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Watch The 10 O'Clock News

The day's top local, national and international stories plus breaking news, weather and sports brought to you by the News4JAX team.

A rip current statement in effect for 3 regions in the area

See the complete list

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Watch The 10 O'Clock News

A rip current statement in effect for 3 regions in the area

INFLATION


Prices rises slow but UK inflation remains close to 40-year high

UK inflation, a measure of the cost of living, fell to 10.1% in the year to January.

bbc.co.uk

How much have food costs gone up in Florida?

Egg prices are up 59.9%, a rate not seen since 1973.

Egg-spensive grocery bill? Food inflation taking a bite out of your wallet

The U.S. Department of Agriculture’s “thrifty” budget estimates that a family of four will spend $966.60 on groceries in this economy as simple kitchen staples now cost more than double.

UK inflation drops but cost of living remains high

The inflation rate is 10.7% down from 11.1% in the previous month, official figures show.

bbc.co.uk

Inflation has peaked — but it's not returning to pre-Covid levels in 2023, Mastercard says

It'll take a few years to return to 2019 levels, said David Mann of the Mastercard Economics Institute.

cnbc.com

Inflation cooled more than expected—but prices are still up 7.7% since last year

Inflation slowed more than expected, but remains elevated at 7.7% year-over-year as of October.

cnbc.com

The reliability and role of US election polling

Pre-election polls for the 2020 U.S. presidential race commonly forecasted Joe Biden winning by a larger margin than he did over President Donald Trump. Hear the AP discuss the reliability of surveys and the role they should play in elections. (Oct. 17)

news.yahoo.com

How much has milk gone up around the country?

Got milk? If you need to buy some in the future, the question instead will be, Got money?

Retirees and inflation: Don’t risk your financial future

If inflation hits 12 percent, that one million would run out in less than 12 years. So, what are people doing?

Inflation increased to 8.2% in September, everyone is tired of paying more for everything

The final U.S. inflation figures before the midterm elections are out. In September, it increased to 8.2%. People in Northeast Florida are continuing to feel the pressure of paying more for groceries and bills.

IMF warns rising prices will be worse in UK

The IMF said UK prices will rise faster than any other major economy in the next two years.

bbc.co.uk

Kansas voters uphold right to an abortion: CBS News Flash August 3, 2022

CBS News projects that Kansas voters will uphold the right to an abortion, rejecting a measure that would have tightened curbs or banned abortions, statewide. House Speaker Nancy Pelosi, in Taiwan, says went there in peace for the region. China is fuming about the visit. And the Senate has passed the bill to expand health care benefits for veterans who were exposed to burn pits during their military service.

news.yahoo.com

Expert advice: Here’s how to save money while remodeling your home

Americans spent $420 billion on remodeling their homes in 2020, according to a Harvard University study.

Unrelenting inflation is driving up costs, leaving more Americans living paycheck to paycheck

With no break in sight for rising prices, even wealthier Americans are feeling financially strained.

cnbc.com

‘Everybody’s trying to make it’: Local businesses feeling the impact of inflation

With debate over whether the economy is in a recession following a second-quarter decline in the country’s gross domestic product, News4JAX is looking into Jacksonville’s economic health status.

Eurozone raises interest rates for first time in 11 years

The European Central Bank has raised rates as it tries to tackle soaring eurozone inflation.

bbc.co.uk

Gas prices drop below $4 a gallon at some stations in Jacksonville

Gas prices are steadily declining, with several gas stations around Jacksonville below the $4-per-gallon mark — a sight Floridians have waited all summer to see.

Food prices up more than 10% in June from year prior

Chances are, you’ve noticed higher prices at the grocery store -- and on the menu when you go out to eat.

Rising rent prices forcing Jacksonville-area residents out of their homes

Rising housing costs, combined with persistent inflation for basic necessities such as gas and food, have left more Americans newly homeless and millions more fearing they’ll soon lose their homes.

65% of Americans earning $100,000 or more are 'very concerned' about inflation, new CNBC poll finds

Some 65% of U.S. adults earning $100,000 or more said they are "very concerned" about rising costs due to inflation, a CNBC/Morning Consult poll found.

cnbc.com

AAA: Florida gas prices drop 15 cents from last week

Florida drivers have been getting a pleasant surprise at the pump over the past few weeks.

As new businesses open, others close amid inflation, supply chain issues

While new businesses open, it’s been hard for other businesses to stay afloat between supply chain issues and inflation.

Inflation costs cause 4th of July party throwers to cut corners while shopping

If you shopped for groceries for your fourth of July holiday parties then you probably noticed that you were spending more money compared to last year.

Big pay rises could push prices up, says minister

Treasury minister Simon Clarke warns bosses to be "very careful" in setting wage increases.

bbc.co.uk

Suze Orman: This is 'the No. 1 investment' to make right now, 'no matter what'

Inflation is "here to stay," says Suze Orman, and given that, here's the "No. 1 investment that every single one of you should have no matter what right now."

cnbc.com

Let us know: Have you made financial sacrifices due to high gas prices?

What have you had to cut out or sacrifice in order to afford fuel?

How cost of diesel fuel is affecting local truck drivers, businesses

As gasoline prices continue to rise, people who have to fill their vehicles up with diesel are having to take even more money out of their wallets.

Here’s why inflation may be less costly for some retirees

Annual inflation grew by 8.3% in April, but some retirees may be shielded from certain swelling costs, according to a J.P. Morgan report.

cnbc.com

How to calculate your own personal inflation rate amid rising prices

To figure out how much inflation is impacting your wallet depends on what you're spending and where. Here's how to calculate your personal inflation rate.

cnbc.com

It might be time to bring up inflation to negotiate a raise—here's how to do it

High inflation and a tight labor market means workers have more leverage to make the case for a raise.

cnbc.com

Gas prices break record high for second day in a row

For the second day in a row, drivers are paying record gas prices.

Biden says inflation is his top domestic priority

President Joe Biden addressed the nation on Tuesday, saying inflation is his top domestic priority.

Soaring prices force families to turn to food banks as inflation also hurting food pantries

Families are not the only ones struggling with inflation rates soaring. According to Feeding America, food banks across the country are buying nearly as much food as they did last year, but are paying 40% more for that food.

Fed raises key rate by a half-point in bid to tame inflation

The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark interest rate by a half-percentage point — its most aggressive move since 2000 — and signaling further large rate hikes to come.

Babysitting rates soar past $20 an hour

There’s one industry heavily impacted by inflation, but it won’t shock parents.

Trust Index: Is inflation at gas pumps & grocery stores solely the result of Russia’s invasion of Ukraine?

The News4JAX Trust Index team is checking out a statement made by President Joe Biden regarding the high prices of gas and groceries and who is at fault.

Inflation's impact on bond ETFs worries advisors

Inflation is currently the No. 1 concern of financial advisors, according to a new survey conducted by ETF Trends.

cnbc.com

5 things I learned about inflation, after talking to an expert

Inflation is the topic of the month in our solutions journalism show, “Solutionaries.”

Inflation and car prices: What’s going on? How did this happen?

It seems like you hear about it more and more these days: The extreme lengths people are going to in order to buy a new house; how much it costs to fill up the gas tank; and what we’re spending at the grocery store.

With soaring gas prices, EVs and public transportation have never looked more attractive

The nationwide average price for a gallon of unleaded gas has reached record highs in 2022, according to GasBuddy.com.

We asked how inflation is affecting your life. Here’s what you had to say.

Just last week, we asked you, our readers and viewers: When it comes to inflation, or even just when you hear the word, what do you think of first? Or better yet, what’s affecting your life the most?

🔒 Tell us: How is inflation affecting your life?

We want to hear from you about how rising prices are affecting your daily lives.

Tell us: How is inflation affecting your life?

Inflation is a word that fills many with dread. A recent Harris Poll found that 55% of Americans are worried about inflation and what it will do to their cost of living.

Ships are sitting offshore containing items that we desperately need -- what can be done?

If you’re in the Jacksonville, Florida area, you’ve likely seen the logjam of container ships sitting idly offshore. The vessels are packed with items destined for store shelves -- and they’re things business owners and consumers desperately need delivered.

How do your county’s current gas prices compare to last week, last month?

If you’ve been to the gas pumps lately, or even listened to any news outlet, you’re likely well aware that gas prices are at a painful high.

Cost of living: Heineken to put up beer prices as its costs soar

The brewer blames rising inflation, adding that people may drink less beer as a result.

bbc.co.uk

US inflation jumped 7.5% in the past year, a 40-year high

U.S. inflation is the highest it’s been in 40 years.

Some big-name brands raising grocery prices

Inflation, supply chains issues and the omicron variant of the coronavirus are contributing to the rising costs of food and other goods.

Despite omicron hurdles, strong economic recovery appears on track

The economy has become more resilient to the virus with each new variant. But it’s become clear that the rebound will revolve around pandemic caseloads.

washingtonpost.com

Inflation climbs at fastest pace in nearly 40 years

Inflation surged to its highest level in nearly four decades in 2021. The Consumer Price Index increased by 0.5% in December, for a total annual increase of 7%. CBS News senior White House correspondent Weijia Jiang and CBS News congressional correspondent Scott MacFarlane join CBSN to discuss the Biden administration's plans to combat inflation and what it means for Americans moving forward.

news.yahoo.com

How bad is inflation? Even millionaires are worried about it.

For the wealthy and affluent, inflation brings the threat of higher interest rates, which increases the cost of borrowing and can put pressure on asset values.

cnbc.com

CPI report: Prices rising at fastest rate since 1982

The latest report from the Consumer Price Index says inflation surged 6.8% in November. It’s the largest year-increase since 1982.

Jacksonville consumers feel the pain of rising prices and inflation

If you've been to a gas station or grocery store lately, you've likely noticed prices are up.

The Fed Abandons the Wrong Word But Needs the Right Policy

Chair Jerome Powell is right to retire the term “transitory.” Now the bank should change its approach to fulfilling its mandate.

washingtonpost.com

Inflation on the menu: Florida restaurants pass on soaring food costs

The next time you go to your favorite restaurant, you may notice higher prices on the menu.

You can’t stop inflation, but here are some ways to offset the higher costs

Take advice from the experts about how to beat inflation or even benefit from it.

washingtonpost.com

Your wild home-buying, selling stories: These 17 help paint the picture

We’ve all heard about it by now: Houses are selling like crazy (and they have been for quite some time now), interest rates have been at all-time lows, and it seems like everywhere you turn, you learn of another wild real estate story.

Walmart and Home Depot Confront a Reshaped Covid World

With the surge in pandemic spending fading, retailers must navigate unprecedented territory.

washingtonpost.com

U.S. Inflation Is The Highest It's Been In 13 Years

Experts say the current rise in prices will be short-lived.

newsy.com
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