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Biden wants Congress to give people a break on the federal gas tax for the summer. But economists say that won't translate into big savings at the pump 鈥� and could hurt efforts to curb inflation.
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Vermont has hit several record highs for the average price of gas in the past few weeks. It couldn鈥檛 come at a worse time for farmers.But there is an upside 鈥� dairy farmers are now receiving a much higher price for their milk.
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High food and gas prices are squeezing working families, sending some to food pantries for the first time. But providers are struggling with high costs, fewer donations and supply chain woes.
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Amid a nationwide shortage, Vermonters on tight budgets are struggling to find enough formula to feed their children.
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The supply chain, a factory shutdown and increased demand: Here's why Massachusetts parents are worried about a formula shortage.
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The annual inflation rate eased somewhat in April, but not enough to meaningfully reduce the burden on lower-income Americans.
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"We ordered three bushels of onions last week. We only got one,鈥� said Shawn McNulty, manager of the Lobster Pot in Provincetown.
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Inflation in March was the highest since December of 1981, with prices up 8.5% from a year ago. Rising prices are especially hard on low-income people, who spend more of their money on necessities.
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The central bank raises its benchmark rate by a quarter percentage point in an effort to tamp down inflation. Additional rate hikes are likely in the months to come.
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It took women working year round full-time jobs 74 extra days to earn what men did in 2021. And the data is worse for women of color, who are disproportionately employed in low-wage jobs.