While chicken prices nationwide have increased, retailers such as Costco and BJ's are still selling rotisserie chickens for under $5. That's part of a broader strategy.
America runs on diesel. It keeps freight moving, factories humming and farmers planting. But a surge in diesel prices is making everything more expensive.
America runs on diesel. It keeps freight moving, factories humming and farmers planting. But a surge in diesel prices is making everything more expensive.
Jerome Powell was confirmed to a second term as Federal Reserve chairman. The Senate vote comes as the central bank faces intense pressure to bring down inflation.
In an address from the White House Tuesday, President Biden contrasted his administration's plans to tackle rising costs with what he called Republicans' "ultra-MAGA" plan.
Markets jumped after Fed Chair Jerome Powell said the central bank was not contemplating bigger rate hikes than the half-a-percentage-point increase it delivered on Wednesday.
The Federal Reserve raised interest rates by half a percentage point Wednesday, in an effort to cool off demand and lower inflation. Consumer prices have been rising at the fastest pace in 40 years.
The Federal Reserve is expected to approve its largest interest rate hike in more than two decades this week. Additional rate increases are likely, as the Fed tries to regain control over inflation.