19thAs grocery prices rise, women have few places to turn. Some report skipping meals, federal food benefits have not kept up and food pantries are also starting to feel the impact.
As Inflation Soars, How Is AriZona Iced Tea Still 99 Cents?
Los Angeles TimesGas is nearly six bucks a gallon. Groceries are 8% higher than last year. Dollar stores: now dollar-and-a-quarter stores. But a giant, 23-ounce can of AriZona iced tea still costs 99 cents, the same price it has been since it hit the market 30 years ago.
How to Deal With Inflation
ShondalandFeeling stifled by rising prices? These savvy financial tips will help you save and invest your money.