A record 183.4 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the National Retail Federation. NRF said that is up from the previous record of 182 million in 2023 and 18.1 million people more than five years ago in 2019.
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A 2024 housing study released Thursday by Boone County and the City of Columbia show the local market is plagued with high prices.
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Inflation in the U.S. hit its lowest level in more than three years in September, according to a government report released this week. The consumer price increase of 2.4% is the lowest since February 2021. However, the report notes that some prices remain high, including medical care, clothing, auto insurance and airline fares. Those “core
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COLUMBIA, Mo. (KMIZ) Roughly 45,000 dock workers from the Longshoremen’s Association continued to strike Wednesday across the East and Gulf coasts. The workers are demanding better pay and a ban on the use of automated equipment. The strike, which started on Tuesday, has raised concerns about a shortage of certain goods for some Americans. However,
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The Federal Reserve made lots of Americans happy on Wednesday.
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The U.S. Census Bureau released a report Tuesday saying Americans’ inflation-adjusted income had rebounded to pre-pandemic levels.
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AP Economics Writer WASHINGTON (AP) — The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans’ purchasing power. The proportion of Americans living in poverty also fell slightly last year, to 11.1%, from 11.5% in 2022. But the
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A local nonprofit said Tuesday that its rental assistance program would run short after federal COVID-19-era dollars are exhausted.
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By Alicia Wallace, CNN (CNN) — US job growth during much of the past year was significantly weaker than initially estimated, according to new data released Wednesday. The Bureau of Labor Statistics’ preliminary annual benchmark review of employment data suggests that there were 818,000 fewer jobs in March of this year than were initially reported.
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By Alicia Wallace, CNN (CNN) — Price hikes slowed more than expected in July, and, for the first time in more than three years, the Consumer Price Index has landed below 3%. That paves the way for the Federal Reserve to cut rates next month after a yearslong battle with inflation that sent rates spiking
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Home Depot says consumers are feeling crummy about the economy, and they’re dishing out less on major home renovation projects.
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COLUMBIA, Mo. (KMIZ) Columbia voters on Tuesday approved the continuation of the one-fourth-of-one-percent Capital Improvement Sales Tax. The approval will extend the sales tax for another 10 years. The current sales tax is set to expire on Dec. 31, 2025. According to the City of Columbia’s website, $94,350,000 would go toward public works, $15,450,000 would go
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Many fast food chains are offering special values to entice customers as the cost of their standard fare has grown.
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The start of fireworks sales Thursday in Missouri, one of America’s most fireworks-happy states.
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McDonald’s has revealed the details of its highly anticipated $5 value meal, which the fast food chain hopes will rev up sluggish sales and lure back customers who have cut back.
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The latest inflation report released Wednesday showed that price increases eased in May.
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COLUMBIA, Mo. (KMIZ) The latest inflation report shows the rising cost of goods is slowing, but the lasting effects from years of inflation are still impacting farmers and shoppers. The inflation report released Wednesday from the U.S. Bureau of Labor Statistics shows grocery prices remained relatively the same from April to May after prices fell
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COLUMBIA, Mo. (KMIZ) The total spending for Easter is slightly down this year after it increased the past few years reaching its highest peak in 2023 with $24 billion, according to the National Retail Federation. A survey conducted by the National Retail Federation and Proper Insights and Analytics showed that consumer spending is expected to
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COLUMBIA, Mo. (KMIZ) Sunday marked the last day of the True False Film Festival in Columbia, which was expected to bring in 10,000-15,000 people to the downtown area. With an influx of people flocking to the area, downtown businesses said they noticed an increase in business. Owner of Ninth Street Public House Jamez Kanne said
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Fed Chair Jerome Powell said Sunday that the American economy was on good footing.
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