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The Federal Reserve announced Wednesday that it will increase its benchmark interest rate by 0.75%, matching the largest increase in decades. Here's what that means for everyday Americans.
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After a year of record-high inflation and an influx of new residents, many people and families are finding their housing costs are eating up most of their monthly budgets.
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With inflation hitting the pockets of many residents, it can be difficult to think of preparing for the storm.
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The economy and high prices are likely to be the top issues as voters go to the polls this summer and fall.
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The Lakeland-based grocery chain said sales for the first quarter were $13.2 billion, up from $11.7 billion a year earlier.
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About 48% of the respondents said higher prices have impacted their ability to pay essential bills, and nearly three-fourths said it’s affecting their grocery spending.
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The bargain store has been testing the increase for months and says it's not a reaction to the current surge in inflation, though it will help.
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When the year started, we were astounded to hear Venezuela’s 2018 inflation rate could top 13,000 percent. That’s pretty bad hyperinflation. But...