Kroger shoppers might be paying more at checkout than they bargained for. A new investigation found price tag errors at the supermarket giant’s stores leading to customers being overcharged on many items marked as discounted or on sale. Expired discount tags were found on everyday products ranging from Cheerios cereal to Nescafé instant coffee, according to…
The Consumer Price Index in April rose 2.3% on an annual basis, signaling that price hikes remain above the Federal Reserve’s goal of bringing down inflation to a 2% rate. By the numbers The CPI was forecast to rise 2.4% last month, according to economists polled by financial data firm FactSet. The CPI, a basket of goods…
Hong Kong’s lowest-paid workers received a pay rise on Thursday, with their hourly wage increasing by HK$2.10 (30 US cents), from HK$40 to HK$42.10, following a recommendation adopted by the government’s key decision-making Executive Council. The Post takes a look at the 5.25 per cent increase, the first since a new formula for adjusting the…
Hong Kong’s lowest-paid workers received a pay rise on Thursday, with their hourly wage increasing by HK$2.10 (30 US cents), from HK$40 to HK$42.10, following a recommendation adopted by the government’s key decision-making Executive Council. The Post takes a look at the 5.25 per cent increase, the first since a new formula for adjusting the…
Unlike previously, when May 1 was marked by large-scale demonstrations calling for better protection for workers, Labour Day in more recent years has passed by as a paid holiday for people to take a break. But this year offers double the reason to celebrate as two key improvements in benefits take effect today. The hourly…
As ongoing inflation continues to deplete household budgets, perhaps nowhere is the pinch felt more strongly than in grocery aisles. However, depending on where you live, the pain can be sharper than in other areas. That’s according to a new study from SmartAsset which reveals notable fluctuations in grocery price increases from city to city. The financial technology…
The Consumer Price Index in March rose 2.4% on an annual basis, showing progress in the Federal Reserve’s battle to bring down inflation to a 2% rate. By the numbers The CPI was forecast to rise 2.6% last month, according to economists polled by financial data firm FactSet. The CPI, a basket of goods and…
Many concerned Trump tariffs will raise prices Many Americans concerned Trump’s reciprocal tariffs will raise prices 05:49 As consumers cope with lingering cost-of-living pressures and the potential impact of tariffs, CBS News is tracking the change in prices of everyday household expenses — from food to utilities and rent. Drawing from a range of government…
CBS News is tracking the already sharply rising cost of products most impacted by tariffs imposed and soon-to-be-imposed by President Trump, from the cost of common grocery items to the the purchase and operation of cars and trucks. As new tariffs are set to be rolled out as early as April 2, we will continue…
The US stock market has whipsawed this week over mounting concerns of an economic downturn, as president Donald Trump’s trade war escalates. Wall Street witnessed a selloff at the start of the week, after Trump declined to rule out the possibility that the US economy could dip into a recession this year, in an interview…