Halloween Candy Sales Slump as High Gas and Chocolate Prices Squeeze Shoppers
NielsenIQ data show sales down 6.7% in the month ending Oct. 17, with only small bags gaining.
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Producer Prices Jump Most in 4½ Years as Gasoline Costs Feed Inflation
Thursday’s Labor Department report showed broad gains in goods and services, keeping another Fed rate hike in play this month.
U.S. Toy Prices Jump 6.6% Ahead of the Holidays as Tariffs and Energy Costs Bite
Parents face a double hit from import tariffs and higher petroleum costs that feed into plastics and shipping.
September Retail Sales Jump 0.8% as Higher Gas Prices Pad the Total
The gain beat forecasts, but spending outside gasoline looked only moderate, tempering hopes for another blockbuster consumer quarter.
Social Security Benefits Will Rise 3.6% in 2027, About $75 a Month on Average
About 72 million beneficiaries see the bump in January. SSI increases start Dec. 31. The COLA tracks September’s hotter inflation reading.
Inflation Jumps to 3.7% in September as Gas Prices Surge
Consumer prices rose 0.6% in a single month, the fastest pace in a while, raising the odds of a Fed rate hike and adding pressure ahead of the midterms.
Fed Minutes Show Most Officials Expected Another Rate Hike by Year-End
The September meeting minutes, released Oct. 7, cited elevated inflation and energy prices. The 10-year Treasury yield hit its highest level since 2002.
Arizona Faces Growing Housing Affordability Crisis, ASU Report Reveals
Arizona’s housing affordability crisis has deepened as rent prices and home costs continue to soar. A recent report from Arizona State University’s Morrison Institute for Public Policy highlights the stark financial realities faced by many residents in the Grand Canyon State. John Martinez, a resident of downtown Phoenix since 2018, shared his experience with ABC15:…