Up To $400 'Inflation Refund' Checks On Way To Millions Of NY Households: Here's Who Qualifies Up To $400 'Inflation Refund' Checks On Way To Millions Of NY Households: Here's Who Qualifies
Up To $400 'Inflation Refund' Checks On Way To Millions Of NY Households: Here's Who Qualifies New Yorkers will get some financial relief this fall. “Inflation refund” checks of up to $400 will be mailed directly to 8.2 million households across New York beginning in October, Gov. Kathy Hochul announced Wednesday, May 14. No application, sign-up, or extra steps are required. The checks are part of the FY 2026 State Budget and aim to ease the financial strain on working- and middle-class families impacted by rising prices, Hochul’s office said. “It’s simple—this is your money and we’re putting it back in your pockets,” Hochul said in a statement. “I’ll never stop fighting to help you…
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook
Inflation Holds Steady, Grocery Prices Drop As Trump's Trade Policies Cloud Outlook Inflation was relatively flat as President Donald Trump's sweeping tariffs went into effect in April, with lower grocery prices helping keep overall costs in check. Monthly inflation increased just 0.2% from March, the Bureau of Labor Statistics said on Tuesday, May 13. Consumer prices rose 2.3% from April 2024, the smallest yearly inflation since February 2021. The annual inflation number was slightly below the 2.4% Dow Jones forecast, CNBC reported. Wall Street didn't react much to the consumer price index (CPI) data, with stocks and Treasury yields staying relatively unchanged when …
On The Border Finds Buyer After Tex-Mex Restaurant Chain Declared Bankruptcy On The Border Finds Buyer After Tex-Mex Restaurant Chain Declared Bankruptcy
On The Border Finds Buyer After Tex-Mex Restaurant Chain Declared Bankruptcy A Texas restaurant company is set to buy On The Border Mexican Grill & Cantina after the Tex-Mex chain filed for bankruptcy, closing more than 70 locations – including more than a dozen in the Northeast. Pappas Restaurants won an auction for On The Border, the Houston-based group said in a news release on Wednesday, May 7. The deal needs court approval and is expected to be finalized "in the coming weeks." The price wasn't mentioned in Pappas' announcement. The company previously submitted a $15.9 million stalking horse bid to buy On The Border, FSR Magazine reported in A…
Sam’s Club Drops Membership to Just $20 — But Only Through May 12 Sam’s Club Drops Membership to Just $20 — But Only Through May 12
Sam’s Club Drops Membership to Just $20 — But Only Through May 12 Sam’s Club doesn’t offer membership deals like this often, but right now, for a limited time, new members can score a Sam’s Club annual membership for just $20—less than half the regular $50 price. The offer is available online only through May 12, 2025, and it unlocks access to one of the country’s most popular warehouse clubs. With inflation still tightening budgets, this promotion couldn’t come at a better time.  The $20 membership gives access to all Sam’s Club locations nationwide, along with exclusive member pricing on groceries, cleaning supplies, tech, home goods, and more. Mem…
McDonald's Suffers Biggest US Sales Hit Since COVID-19 Pandemic Began: Here's Why McDonald's Suffers Biggest US Sales Hit Since COVID-19 Pandemic Began: Here's Why
McDonald's Suffers Biggest US Sales Hit Since Covid-19 Pandemic Began: Here's Why Sales at McDonald's experienced their sharpest drop since the start of the COVID-19 pandemic, as companies struggle to navigate chaotic economic conditions in the US. McDonald's sales in the US fell 3.6% in the first quarter of 2025, the company said in its earnings report on Thursday, May 1. The drop marks the fast food giant's steepest quarterly decline since the second quarter of 2020, when US sales plummeted by 8.7% as the pandemic forced restaurants worldwide to temporarily close. The slump was more than double what economists expected and came as inflation, tariffs, and…
Xbox Console, Game Prices Rise As Trump's Tariffs Hit Gamers: Here's What You'll Pay Xbox Console, Game Prices Rise As Trump's Tariffs Hit Gamers: Here's What You'll Pay
Xbox Console, Game Prices Rise As Trump's Tariffs Hit Gamers: Here's What You'll Pay Xbox video games, consoles, and accessories are now more expensive as gamers navigate higher production costs and mounting trade pressure from President Donald Trump's sweeping tariffs. The Xbox Series X now costs $599.99, up from $499.99, Microsoft announced on Thursday, May 1. The cheaper Series S 512GB model is up to $379.99, while the 2TB Galaxy Black Special Edition console price jumped to $729.99. Some new, first-party games are expected to cost $79.99 by the holiday season. "We understand that these changes are challenging, and they were made with careful consideration given ma…
Unemployment Claims Surge, GDP Shrinks As Recession Fears Rise Under Trump Unemployment Claims Surge, GDP Shrinks As Recession Fears Rise Under Trump
Unemployment Claims Surge, GDP Shrinks As Recession Fears Rise Under Trump Unemployment claims unexpectedly rose as the US economy shrank amid President Donald Trump's sweeping tariffs, further escalating concerns of a coming recession. Initial unemployment claims jumped to 241,000 for the week ending Monday, April 26, according to Department of Labor data released on Thursday, May 1. That's the largest weekly number since February and 18,000 more than the prior week. The surge pushed the four-week moving average to 226,000 first unemployment claims. The 241,000 claims were also well above the Dow Jones estimate of 225,000, CNBC reported. Continued…
US Economy Shrinks, Private Jobs Report Disappoints As Trump's Tariffs Spark Financial Slump US Economy Shrinks, Private Jobs Report Disappoints As Trump's Tariffs Spark Financial Slump
US Economy Shrinks, Private Jobs Report Disappoints As Trump's Tariffs Spark Financial Slump The US economy shrank during President Donald Trump's first three months back in office, breaking a three-year growth streak as imports surged ahead of his trade wars. Real gross domestic product fell at an annual rate of 0.3% in the first quarter of 2025, according to Bureau of Labor Statistics data released on Wednesday, April 30. It marked the first quarter of negative growth since early 2022. The economic contraction is a dramatic drop from the 2.4% GDP growth the US experienced in the fourth quarter of 2024. The shrinking was largely due to a 41.3% spike in imports …
Economic Expectations Sink To 14-Year Low As Trump's Tariffs Crush Consumer Confidence Economic Expectations Sink To 14-Year Low As Trump's Tariffs Crush Consumer Confidence
Economic Expectations Sink To 14-Year Low As Trump's Tariffs Crush Consumer Confidence Consumer confidence has continued its sharp decline in 2025 as President Donald Trump's tariffs fueled Americans' pessimism about the economy, jobs, and their own incomes. The Conference Board's Consumer Confidence Index dropped 7.9 points to 86.0 in April, the nonprofit said in a news release on Tuesday, April 29. This marked the fifth straight decline and the lowest reading since the early days of the COVID-19 pandemic. The Expectations Index, which tracks views of the next six months, plunged 12.5 points to 54.4 – its lowest level since October 2011. That's far b…
New Stance On Tariffs By One Of America's Biggest Grocery Store Owners Could Protect Prices New Stance On Tariffs By One Of America's Biggest Grocery Store Owners Could Protect Prices
New Stance On Tariffs By One Of America's Biggest Grocery Store Owners Could Protect Prices Albertsons Companies is warning its suppliers: don't expect to pass tariff costs on to us, and definitely don't think we'll pass them on to our shoppers. In a letter sent to suppliers in March 2025, Albertsons told vendors that, with few exceptions, it "is not accepting cost increases due to tariffs," according to reporting by BoiseDev. The grocery giant further advised that any tariff-related surcharges added to invoices without prior approval could cause disputes and payment delays. Supermarket News and Grocery Nerd confirmed that suppliers seeking an exception must submit a detailed…
Trump Sinks To Lowest 100-Day Approval In 80 Years, Poll Shows Trump Sinks To Lowest 100-Day Approval In 80 Years, Poll Shows
Trump Sinks To Lowest 100-Day Approval In 80 Years, Poll Shows Donald Trump just made history — but not the kind he wanted. A new ABC News/Washington Post/Ipsos poll shows Trump’s approval rating has sunk to 39 percent just 100 days into his second term, the lowest for any president at this point in office in more than 80 years, according to a report released Sunday, April 28. The poll, conducted nationally, paints a grim picture for the former president as Americans grow increasingly nervous about the economy.  Seventy-two percent believe Trump's policies are likely to cause a recession soon, while 73 percent already say the economy is in bad sh…
Here's Percentage Of Americans Who Approve Of Trump's Handling Of Economy: New Poll Here's Percentage Of Americans Who Approve Of Trump's Handling Of Economy: New Poll
Here's Percentage Of Americans Who Approve Of Trump's Handling Of Economy: New Poll A new poll finds what Americans think about how President Donald Trump is managing the economy as he nears the 100-day mark of his second non-consecutive term. Just 37 percent of respondents said they support Trump’s approach to economic issues, according to a Reuters/Ipsos poll released on Wednesday, April 23.  That marks a sharp drop from the 42 percent approval rating measured shortly after his Monday, Jan. 20 inauguration, and the lowest economic approval level Trump has recorded in either term. The survey highlights growing unease over Trump’s aggressive economic strategy, which …