Get ready for the most expensive holiday travel season ever

Get ready for the most expensive holiday travel season ever

New York CNN Business — For travelers getting ready to make their first holiday trips since before the pandemic: prepare for sticker shock. Airfares are way up. US gas prices are higher than they’ve ever been at this time of year. Rates for hotel rooms and rental cars have jumped 12% and 46% respectively from … Read more

High inflation may prompt consumers to change summer vacation plans

High inflation may prompt consumers to change summer vacation plans

Summer vacation plans could be in flux this year. This time, it’s not because of Covid-19. Instead, high prices due to inflation may prompt prospective travel goers to switch up their plans. In fact, 69% of adults who say they will take a vacation this summer anticipate changing their travel plans as prices have soared … Read more

US inflation slips from 40-year peak but remains high 8.5%

US inflation slips from 40-year peak but remains high 8.5%

WASHINGTON (AP) — Falling prices for gas, airline tickets and clothes helped give Americans a slight break from the pain of high inflation last month, though overall price increases slowly only modestly from a four-decade high that was reached in June. Consumer prices jumped 8.5% in July compared with a year earlier, the government said … Read more

65% of Americans making $100,000 or more very concerned over inflation

65% of Americans making $100,000 or more very concerned over inflation

A customer shops for meat at a Target store on June 08, 2022 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Inflation is a real worry for many Americans — even those who earn six figures — and it’s impacting decisions about how they spend their money. Fully 96% of … Read more