Tag Archives: costs

Expect ‘sticker shock’ from home heating costs this winter, says analyst

Expect ‘sticker shock’ from home heating costs this winter, says analyst

Households can expect to pay more to heat their homes this winter. “Natural gas futures (NG=F) prices are more than double what they were one year ago,” according to Andy Lipow of Lipow Oil Associates. The energy analyst notes home heating oil is also higher and the cost of delivering it to the home is going up as well. “The consumer is going to pay more for their heating bills this winter, whether they use natural gas or home heating oil. Most will have sticker shock,” Lipow recently… Source link

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What’s in the (now Sinema approved) bill aimed at lowering costs for Americans

What’s in the (now Sinema approved) bill aimed at lowering costs for Americans

It’s a deal set that is set to use hundreds of billion dollars over the coming decade to reshape the fight against climate change, how Obamacare works, the price of prescription drugs, and the U.S. tax code’s treatment of big corporations. Sens. Chuck Schumer (D-NY) and Joe Manchin (D-WV) surprised the world on July 27 when they released their sweeping bill known as the Inflation Reduction Act (IRA). Then on August 4, Sen. Kyrsten Sinema (D-AZ) propelled the deal closer to the finish line… Source link

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What’s in a new bill aimed at lowering costs for Americans

What’s in a new bill aimed at lowering costs for Americans

It’s a deal set to raise over $800 billion in the coming decade for everything from fighting climate change to extending Obamacare. And it’s projected to bring down the deficit to boot. Sens. Chuck Schumer (D-NY) and Joe Manchin (D-WV) surprised the world on July 27 when they released a sweeping, 725-page bill known as the Inflation Reduction Act (IRA) — instantly resuscitating a key Democratic agenda item aimed at bringing down costs for the middle class. The compromise comes after… Source link

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Bo Jackson helped cover funeral costs for Uvalde school shooting victims

Bo Jackson helped cover funeral costs for Uvalde school shooting victims

Former Raiders and MLB star Bo Jackson revealed this week that he had donated to help cover funeral costs for the victims of the mass shooting at Robb Elementary School in Uvalde, Texas, earlier this year. Jackson, who doesn’t have a real connection to the city other than having driven through it in the past while on hunting trips, said he just felt compelled to help after 19 students and two teachers were killed in May. “I don’t know if it’s because I’m getting old. It’s just not… Source link

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BlackRock joins Wall Street firms in covering employees’ abortion travel costs: Internal memo

BlackRock joins Wall Street firms in covering employees’ abortion travel costs: Internal memo

BlackRock (BLK), the world’s largest asset manager, is set to expand its health care plan to cover travel expenses for U.S. employees seeking abortion services, per an internal memo obtained exclusively by Yahoo Finance. The company joins a growing docket of firms on Wall Street making similar commitments following Friday’s Supreme Court decision to overturn Roe v. Wade. “Through company-sponsored health insurance, we have long provided reproductive health care services, including coverage… Source link

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U.S. families face ‘exponential increase’ in child care costs: Care.com CEO

U.S. families face ‘exponential increase’ in child care costs: Care.com CEO

Child care is getting more expensive, putting even more financial pressure on American families at a time when they’re already paying more for groceries and gas. According to a recent survey from Care.com, nearly two-thirds of parents say child care costs have gone up in the past year. As a result, 59% are more concerned about how much they will spend on child care this year compared to previous years. “It’s eating up wallet share and doesn’t leave money for other goods,” Care.com CEO… Source link

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Energy costs rise by most since 2005 as gas prices weigh on consumers

Energy costs rise by most since 2005 as gas prices weigh on consumers

Energy prices saw the biggest one year jump since 2005 last month amid a hotter than expected inflation print. The energy index rose 3.9% last month according to the Bureau of Labor Statistics’ Consumer Price Index (CPI) published Friday after a 2.7% decline in April. Gasoline, fuel oil and natural gas prices all increased in May. Gasoline prices rose 4.1% month-over-month, fuel oil spiked 16.9% from the prior month, and natural gas also rose 8% during the same span. The energy index rose 34.6%… Source link

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Nick Cannon says it costs his ex-wife Mariah Carey $150,000 or more ‘just to walk out the house’

Nick Cannon says it costs his ex-wife Mariah Carey $150,000 or more ‘just to walk out the house’

Mariah Carey and Nick Cannon married in 2008.Denise Truscello/WireImage/Getty Images He said during their marriage, he learned just how expensive it was to be Carey. Cannon attributed the costs to “everything from security to hair and makeup to jets.” Nick Cannon discussed how his marriage to his ex-wife, Mariah Carey, impacted his work ethic on “The Joe Budden Podcast,” noting that the singer wouldn’t leave the house for a gig unless there was a hefty price tag attached. “Mariah don’t step out… Source link

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‘Putin’s price hike’ and oil company inaction are driving costs higher, WH economist says

As oil prices continue to spike, the White House and the oil industry have been engaged in tit-for-tat all week about whether more can be done to ramp up domestic energy supplies. The industry and many of its largely Republican allies in Washington have criticized the White House over what they say are onerous regulations, a slow permitting process, and President Biden’s revocation of the Keystone XL pipeline permit. In response, the White House said that the pipeline would still be under… Source link

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