Good news! Prices are falling. But it might be for bad reasons

Inflation in the US fell to 2.3% in April, its lowest level since February 2021. Although that figure seems to be good news, the story behind it is not so clear. The collapse of the prices of eggs, used cars and clothing helped, yes, but there was also a drop in services such as flights, hotels and sporting events, which could be talking more of a weak demand than a healthy economy.Less travel, more dinners outside. Air fares dropped 2.8% only i…

How Stupid! CNN Claims ‘Good News’ of Falling Prices ‘Might Be for Bad Reasons’

CNN has a weird obsession with making itself look completely stupid by trying to stoke bad vibes whenever it has to report on any good news that can somehow benefit President Donald Trump.  Instead of just reporting the straight news on price pressure relief for American consumers, CNN reporter Matt Egan instead chose May 14 to run one of the dumbest Tasmanian Devil spin headlines yet, “Good news! Prices are falling. But it might be for bad reas…

Prices plunge before summer, but how long will it last?

As we inch closer to the start of summer and a popular vacation time for families, there's a new sign that inflation is easing and it comes in the form of falling prices. Prices plummet before summerAccording to the Bureau of Labor Statistics, inflation dropped to 2.3% in April, the lowest in four years. That's thanks to big price cuts on items like eggs, clothing, and even used cars.Egg prices plunged at their fastest rate since 1984, while air…

By Matt Egan, CNN The lowest inflation rate in four years was made possible by a trend sure to bring a smile to Americans' faces: falling prices. Egg prices fell between March and April, the largest drop since 1984, according to the Bureau of Labor Statistics. Used cars and trucks unexpectedly became cheaper despite auto tariffs. The same was true for clothing. These price drops are encouraging and should help families suffering from the high co…

Good news! Prices are falling. But it might be for bad reasons

The lowest inflation rate in four-years was made possible by a trend that will surely bring smiles to the faces of Americans: Falling prices.

Free Public Meeting On Food & Farm Policies

Have you noticed the price of eggs? Who hasn’t! How do government actions and tariffs impact the livelihoods of farmers in Northeast Ohio and beyond? And what does that mean for consumers, especially as far as food safety? The public is invited to hear presentations on the significant changes in food and farm policy, Thursday, May 22, 7 p.m., Hobbs Hall, Kent.  The League of Women Voters of Kent and partners Haymaker Farmers’ Market, the Ohio Fa…