Despite the Federal Reserve’s efforts to get the cost of living under control, prices just keep climbing — and the uptick is especially brutal at the supermarket.
The cost of food overall climbed 11.2% in September from the year before, according to the latest consumer price index data released Thursday. Prices of “food at home,” aka groceries, soared 13% from the same time in 2021.
Many of the hardest-hit items are ones most families can’t do without: Eggs are up 30.5% from a year ago, while poultry is up 17.2% and milk 15.2%.
Still, there are a number of strategies you can use to reduce your food costs, experts say. Here are some of them.
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International travelers may prioritize visits to the Eiffel Tower and the Louvre when they visit France. But French residents have other ideas.
Border restrictions during the pandemic largely gave locals the chance to explore their country without foreign tourists, which in 2019 numbered some 90 million.
The French did not squander the opportunity. More than two-thirds of French residents traveled in 2021, with 84% of France’s metropolitan residents choosing to stay within the country, according to the French tourism marketing research firm Raffour Interactif.
As the desire for nature and outdoor activities grew during the pandemic, several areas emerged as top destinations among local travelers, said Maud Bailly, the CEO of southern Europe for the multinational hospitality company Accor, which has more than 1,600 hotels in France.
Domestic travelers were drawn to the coasts of Brittany — or Bretagne in French — because of the “the sea [and] the wideness of the landscape,” she said. The northwest province is home to charming seaside towns, such as Cancale and the walled port city of Saint-Malo, famous for its gastronomy and history.
While the coronavirus pandemic has battered some industries, others have thrived despite the ongoing crisis, including technology and science.
In fact, according to new data from the Bureau of Labor Statistics, demand for jobs in math, science and technology will continue to surge over the next decade.
Hiring in the computer and information technology fields has faster projected growth between 2020 and 2030 than all other fields. The Bureau of Labor Statistics notes that demand for these workers stems from companies’ “greater emphasis on cloud computing, the collection and storage of big data, and information security.”
The coronavirus pandemic has expedited demand for other science and technology roles as well, including epidemiologists and information security analysts. “The prevalence of remote work has created additional need for network security and operations support,” Megan Slabinski, the district president for global talent solutions at recruitment firm Robert Half, tells CNBC Make It. Slabinski specializes in recruiting for technology positions.
Projected Growth Rate
Information security analysts
Data scientists and mathematical science occupations
Operations research analysts
Software developers and software quality assurance analysts, testers
Brick-and-mortar real estate may seem like the only tangible thing left in an increasingly virtual world, but it too is being taken over by artificial intelligence.
Some of the biggest names in the business, such as Compass, Zillow and LoanSnap, are now employing AI to help find buyers the perfect mortgage and the perfect home. And for real estate agents, it may already be a game-changer.
Most real estate data is public, from land records to title documents, purchase price and even mortgage liens. The trouble was it was an onerous process to go to local offices and obtain all the information. Not anymore.
Computer algorithms can now go through millions of documents in seconds, looking through property values, debt levels, home renovations, and even some of a homeowner’s personal information.
At LoanSnap, a San Francisco-based mortgage lender, AI is used in various steps of the mortgage process, from finding the perfect loan type for a borrower to finding the right investor for the loan.
Senate Majority Leader Chuck Schumer proposed legislation to legalizemarijuana at the federal level.
The Cannabis Administration and Opportunity Act would remove marijuana from the Controlled Substances Act and introduce regulations to tax cannabis products.
It would also expunge federal records of nonviolent cannabis offenders.
Senate Majority Leader Chuck Schumer proposed legislation Wednesday to legalize marijuana at the federal level, a move aimed at easing restrictive drug policies that have disproportionately impacted communities of color and the poor.
The Cannabis Administration and Opportunity Act would remove marijuana from the Controlled Substances Act and introduce regulations to tax cannabis products. The proposal would expunge federal records of nonviolent cannabis offenders and allow people serving time in federal prison for nonviolent marijuana crimes to petition a court for resentencing.
“This is monumental. At long last, we are taking steps in the Senate to right the wrongs of the failed war on drugs,” Schumer, D-N.Y., said during a press conference at the Capitol. Schumer unveiled the draft along with Senate Finance Committee Chair Ron Wyden, D-Ore., and Senator Cory Booker, D-N.J.