NYC prices rising faster than 12 other major US cities — quickest pace since March 2023
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NYC prices rising faster than 12 other major US cities — quickest pace since March 2023

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Inflation is hitting the Big Apple harder than a slew of other major US cities — with prices surging at their fastest pace since early last year, according to fresh government data released Wednesday. From rent to groceries to school tuition, consumer prices…

Gov. Kathy Hochul vows NY State Fair milk will cost a quarter as long as she’s governor
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Gov. Kathy Hochul vows NY State Fair milk will cost a quarter as long as she’s governor

She’s not moo-ving on this. Gov. Kathy Hochul promised that the price of a glass of milk at the annual New York State Fair won’t budge as long as she’s in the governor’s mansion — outside cost pressures and inflation be darned. “It will never go up as long as…

Kamala Harris’ price-control plan is ‘full Communist’
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Kamala Harris’ price-control plan is ‘full Communist’

Donald Trump on Saturday ripped Vice President Kamala Harris’ plan to slap socialist price controls on groceries, saying she’s gone “full Communist.” The Republican presidential nominee compared economic proposals to reduce inflation that “Comrade Kamala” announced a day earlier – which includes cracking down on price gouging – to infamously failed communist…

Why we’re suing Team Biden to lower Americans’ prescription-drug costs
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Why we’re suing Team Biden to lower Americans’ prescription-drug costs

Does President Joe Biden actually care about lowering prescription-drug costs? In a speech last week in Las Vegas, he touted his efforts to make prescription drugs more affordable, mostly through federal coercion and threats to pharmaceutical companies. Yet the president is simultaneously refusing to implement a Trump-era rule that would help lower…

US companies dictate minimum prices on goods to retailers, shoppers left with fewer discounts
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US companies dictate minimum prices on goods to retailers, shoppers left with fewer discounts

Shoppers will find fewer discounts on everything from toys to tortillas as companies increasingly set minimum prices on their goods to maintain profits and limit price cutting by retailers like Walmart and Amazon. For many years, manufacturers set the lowest price at which retailers could advertise certain big-ticket items like TVs. They…

Consumer prices — a key inflation gauge — hotter than expected in August
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Consumer prices — a key inflation gauge — hotter than expected in August

A key inflation indicator showed higher-than-expected increases in core prices in August, adding more pressure on the Federal Reserve to act despite the risk of a deeper recession. Consumer prices increased by 6.2% in August compared to the same month one year ago, according to the Commerce Department’s Personal Consumption…