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Vast Majority of Texans Say Food Costs Rising Faster Than Income

A recent survey found that the majority of Texans say food costs are rising faster than their incomes, and nearly half say they have been forced to cut back on their purchases of protein and fresh produce. No Kid Hungry, a Washington, DC-based nonprofit run by the organization Share Our Strength, released the grim findings: […]

‘Mysterious’: Shelter Costs Continue To Surge Under Biden-Harris Administration

Home prices surged in August despite an overall decline in inflation, according to the latest data released by the Bureau of Labor Statistics (BLS) on Wednesday. Housing costs rose 5.2% year-over-year in August and 0.5% on a monthly basis, accounting for more than 70% of total inflation and accelerating from July's annual housing inflation rate […]

Schumer lists rail safety, lowering insulin costs as top priorities for rest of 2024

Senate Majority Leader Chuck Schumer, D-N.Y., circulated a letter to senators Sunday afternoon warning them of the looming Sept. 30 government funding deadline and highlighting that rail safety legislation and proposals to lower insulin and prescription drug costs are his top remaining priorities for 2024. Schumer also said his priority over the next four months […]

Health care ‘shrinkflation’ hitting Americans with higher costs, longer wait times

Americans are suffering from health care “shrinkflation,” including longer wait times and shorter doctor visits, even as they pay more for care, Axios reported on Tuesday. “The United States spends more on health care than almost any other country, yet patients are getting less and less in return and enduring longer wait times with less […]

Intel CEO to pitch board on plans to shed assets, cut costs, source says

Intel Chief Executive Officer Pat Gelsinger and key executives plan to present a plan to the company's board later this month to cut nonessential businesses and restructure capital spending in an effort to revive the chipmaker's once-dominant position, according to people familiar with the matter. The plan also includes ideas about how to cut overall […]

USPS could slow service in certain areas as it seeks to cut costs

See what’s clicking on FoxBusiness.com. The United States Postal Service (USPS) is considering cost-cutting measures that could lead to delays in long-distance and rural mail delivery. If the proposed changes go into effect, which wouldn’t take effect until after the November election, customers within 50 miles of the Postal Service’s largest processing facilities would get […]