FOOD – Page 5 – One America News Network

NEW YORK, NEW YORK - MARCH 10: A person shops for groceries at Lincoln Market on March 10, 2022 in the Prospect Lefferts Garden neighborhood of Brooklyn borough in New York City.The Labor Department reported that consumer inflation rose 7.9% over the past year, the largest rise since 1982, raising the prices of gas and consumer goods. Grocery costs rose to 8.6%, the biggest year-over-year increase since 1981, and gas prices increased 38% all within a 12 month period ending in February. (Photo by Michael M. Santiago/Getty Images)

Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed

Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.

AUSTIN, TEXAS - AUGUST 03: People pump gas at a Shell gas station on August 03, 2023 in Austin, Texas. Gas stations around the country have boosted prices by an average of 26 cents a gallon over the past month as irregular temperatures have made fuel-making more challenging due to the slowing of cooling processes needed to refine crude oil. (Photo by Brandon Bell/Getty Images)

U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates

U.S. inflation rose 2.9% in July last month, versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month.

UNSPECIFIED - MAY 16: (EDITOR’S NOTE: This Handout image was provided by a third-party organization and may not adhere to Getty Images’ editorial policy.) U.S. Army Soldiers assigned to the 7th Transportation Brigade (Expeditionary), U.S. Navy Sailors assigned to Amphibious Construction Battalion 1, and Israel Defense Forces emplace the Trident Pier, May 16, 2024 on the Gaza coast. The temporary pier, part of the Joint Logistics Over-the-Shore capability, will enable the maritime delivery of international humanitarian aid to the United Nations in Gaza for distribution to Palestinian people in need. (Photo by U.S. Central Command via Getty Images)

$320M U.S. Military-Built Pier In Gaza To Be Reinstalled For ‘Several Days,’ Only To Be Permanently Removed After

According to U.S. officials who reached out to the press, the pier that the U.S. military constructed to deliver humanitarian aid to Gaza was put back in. However, it will be utilized for only a few days before being permanently removed.

A woman shops in a supermarket in Los Angeles, California, U.S., June 13, 2022. REUTERS/Lucy Nicholson/File Photo

US consumer confidence retreats slightly; house prices remain elevated

The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.

NEW YORK, NEW YORK - JULY 04: Defending champion Joey Chestnut competes in the 2023 Nathan's Famous Fourth of July International Hot Dog Eating Contest on July 4, 2023 at Coney Island in the Brooklyn borough of New York City. The men's contest was postponed due to thunderstorms but later happened without spectators allowed into the "arena." The annual contest, which began in 1972, draws thousands of spectators to Nathan’s Famous located on Surf Avenue. (Photo by Alexi J. Rosenfeld/Getty Images)

Joey Chestnut Banned From 2024 Nathan’s Hot Dog Eating Contest

The hot dog news coming out of Coney Island will see the best competitor left out of the biggest hot dog eating competition.

Shoppers converge in a Target store in Chicago, Illinois, U.S. November 21, 2023. REUTERS/Vincent Alban/File Photo

Target, Walmart shoppers seek home goods, grocery delivery online

U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump.