Breakfast Heist at Seattle Coffee Shop

Thieves execute a 'breakfast heist' at a Seattle coffee shop, stealing over 500 eggs and other food items. The crime was captured on security cameras, with the stolen goods estimated to be worth $387. The incident has occurred amidst rising egg prices due to the bird flu outbreak.

Impact of New Tariffs on Housewares Industry

Housewares industry insiders are concerned about the impact of new tariffs on products from the US's largest trading partners, leading to potential price increases for consumers and businesses. Companies are exploring ways to cope with the higher taxes, including sourcing from other countries with lower tariffs.

Impact of President Trump's Tariffs on the U.S. and Foreign Countries

A majority of Americans believe the U.S. will feel the impact of President Trump's tariffs, with most respondents thinking that companies and people in the U.S. will bear the weight of the tariffs. Canadian Prime Minister criticized the tariffs targeted at Canada, and Trump granted a monthlong exemption on tariffs for cars from Canada and Mexico. The Economist/YouGov poll also showed that most people believe increasing tariffs will result in higher prices.

The Rising Costs and Gourmet Trend of Sandwiches

Sandwich prices are surging as the trend shifts towards gourmet sarnies. The future of sandwiches is becoming more polarized with simpler options at one end and more elaborate, expensive creations at the other.

U.S. Housing Market Weakens

The U.S. housing market is weakening due to high mortgage rates, elevated prices, and limited supply of listings. Sales of previously owned homes fell in January. Mortgage rates have remained high despite interest rate cuts. Inventory is increasing but still low.

President Trump's comments on tariffs and their impact on prices and jobs

President Trump admits that tariffs may cause temporary price increases but believes it will lead to more jobs and help farmers and manufacturers in the long run.

US Inflation Acceleration

US inflation accelerated last month due to rising costs of groceries, gasoline, and rents, likely leading the Federal Reserve to delay further interest rate cuts. The consumer price index increased 3% in January from a year ago, up from 2.9% the previous month.

U.S. Inflation Accelerates in January 2025

U.S. inflation accelerated last month due to rising costs of groceries, gasoline, and rents, exceeding the Federal Reserve's 2% target. The unexpected boost in inflation could dampen business enthusiasm after Trump's election. Higher prices are impacting consumers, with grocery prices and car insurance costs on the rise. The Federal Reserve is likely to delay further interest rate cuts due to the current inflationary pressures.

President Trump's Efforts to Lower Prices and Inflation

President Trump promised to lower prices on "Day 1" in office, but his administration is now tempering expectations on reducing inflation due to limited presidential power over global economic forces. Trump's policies like tariffs and tax cuts may worsen inflation. Grocery prices are still high, with some items up almost 40% in the past year. Economists worry about increased inflation due to Trump's tariffs and potential retaliatory measures from other countries.

Super Bowl Specialty Cocktails at Caesars Superdome

Super Bowl viewers are spending a lot on specialty cocktails at the Caesars Superdome, including a $59 Voodoo Magic cocktail made with expensive tequila. Fans are shocked by the high prices of drinks and other concessions at the event.

Soaring Cost of Eggs and Shortages in the US Due to Bird Flu Outbreak

The US is facing a soaring cost of eggs and shortages due to the biggest bird flu outbreak in a decade. The average price per dozen eggs hit $4.15 in December and is expected to increase further. Rising egg prices have become a concern for consumers and a focus for Democrats in criticizing President Trump's handling of the issue.

UFC heavyweight Jon Jones partners with nonprofit to challenge healthcare prices transparency

UFC heavyweight Jon Jones partners with nonprofit to challenge healthcare prices transparency, aligning with President Trump's efforts. Trump passed rules for hospitals and insurers to publish prices to increase competition and lower costs.

Tariffs Imposed by President Trump

President Trump imposes tariffs on goods from Canada, Mexico, and China, leading to potential higher prices for American consumers.

Tariffs Imposed by President Trump on Goods from Canada, Mexico, and China

President Trump plans to impose tariffs on goods from Canada, Mexico, and China, potentially driving up prices for U.S. consumers and businesses. The move is in response to illegal fentanyl distribution from these countries. Tariffs may impact a wide range of products like electronics, toys, produce, cars, and lumber, with potential consequences on the U.S. economy.

Rising Coffee Prices in 2025

Coffee prices are expected to soar by the end of 2025 due to various factors such as extreme weather affecting key supply markets, increasing shipping rates, and other supply chain issues. This could lead to a single cup costing between $8-$12, putting pressure on cafe owners and potentially impacting the Australian coffee industry.

U.S. Housing Market Inventory Surge

The U.S. housing market is experiencing a flood of new inventory, with a significant increase in spec homes for sale, reminiscent of levels seen during the 2008 housing bubble. The increase in supply is causing prices to remain high and sales to be relatively low.

U.S. Housing Market Inventory Surge

The U.S. housing market is experiencing a flood of new inventory, bringing the number of vacant homes close to 2008 levels. Speculative home construction has reached the second-highest level ever, which could potentially impact the market. Builders are increasing supply, but challenges remain due to high prices and mortgage rates.

Vice President Kamala Harris and the Economy

Donald Trump Jr. criticized Vice President Kamala Harris for claiming she has done a good job on the economy over the past three and a half years, citing rising prices and inflation as evidence against her statement.

High Cost of Cigarettes Due to Taxation in Major US Cities

The article discusses the high cost of cigarettes in major cities in the United States due to taxation, highlighting the defiance of smokers and their ability to find alternative ways to purchase cheaper cigarettes.

Used Tesla Model 3 and Model Y Prices Decline in EV Market

Used Tesla Model 3 and Model Y prices have dropped significantly due to a lack of demand, surplus supply, and lower prices for new EVs. Tesla dominates the used EV market with a 42% share. Despite the price drops, EVs still face competition from gasoline-powered vehicles.

Inflation Increase in July

Inflation picked up in July, but remained cool enough to lock in a rate cut from the Federal Reserve next month. Consumer price index climbed 2.9% from a year earlier. Core inflation rose 0.2%, with energy prices remaining unchanged for the month.

Food Inflation

Food inflation is on the rise, with prices of various food items increasing significantly. This surge in prices is likely to remain a key concern for voters as elections approach. Vice President Kamala Harris has been addressing the issue, focusing on lowering the cost of living for families. However, there are doubts about the effectiveness of her proposed strategies.

Public Opinion on Biden/Harris Administration's Economy

A CBS News/YouGov poll found that 63% of voters believe the Biden/Harris administration's economy is going badly, with only 35% saying it's going well. The poll also highlighted skepticism towards the administration's economic policies, with rising prices and job growth concerns.

Impact of Trump vs. Harris on Personal Finances

A CBS News/YouGov poll found that 45% of voters believe their personal finances will be better off if Donald Trump defeats Vice President Kamala Harris in the upcoming election. The poll also indicates skepticism towards the Biden-Harris administration's economic policies, with prices rising about 20% under their leadership.

Impact of Pandemic on Housing Market in Florida and Texas

House prices in regions that flourished during the pandemic are set to nosedive, with Florida and Texas being the worst-affected states. The decrease is attributed to increasing natural disasters, surging new constructions, high insurance costs, and the end of the pandemic-era home buying boom.

Inflation Revision in First Quarter of 2024

The government revised the estimate of inflation in the first quarter of the year higher, indicating a faster rise in prices than previously reported.

Bloomberg Surveillance Newsletter

Bloomberg Surveillance newsletter provides daily insights from Bloomberg Television's morning show. Consumers are tired of high prices.

Retailers Lowering Prices in Response to Inflation

Walgreens and other major retailers are lowering prices on over a thousand items in response to rising inflation in the US. First Lady Jill Biden claimed that President Joe Biden instructed companies to lower prices to combat inflation.

U.S. Real Estate Market

Sales of previously owned homes in the U.S. fell by 1.9% in April, with prices hitting a record high for the month. Despite the drop in sales, there was a significant rise in home prices, especially for properties priced at $1 million or more.

Florida's Housing Market Bursting Bubble

Florida's housing market, once booming due to the Covid-19 pandemic, is now facing a burst bubble as prices stagnate and supply increases. Many buyers are now looking for better deals in North Carolina or Tennessee, leading to a decrease in home values and longer selling times in Florida.

Tesla cutting prices in major markets

Tesla cuts prices in major markets like China and Germany as it faces falling sales and an intensifying price war in the electric vehicle market. Elon Musk emphasizes the need for frequent price changes to match production with demand.

Tesla Inc. Cuts Prices and Faces Challenges

Tesla Inc. cuts prices of models and Full Self-Driving software in China, Europe, and the US due to slumping sales and excess inventory. Elon Musk announces price reductions, staff layoffs, shareholder vote on compensation package, and recalls Cybertruck pickups. Tesla's market share in China drops amid concerns about competition and autonomy plans.

Investor Bullishness on U.S. Gasoline Futures

Portfolio investors are bullish on U.S. gasoline futures, anticipating price increases due to low inventories, employment gains, household income growth, and the potential impact of an active hurricane season. Ukraine's drone attacks on Russian refineries add to supply concerns. Hedge funds and money managers hold a significant bullish position, with expectations of further price rises.

Economic Outlook and Inflation Data

Heather Boushey from the White House Council of Economic Advisers discusses the March PPI inflation data and expresses optimism about the economy and inflation trajectory.

Impact of Inflation on Tennessee Families in President Biden's Economy

Tennessee families are struggling in President Biden's economy, with prices up 40% and food prices up 36.8% since 2020. Senator Marsha Blackburn claims families are spending $922 per month just to maintain their standard of living. She believes a change in leadership in November could alleviate the situation.

Rising Prices at McDonald's

The average cost of popular menu items at McDonald's has doubled in the last decade, far outpacing the rate of inflation. Some items now cost three times as much as they did in 2014, leading to concerns about affordability for consumers.

Rising Prices in the US Economy

Prices in the US have increased significantly over the past three years, causing concern among Americans. While prices are rising more slowly now, consumers are still not satisfied and are hoping for a return to pre-pandemic price levels. However, economists warn that deflation could have negative consequences on the economy.

Rising Easter Prices Due to Inflation and Supply Chain Issues

The price of Easter staples like eggs and chocolate is nearing a historic high due to inflation, supply chain issues, and outbreaks of bird flu. Factors such as rising costs of chicken feed, weather conditions, remnants of the pandemic, and the Russia-Ukraine War are contributing to the increase in prices.

Surging Cocoa Prices Impacting Chocolate Prices

Cocoa prices have more than doubled in the first three months of the year due to a dramatic drop in supply caused by extreme weather and changing climate patterns in West Africa. This has led to the surge in chocolate prices, making Easter chocolates more expensive for consumers.

Biden Administration's Energy Management

Biden Senior Adviser for Energy and Investment Amos Hochstein discussed the Biden administration's management of the energy transition by ensuring lower prices and highlighted the U.S.'s role as a major oil producer and natural gas exporter while attracting investments. Allies are impressed with the U.S.'s approach to energy transition and investment.

Debate over Five Guys prices

A viral social media post about the high prices at Five Guys sparked a debate online. Customers express shock and disappointment at the rising costs of burgers and meals. The chain's use of fresh ingredients, free toppings, and peanut oil for fries contribute to the higher prices. Other fast-food chains like McDonald's also face criticism for increasing prices.

Impact of Joe Biden's Policies on Prices

Most Americans believe Joe Biden's policies will cause prices to rise, according to a poll by CBS News and YouGov. Less than a fifth think his policies will bring prices down.

White House Senior Adviser Gene Sperling on Inflation and Economy

White House Senior Adviser Gene Sperling discusses inflation and the economy, highlighting that while prices have gone up in certain areas, overall inflation is close to normal and some prices are coming down. He emphasizes that the President is working to lower costs for families.

Consumer Pushback Against High Prices Affecting Inflation

Consumer pushback against high prices has led to changes in shopping habits, with more Americans opting for store-brand items and shopping at discount stores. This pushback has forced companies to slow down price increases, ultimately helping to cool overall inflation. President Biden has criticized corporations for price-gouging, particularly in the food and consumer goods sector.

Real Estate Market in China

New home prices in China continue to decline in January, with existing home sales also dropping significantly. Beijing's efforts to stabilize the real estate market have not been successful, leading to potential collapses of major real estate companies. The crisis is impacting consumer confidence, the economy, and local government revenue.