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A global coffee price spike is about to drip into your mug
Climate impacts can increase the prevalence of diseases in coffee crops, reducing overall yields for farmers. Studies have shown that the arabica bean is particularly vulnerable to climate change.
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Thousands of counterfeit stamps from China seized by customs agents in Chicago
More than 160,000 counterfeit stamps were seized by U.S. Customs and Border Protection last weekend at the Chicago International Mail Branch.
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Credit card debt hit a record $1.21 trillion — here's why ‘no one should be surprised,' expert says
Credit card balances rose in the fourth quarter of 2024, the New York Fed found. Consumer spending continues to remain strong, despite high borrowing costs.
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US inflation worsened last month in latest sign of sticky price pressures
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts.
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As egg prices soar, grocers like Trader Joe's limit how many cartons customers can buy
Not only are eggs expensive because of the ongoing bird flu outbreak. Now they are sometimes hard to find.
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What the end of the penny means for the economy, your piggy bank, and the way America prices items
President Trump and Elon Musk want the U.S. penny gone. There are currently 114 billion pennies in circulation, but the economy will be OK without the coin.
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Trump tariffs could raise medication costs and exacerbate shortages
The U.S. relies heavily on other countries for pharmaceutical products, especially for generic drugs.
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Trump slaps tariffs on Canada, Mexico, China, risking higher prices for U.S. consumers
The new levies on America’s top trade partners could drive prices higher for cars, electronics, lumber and more, threatening to crimp an economy that the president has vowed to improve.
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What are tariffs and how do they work?
After boasting plans of imposing tariffs on goods imported from Mexico, Canada and China throughout his campaign, Trump and his White House confirmed on Friday the first bout of tariffs will begin Saturday.
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21 states raised their minimum wage in January: The highest minimum is not in California or New York
States like Washington, California and Connecticut all have minimums higher than $16 per hour.
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Experts say high food prices are here to stay. Here's why
Some experts say there’s really nothing the government can do about high food prices.
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How Gen X and millennials are changing the face of the traditional family office as they inherit over $80 trillion
The Great Wealth Transfer is underway, and Gen X and millennials are expected to inherit about $85 trillion by 2048, according to Cerulli Associates.
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How a government shutdown would (and wouldn't) affect consumers days before Christmas
If the government shuts down days before Christmas, holiday travel could be hit but holiday shipping spared.
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What is the debt ceiling?
The debt ceiling, sometimes referred to as the debt limit, is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations.
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What is the debt ceiling and what happens if the US defaults?
What is the debt ceiling, also known as the debt limit, and how is it tied to government spending? And why would it be such a catastrophe for the U.S. to default on its debt? Here’s what to know.
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Cocoa prices climb to new record high, prompting fresh warnings about volatility
The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility.
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More than half of Gen X parents worry about financially supporting their kids into adulthood, survey shows
Fifty-three percent of Gen X parents are concerned their kids won’t be fully financially independent into adulthood, U.S. Bank data reveals.
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Egg prices may soon ‘flirt with record highs,' supplier says. Here's why
Egg prices are spiking again due to a bird flu outbreak and high consumer demand.
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US inflation ticked up 2.7% in November. Here's what is getting more expensive
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
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Here's what to know before taking your first required minimum distribution
Most retirees must begin required minimum distributions at age 73. Here’s what to know before making your first withdrawal.