ALL THE MONEY NEWS YOU NEED TO KNOW | | | |
Good morning. Betty Lin-Fisher here with today's top headlines. |
The monthly consumer price index - a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services - was released this morning. |
Inflation eased more than expected in October as falling gasoline and used car prices offset another rise in rent and an uptick in health insurance costs. |
Consumer prices overall rose 3.2% from a year earlier, down from 3.7% in September, according to the Labor Department's report. That drew inflation closer to the more than two-year low it reached in June and July, before a rise in gasoline prices. On a monthly basis, price increases were unchanged following a 0.4% uptick the previous month. |
Gasoline prices dropped 5% in October and grocery prices increased 0.3%. | Gasoline prices dropped 5% in October, according to the Labor Department's consumer price index. Rebecca Blackwell |
Amazon Buy with Prime expands shopper benefits |
Amazon's Buy with Prime program, which partners with third-party retailers, is expanding its benefits in time for the holiday shopping season. |
The program allows shoppers to buy directly from a non-Amazon retailer's website but to utilize the shopper's Amazon Prime account to get free one-to-two day shipping, free returns and a linked payment to Amazon. |
There are benefits for consumers, like being able to buy from a "trusted" retailer, but it remains to be seen if the partnership will reduce competition said Douglas Bowman, a marketing professor at the Goizueta Business School at Emory University in Georgia. |
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Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. | | | | Amazon is expanding its Buy with Prime program, which allows Prime shoppers to buy at Amazon partner sites with Prime benefits. | | | | Most grocery stores will be open on Thanksgiving, but some will have limited hours. Here's what to know about Kroger, Publix, Aldi and more. | | | | This Thanksgiving is forecast to be a busy one. Here's everything you need to know about avoiding crowds at airports. | | | | Chuck E. Cheese will be removing its animatronic bands from all locations except from Northridge, California, near Los Angeles for the purpose of nostalgia. | | | | A travel agency is organizing a fan-led Taylor Swift group cruise, set to depart next fall. | | | | Trying to skip big crowds and long lines when traveling? You may want to avoid these airports — they're the busiest in the U.S. | | | | Stuffing and mashed potatoes are essentials, but there are two more things you can add to your Thanksgiving side dish offerings for a healthier meal. | | | | A series of earthquakes has caused a state of emergency to be declared for the region around Iceland's Blue Lagoon. | | | | Gone are the days of "lol" and "rofl," it's time to introduce "ijbol." Here is what it stands for and how to use it in your conversations. | | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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