All articles tagged with #prices
President Donald Trump said on Truth Social that he’s negotiating a deal to lower ground beef prices by removing tariffs on up to 300,000 metric tons of imports, claiming the beef will be sold 25% below current market prices; the move comes as beef costs rise while other grocery prices stabilize, though few details have been released.
El Niño-driven drought has lowered Gatun Lake water, reducing Panama Canal capacity and prompting stricter drafts, higher auction prices, and fewer daily transits. The result is slower shipments and higher costs that ripple through global supply chains and consumer prices, with the US—its biggest canal user—feeling the impact. Panama is pursuing water-storage projects and fuel pipelines to mitigate future bottlenecks while the grain of higher transit costs hits medicines, goods, and energy prices.
Trump said the U.S. will allow up to 300,000 metric tons of ground beef to be imported over the next three months without out-of-quota tariffs, with importers reportedly agreeing to sell about 25% below market prices to help lower U.S. beef costs amid cattle-herd constraints; no importers were named, and the move is framed as aiding working families and ranchers while Republicans eye midterm elections.
July existing single-family home sales fell 1.9% to a 3.69 million annual pace, pushing the market deeper into a slump as inventory rose to 4.6 months—the highest since 2016—while condo supply reached a 14-year high. Mortgage rates sit around 6.69% amid persistent inflation, dampening demand even as the national median price rose 1.9% year over year to $440,300 and regional prices showed wide variation.
Republicans are debating whether a burrito could cost $20, using the discussion to highlight rising food prices and affordability concerns that are shaping political messaging and strategies ahead of the midterms.
Rumors from Amazon listings hint at Google’s Pixel 11 lineup with similar displays/batteries to the Pixel 10 but notable RAM/storage changes and price jumps: 256GB models on the Pro and Pro XL reportedly ship with 12GB RAM, while 512GB and 1TB versions get 16GB; base Pixel 11 starts at $899 (256GB) or $1,019 (512GB), Pixel 11 Pro at $1,099 (256GB), $1,219 (512GB), $1,449 (1TB), Pixel 11 Pro XL at $1,299 (256GB), $1,419 (512GB), $1,649 (1TB), and Pixel 11 Pro Fold at $1,899 (256GB), $2,019 (512GB), $2,249 (1TB). Displays: vanilla and Pro around 6.3
Scarcity drives GameCube prices: Nintendo sold far fewer GameCubes than its N64 and Wii, few re-releases exist, and the Wii’s backward compatibility kept discs circulating. While many staples hover around $30–$40, flagship titles like Super Smash Bros. Melee, Luigi’s Mansion, and Eternal Darkness often run $50–$70, with rare Pokémon titles reaching $150–$200, reflecting enduring demand and the classic Nintendo tax.
Chili’s roasted Burger King on social media after a photo showed BK’s Bacon King meal priced at $18.19 at a location, contrasting it with Chili’s value offer—3 for Me with fries, bottomless chips, and an unlimited drink for $10.99—driving viral engagement and largely positive reactions, while Burger King notes that prices vary by location.
Rising memory-chip costs driven by AI data-center demand are expected to push RAM prices higher and slow PC and smartphone shipments in 2026, with Apple already raising prices for Macs and iPads and retailers like Best Buy signaling potential margin pressure as suppliers pass along higher costs; Gartner projects PC prices up about 17% and smartphone prices up about 13%, while shipments could fall roughly 10% for PCs and 8% for smartphones, though the consumer impact may be gradual.
Inflation rose to 4.2% in May, with everyday items such as coffee and lettuce seeing price jumps, driven by a mix of factors including the Iran conflict, tariffs, drought, and higher fuel costs.
ISM's May Manufacturing PMI rose to 54.0, its highest since May 2022, signaling five straight months of expansion for the manufacturing sector and the economy’s 19th consecutive month of growth; New Orders (56.8) and Production (54.3) increased while Employment (48.6) remained in contraction. Supplier Deliveries stayed slow (60.6); Inventories contracted (49.9) with Customers' Inventories still too low (42.7). Prices remained elevated (82.1) amid tariff/commodity dynamics; Imports grew (53.0) and New Export Orders returned to expansion (50.6).
A local price check of five staples across Grocery Outlet, Ralphs, Amazon Fresh and Costco finds prices are generally close, with small item-level differences (potatoes cheaper at Grocery Outlet, eggs cheaper at Ralphs). Totals ranged from about $19.93 at Costco for a bread item bought in bulk to $25.26 at Ralphs, with Amazon Fresh at $21.52 (delivery minimum applies). The takeaway: shopping across stores can save a little, but bulk sizes, memberships and delivery fees—and even gas costs—can influence overall savings.
Texas’s oldest barbecue joints are closing or struggling to stay open as brisket and other meat prices climb, with brisket reportedly around $5.56 per pound in some cases. Owners are trimming menus, shifting to alternative meats, or facing closure, highlighting how rising costs are reshaping Texas’s beloved barbecue scene and threatening a storied regional cuisine.
Egg prices have cooled due to an oversupply after avian flu–driven shortages, but producers face higher input costs (feed, fuel, labor) and squeezed margins even as demand for protein remains solid.
Ground beef hits a record $6.90 per pound as tighter cattle supplies and strong demand push prices higher; price gains have reached 24% since January 2025, with USDA projecting further increases into 2026. The White House has floated tariff relief and imports to ease prices, while restaurants adjust menus and consumers face higher grilling costs.