ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! It's Daniel de Visé with your Daily Money. |
We'll get to Consumer Friday shortly. But first. . . |
Alisha Horton said her best work gets done at 5:30 each morning, while her baby and toddler are still sleeping. |
Horton, who lives near Nashville, is one of thousands of parents who work from home without traditional childcare. With childcare costs rising at nearly twice the pace of inflation, many families are staying afloat financially by keeping their kids at home during remote work. |
Are grocery prices still rising? |
While the cost of eggs and some other items continue to rise, grocery price inflation overall seems to be leveling out. |
The Bureau of Labor Statistics consumer price index for food at home was nearly flat from January to February. That's because the index measures grocery costs on average. Major price hikes in a few food categories − eggs, anyone? − were offset by drops in several others. |
Lead, arsenic found in infant formulas |
Some infant formulas tested by Consumer Reports in a recent investigation contained potentially harmful levels of lead and arsenic, which could pose health risks for young children, Betty Lin-Fisher reports. |
Consumer Reports also found per-and polyfluoroalkyl substances (PFAs) in almost all the infant formulas it tested. One contained both bisphenol A (BPA) and Acrylamide. In high doses, many of these substances can cause health issues, particularly for infants and younger children as they develop. |
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Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. |
Daniel de Visé covers personal finance for USA Today. | | | | Some parents say juggling work and kids have made them master multitaskers. But what's best for young kids? | | | | Major price hikes in a few food categories were offset by drops in several others. | | | | A Consumer Reports investigation has found that some infant formulas contain potentially harmful levels of lead and arsenic. | | | | Ben & Jerry's alleged its CEO was removed by Unilever without their approval over the ice cream maker's political posts. | | | | How the odds are stacked against cash poor Americans living paycheck to paycheck. But these two women are trying to beat them anyway. | | | | Dollar General announced in its fourth quarter earnings report last week that it will close nearly 100 stores across the country. | | | | With its 'Back to Starbucks' strategy, Starbucks is testing new store designs and refining its menu. It's also adding more power outlets and seating. | | | | Small trucks are staging a comeback — and more could be on their way. | | | | The Vancouver International Auto Show has booted Tesla out of the event following a swarm of attacks on the brand's electric vehicles. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | | | 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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