Money

Time - The average cost of keeping the house cool in the U.S. is expected to jump by nearly 8% this summer. Experts forecast cooling costs to reach an average of $719 from June 2024 through September, compared to $661 during the same period last year, according to a report by NEADA and the Center for Energy, Poverty and Climate. It's an upward trend that has continued over the past decade.

Robert Reich - 813 U.S. billionaires hold more wealth than half of American households.

Time - Prices in grocery stores across the country are now up 25% from pre-pandemic levels, data from the Bureau of Labour Statistics shows...Within the last few years, 80% of Americans say they’ve felt a notable increase in the cost of groceries—and more than a quarter have said they’ve occasionally skipped meals as a result of rising costs...

Most recent USDA data from 2022 shows that Americans were spending an average of 11% of their discretionary income on eating both at home and in restaurants—the highest percentage since 1991.... Americans spend an average of $550 a month on groceries... However, grocery prices are likely to vary greatly depending on a family’s size...