Estimated reading time: 3 minutes Light at the End of the Tunnel Soaring grocery prices have been a massive headache for American families in recent years. But there is light at the end of the tunnel: Online grocery prices just registered their biggest monthly price drop on record. Prices for online food shops fell 3.7% month-over-month in…Read more
Cash Crunch U.S. bank accounts were flush with savings to the tune of $2.1 trillion following the pandemic. Those savings have now run dry, according to the Federal Reserve Bank of San Francisco. And that’s having a profound impact on consumer spending and the overall economy. Consumer Contractions First things first: The reason economists worry…Read more
