Noteworthy News

We've scoured the internet so that you don't have to. Consider this our monthly roundup of relevant news articles to support your pursuit of prosperity. 

10 Grocery Items Getting Pricier and Alternatives to Buy Instead

Americans are spending nearly 12% more on their groceries than a year ago, according to recent data from the Bureau of Labor Statistics. The federal agency reports that food prices were up 11.9% for the year ending with May 2022. That’s the largest 12-month increase since the period ending in April 1979. The price of many grocery items is soaring, but you can save money by making smart substitutions.

How Gas Prices Are Determined

Gasoline prices just keep climbing, with a national average of $4.94 per gallon as of June 22. That probably has many frustrated drivers asking, "Who controls gas prices?" The short answer is: No one person, company or government can really be said to set gas prices.

But it is possible to break down some of the major factors that go into determining what a gallon of gas sells for.

What Should You Do About Bond Price Declines?

Bond prices are declining. What does that mean for you and what can you do about it?

These Strategies Will Help You Pay Off Credit Card Debt As Interest Rates Rise

Rising interest rates have pushed the annual percentage rates on credit cards to new highs.

The average annual percentage rate on a new credit card is now more than 20%, according to LendingTree’s tracker. It’s the first time that rates have topped 20% since the tracker began in 2018.

“When you factor in that the cost of everything is rising seemingly on a daily basis, the last thing consumers need is for credit card rates to hit a new high, but that’s where we are,” said Matt Schulz, chief credit analyst at LendingTree.