# Inflation
Former Best Buy employee shares store secrets
One of the best things about social media is that it really helps with spreading useful information, and it does it fast. That's what happened with this Tik Tok video that went viral for all the right reasons. In the video we can see a former Best Buy worker that shares different store secrets. People all over the country responded to what he said, and the video currently has more than 400,000 comments.
San Diego median rent soars to $3,050 a month for two-bedroom apartments
Rent for a one-bedroom apartment in San Diego skyrocketed 31.3% over the last year. According to data from rental platform Zumper, the median San Diego rent for a one-bedroom unit is now $2,390 a month. Median rent on a two-bedroom has gone up 5.2% in the last month alone, coming in at $3,050 per month.
Gas prices to top $6 per gallon as summer-like heatwaves and food shortages persist
As the country faces record-breaking temperatures ahead of the summer, gas and food prices have gone soaring for the second time. Currently, the average price for a gallon of gas sits at $4.59 just a few months after things were seeming to go back to a manageable amount. Forecasters at JPMorgan Chase have predicted that prices will go above the $6 dollar mark by the time the new season rolls around. This marks a 30% increase amid multiple rate hikes and another round of Ukrainian aid, inflation, and cryptocurrency markets going into freefall.
Related Contributors
NYC Mayor Declares State of Emergency due To Baby Formula Shortage
photo of empty shelves in storePhoto by Wesley Tingey (Unsplash) As the nationwide baby formula shortage continues, Democratic New York City Mayor Eric Adams is doing something about it. Adams recently. This announcement gives the city the ability to focus their attention on stopping the price gouging of baby formula.
California Gas Prices Could Easily Reach $10 Per Gallon
photo of customer pumping gasPhoto by Dawn McDonald (Unsplash) The average state gas price in California is currently at a $6.06 per gallon. According to AAA Gas Prices, the highest average-priced county is Alpine county, at $6.79. The lowest is found at $4.67 in El Centuro county. And it doesn't look prices are going to be getting any better over the summer. On top of the Ukraine invasion and preparations for summer travel, here are a few other reasons why this is happening:
Get Free Gas With New Program
man pumping gasPhoto by Erik Mclean (Creative Commons/Unsplash) With the cost of living rising in so many areas, Mayor Lori Lightfoot wants to provide some relief to Chicagoans when it comes to traveling around town. Mayor Lightfoot is introducing a new program called Chicago Moves gives financial aid to help with the cost of transportation for 150,000 Chicagoans.
Investments Ruin The Climate Balance of Digital Corporations
For corporations like Microsoft, Alphabet, or Meta, greenhouse gas emissions double when financial investments are taken into account. Many digital corporations have set themselves climate protection goals in recent years and are striving to reduce their greenhouse gas emissions and achieve climate neutrality in the future. So far, however, they have usually not taken into account the effects of their financial investments.
Fun summer vacation staycation plans to handle rising gas prices and inflation
Archie Carr National Wildlife RefugeEllen Contreras. While watching Good Morning America over the weekend, they reported eye opening statistics on gas prices ahead of the Memorial Day holiday weekend. Back in 2020, the average price for a gallon of regular gas in the US was $1.87, in 2020 it rose to $3.04 and now it is up to $4.59. They also reported that airfare is up over 30%.
More Stimulus Money Coming to Delaware
stack of money in different amountsphoto by Colin Watts (Unsplash) If you're running light on cash right now, here is some good news for Delaware residents. By the end of May, the state of Delaware will be sending out a tax rebate to residents. Individual filers will receive $300, while married couples filing jointly would receive $600. Delaware citizens who have submitted a personal income tax return for 2020 will receive the rebates. According to Delaware Online, the rebate also applies to residents who did not earn enough to submit taxes in 2020.
Money Coming to Georgia Residents From State
money in hand being held outPhoto by JP Valery (Creative Commons/Unsplash) Many Georgia residents will received a nice surprise in their bank accounts as Governor Brian Kemp signed House Bill 1302, which ensures that the Georgia Department of Revenue will credit residents with a one-time refund after they file their taxes.
Link Between Inflation & Stimulus Checks
An official link between inflation and stimulus checks.(Frederick Warren/Unsplash) During one of the United States’ most challenging times about two years ago, the government authorized a series of three checks to be issued to qualifying Americans. Today in 2022, we are seeing some of the most inflated prices in American history: gas, food, shipping costs, baby formula, etcetera. Is the government taking their money back?
3 NJ Car Dealerships Reach $400k Settlement Over Consumer Protection Violations
As prices rise nationally, 3 NJ dealerships caught up-charging customers for used vehicles. Open Road Auto Group, Glen Motors, and Lynnes Dealership came to a settlement with DCA over allegations of illegal and deceptive practices used to up-charge customers for used cars.
Inflation in Ohio: new report shows many residents struggling to pay bills
Last year, 50% of Americans said they had no trouble paying household bills. This year, it's 40%. man shopping in grocery storePhoto by Mick Haupt (Unsplash) Are you struggling to bring in enough money to support your expenses? If so, please know you're not remotely alone. Overall inflation is up 8.3% since last year.
Support Grows For Monthly Stimulus Payments
Hand holding money fanned outPhoto by Sharon McCutcheon (Unsplash/Creative Commons) I don't have to tell you that prices for basically everything are going through the roof right now. The cost of housing and living expenses are going up more everyday. Nashville has some of the most expensive real estate in the country with the average monthly mortgage payment of $1,650 was up more than 50 percent from March 2021 to March 2022, according to the Nashville Post.
Brace For A Possible Increase In Menu Prices At Restaurants
Poor harvests, supply chain challenges, and Russia's invasion of Ukraine have contributed to food production shortages throughout the world, with cooking oil being the most recent product to be affected. And sadly, some people are warning that restaurants around the world might be forced to increase prices due to rising costs associated with cooking oil.
North Carolina Has 6.2 Billion Surplus, Will Governor Cooper Offer Stimulus Checks to North Carolinians?
Photo Courtesy of McKenzie Marco/UnsplashMcKenzie Marco. These are certainly precedent times we are living in. From the war between Ukraine and Russia, Food and Gas prices continue to rise, and we are still dealing with a Pandemic. Although the Federal Government has not approved a monthly stimulus check, some states had started sending the fourth check to households to help struggling families with the effects caused by inflation. Gas prices in North Carolina are on the rise. AAA reported North Carolina's average gas price is $4.246 compared to the National gas price average of $4.483.