grocery prices
Trump Tariffs Driving Up Living Costs for Majority of Americans, Survey Reveals Impact on US-India Trade
Nov 05, 2025 11:55 am CST
A new ABC News/Washington Post/Ipsos survey reveals that most Americans are experiencing higher living costs due to President Trump's tariff policies, with 70% reporting increased grocery expenses. The impact extends to US-India trade relations, where India's exports to the US have fallen by 37.5% between May and September 2025 following the implementation of 50% tariffs. The economic consequences are being felt across political affiliations and various consumer sectors.
Zohran Mamdani's Fight Against New York's Affordability Crisis Fuels His Mayoral Campaign
Oct 27, 2025 01:49 pm CST
Democratic socialist candidate Zohran Mamdani has surged to the front of New York City's mayoral race by focusing on the affordability crisis. With median rents exceeding $4,000 and grocery prices soaring by 8.9% in the past year, Mamdani's platform includes freezing rents for two million residents and creating city-owned grocery stores. As New Yorkers head to polls on November 4, his message "for a city we can afford" resonates with the 25% of residents struggling to meet basic needs.
Federal Reserve's Interest Rate Cuts Amid Persistent Inflation: Economic Risks Under Trump Administration
Oct 12, 2025 07:55 pm CST
The Federal Reserve has begun cutting interest rates despite inflation remaining above its 2% target, while President Trump declares victory over inflation. Economists warn this approach carries significant risks if price increases persist, especially as tariffs continue impacting imported goods and consumer confidence. With inflation at 2.9% and everyday items like groceries continuing to rise, the disconnect between official statements and economic reality could threaten the Fed's credibility and further burden American consumers.