Tag: Inflation

RENT TRENDS: Higher mortgage rates mean less homebuyers, more rente

RENT TRENDS: High mortgage rates could mean fewer homebuyers, more renters and steeper costs

Nationally, a staggering 95% of apartment units are up in price compared to May of last year. Some of the biggest rent increases have been in midsized cities, including Rochester. Data shows average price of two-bedroom units in Rochester up 58% Jon ... MORE
Inflation remains high, rent prices continue to climb in New York and across nation

Inflation remains high, rent prices continue to climb in New York and across nation

Rent prices keep climbing. Rent.com recently released its report on April 2022 rent trends, which showed that national average rent prices for one and two-bedroom apartments are up by 27% and 26%, respectively, compared to this time last year. Rent prices in ... MORE
Did stimulus checks ruin the economy? Stimulus payments have caused many issues with Americans, states, and the IRS

Did stimulus checks ruin the economy? Stimulus payments have caused many issues with Americans, states, and the IRS

The answer to financial struggle during the pandemic was stimulus checks, but they may have aided in inflation, as well as cause issues with people, states, and the IRS. Millions of Americans suffered both health issues and job loss during the pandemic, ... MORE
Inflation: Minimum wage in New York State amid inflation

Inflation: Minimum wage in New York State amid inflation

As the United States faces alarmingly high rates of inflation, New Yorkers making the minimum wage for the state are finding themselves struggling. The minimum wage in NYC, Long Island, and Westchester County is set at $15 per hour as of Dec ... MORE
Inflation, News
Inflation in the US: Have any items dropped in price?

Inflation in the US: Have any items dropped in price?

Inflation has hit a new high, the highest it has been in 40 years. However, there are some items that have gotten cheaper. SSDI: Millions waiting on applications, here’s how to speed it up Why is inflation so high right now? The ... MORE
Inflation, News, Prices, Shopping
Inflation: How rising prices are impacting Americans

Inflation: How rising prices are impacting Americans

Inflation only continues to rise, and has now reached 8.5% for the month of March in 2022. Americans are really feeling the financial strain. Americans are feeling the financial strain as inflation breaks records, reaching the highest point is has since 1981 ... MORE
Inflation, News
Inflation: Gas and food could cost households $3,000 extra

Inflation: Gas and food could cost households $3,000 extra

Inflation has hit a new high, and it could cost you. Households are paying more for gas, food, and housing overall. 7 common causes of basement flooding Why are prices so high? Inflation reached a 7.9% increase in February. That increase doesn’t ... MORE
Inflation, News
Inflation: What does the Federal Reserve plan to do?

Inflation: What does the Federal Reserve plan to do?

The Federal Reserve is taking control of the economy and attempting to squander inflation, but could it cause a recession? The consumer price index has risen by almost 8% since February of 2021. Just one week ago the federal interest rate was ... MORE
Inflation, Interest, News
Inflation is affecting snacks too- these favorites are experiencing ‘shrinkflation’

Inflation is affecting snacks too- these favorites are experiencing ‘shrinkflation’

We all feel inflation in our wallets when we go to fill up our gas tanks. Some snack companies are reducing the amount of product to combat rising costs. Get up to $370 from class action settlements Why are my snacks getting ... MORE
Inflation, News, Shrinkflation
Unemployment: Are rates for unemployment better or worse for March 2022?

Unemployment: Are rates for unemployment better or worse for March 2022?

Unemployment claims are currently sitting at the lowest they have been in 52 years, a great thing following the pandemic. The economy benefits greatly when it comes to low unemployment rates, and this is welcome. As the economy suffers from the prices ... MORE
Inflation, News, Unemployment
Gas Prices: Free gas available to some lucky Americans

Gas Prices: Free gas available to some lucky Americans

If you’re a resident in the Chicago area and have been suffering from the gas prices and inflation, you may be in luck. Chicago businessman Willie Wilson has decided to be philanthropic and host some free gas giveaways to local Americans in ... MORE
Gas Prices, Inflation, News
Stimulus: $500 payments for thousands could go out soon

Stimulus: $500 payments for thousands could go out soon

One governor has announced that thousands of Americans may be in line soon for a direct stimulus payment worth $500. This announcement was made by Governor Tim Walz of Minnesota, who plans to send direct payments. The payments would help those struggling ... MORE
Inflation: Dunkin’ Donuts raises prices 8%

Inflation: Dunkin’ Donuts raises prices 8%

As Americans see the consequences of rapid inflation, many are upset to see it impacting their favorite coffee places, including Dunkin’ Donuts. In response to rising costs of goods, Dunkin’ Donuts has reportedly increased the price of menu items and ended food ... MORE
Dunkin Donuts, Inflation, News
Inflation calculator: Earmarks return in omnibus spending bill as Americans prepare for recession

Inflation calculator: Earmarks return in omnibus spending bill as Americans prepare for recession

Inflation will soar even higher after President Joe Biden signed lawmakers Omnibus spending bill into law this week. Lawmakers closed the earmark loophole during President Barrack Obama’s administration. Earmarks gave lawmakers the ability to fund projects in districts across the U.S. that ... MORE
COLA: Increase for 2023 may be 3.9%

COLA: Increase for 2023 may be 3.9%

In 2022 the COLA increase was 5.9%, the highest in almost 40 years, but what might it be for 2023? That depends on inflation. The rate of inflation rose at a rapid rate in 2021, resulting in a higher-than-normal COLA increase. The ... MORE