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Across party lines, nearly 80% of voters say it is unfair for companies to use personal data to set prices and demand a ban on the practice.
The price for a classic apple pie has skyrocketed nearly 40%, bratwursts are up nearly 30%, and watermelon will run 17% more, while travel prices soar heading into summer.
Gouged: The End of a Fair Price—And What That Means for Your Wallet Publishes September 29.
"Powell kept the economy resilient throughout the pandemic and, in combination with robust fiscal policy through COVID-era stimulus legislation, supported workers when they needed it most," said Liz Pancotti, managing director of policy and advocacy at Groundwork Collaborative, a progressive think tank.
Alex Jacquez: “What we’ve seen is that the last couple months in particular have not helped at all. We’ve seen the hottest inflation prints the last two months than we’ve seen since 2022, gas prices are sitting at $4.50, and on Tuesday we saw that real wages actually fell year-over-year for the first time since 2023.”
For example, some Instacart users shopping at an Ohio Target last year were charged $2.99 for a jar of Skippy Peanut Butter – while other shoppers on the app were charged $3.59, a Consumer Reports and Groundwork Collaborative study found.
But the current moment could also be an opportunity for progressives to show they have ambitious legislative plans, said Alex Jacquez, policy chief at the progressive advocacy group Groundwork Collaborative and a former adviser to President Joe Biden and for Sanders’ 2020 presidential campaign.
“We have seen that many working-class people just no longer feel that the American Dream of being in the middle class is attainable to them,” said Elizabeth Pancotti, managing director of policy and advocacy at Groundwork Collaborative. “For many, it is really just about the simple fact of having the security and stability of being able to afford the basics.”
Trump’s war in Iran has driven prices through the roof and today’s PPI reading shows there is no end in sight.
Today, the Senate voted to confirm Kevin Warsh as Chair of the Board of the Federal Reserve, elevating a Wall Street insider loyal to President Trump at a critical moment in the U.S. economy.