Are you willing to pay more for ‘Made in the USA?'
A recent survey asked Americans if they would be willing to pay more for a product that's made in the United States. Three-quarters of respondents said they would. However, economists say that when it comes time to actually make a purchase, price is the primary factor. KTLA's David Lazarus reports.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
The cheapest grocery stores in 2025 have been named — and the first-place winner is expanding in NYC
Check out these checkouts. As food prices are expected to rise by up to 3.5% in 2025, according to the USDA, many Americans are looking for ways to keep their grocery bills in check. A recent study by MarketForce, which surveyed over 4,300 shoppers, highlights the grocery stores that best balance affordability with quality. Whether it's inflation, supply chain issues or simply the high cost of living, everyone could use a break at checkout. Here's your chance, according to the roundup, with seven grocers helping customers stretch their dollars without sacrificing taste or freshness. Lidl has been a rising star in the U.S. discount grocery scene, especially in NYC, where it has been expanding locations, including in Brooklyn. The store layout is inspired by European roots, which helps Lidl keep its overhead low by minimizing staffing and using a streamlined warehouse-style setup. This helps reduce costs for shoppers, making it one of the most budget-friendly options for families. According to the MarketForce study, an impressive 81.4% of customers return to Lidl because of its unbeatable value. The store's affordable pricing is made better with the quality of its products, the report notes. In addition to the usual grocery items, Lidl also surprises customers with seasonal and non-food items, from power tools to potted plants. If you've ever dreamed of paying Costco prices without the membership fee, WinCo Foods is where it's at. This employee-owned chain has become a household name in many parts of the U.S., with 139 locations spread across 10 states. WinCo operates a warehouse-style model focusing on low prices by cutting out the middleman. It buys directly from manufacturers and even has customers bag their own groceries. The strategy must be working: a whopping 73.1% of shoppers cited value for money as their main reason for frequenting WinCo. Its bulk sections are also noted as a treasure trove for those seeking to stock up on essentials like flour, rice and dried goods at steep discounts. Grocery Outlet's business model revolves around selling overstocked or discontinued items at discounted prices. Locations vary by region, but the appeal is universal: customers can score big on both name-brand and private-label products. Fresh produce, dairy and meat are always stocked, while their natural and organic sections offer a variety of specialty items like vegan and gluten-free foods — often for less than what you'd find at other places. Notably, 71.4% of shoppers reported returning to Grocery Outlet for the exceptional value it provides. Aldi's reputation for value is legendary — and the numbers don't lie. The MarketForce study found that 70.4% of shoppers favor Aldi for the exceptional value it offers. With a European-inspired model, Aldi keeps costs low by minimizing staff, using simple displays, and encouraging customers to bag their own groceries. Despite this no-frills approach, Aldi shoppers can find everything from pasta and canned goods to frozen items and fresh produce. If you're looking to make your budget stretch even further, Aldi is also home to great deals on dairy, baked goods and even alcohol. Known for its vast selection of high-quality store-brand products, Wegmans is a favorite among many shoppers, particularly in the Mid-Atlantic region. The family-owned grocer boasts more than 110 stores and has become well-known for its excellent customer service and affordable prices. A solid 68.7% of MarketForce respondents cited value for money as their main reason for choosing Wegmans. Wegmans stands out for its wide range of organic and healthy food options, from fresh produce to gluten-free snacks. The grocer expanded to Long Island earlier this year and continues to extend its reach beyond the Northeast. Despite its smaller footprint compared to traditional grocery stores, about 67.2% of study participants mentioned that they return because of the store's value. While it's famous for its affordable and fun frozen-food options, much-beloved Trader Joe's also serves up fresh produce, unique snacks, seasonal items and high-quality private-label goods. While Costco may require a membership, the savings it offers can make it worth the investment. Known for its bulk-buying model, Costco allows customers to purchase everything from household essentials to luxury items at steeply discounted prices. Whether it's buying a year's supply of toilet paper, a bulk pack of fresh fruit, gourmet cheeses or pantry staples, according to the MarketForce study, 61.4% of customers return to Costco for its impressive deals.
Miami Herald
3 hours ago
- Miami Herald
President Trump sends harsh message to Federal Reserve on interest rate cuts
President Trump upped the ante on the Federal Reserve hours after the latest jobs report, angrily demanding Fed Chair Jerome H. Powell slash the federal interest rate to create greater demand for consumer loans and better terms for business investment. And POTUS wasn't shy about it. Related: Veteran fund manager resets stock market forecast amid Musk, Trump fallout The president pounded out a furious message to the central bank chair, once again calling him "Too Late" Powell in Truth Social media posts. The lashing included references to rate cuts in Europe, plus a debatable declaration that there is "virtually no inflation (anymore)." The President's June 6 comments came as the Department of Labor reported that hiring remained stable in May with employers adding 139,000 jobs, gains that were slightly higher than expected but down from April. The unemployment rate stayed the same at 4.2%, as expected by most economists. Image source:While stocks bounced on the jobs report and recession concerns eased a tad, there is still a strong sense of caution due to the recession and, in some corners, even stagflation concerns. The $36.21 trillion U.S. debt, one of the major points of debate of Trump's "Big Beautiful Bill," now in the Senate, also made the president's screed. "If 'Too Late' at the Fed would CUT, we would greatly reduce interest rates, long and short, on debt that is coming due…Very Simple!!! He is costing our Country a fortune. Borrowing costs should be MUCH LOWER!!!,'' wrote President Trump. Related: Jobs report shifts Fed interest rate forecasts President Trump, just days before the June 6 jobs report, blasted the central bank chairman as "unbelievable" and a "disaster" on Truth Social for Powell's delay in lowering interest rates, a move Trump maintains is choking economic growth. Minutes from a meeting of the Federal Reserve Bank leaders, which was held in early May and released on May 29, show the central bank voted to undertake open market operations "as necessary" to maintain the federal funds rate in a target range of 4.25% to 4.50%. The Board of Governors of the Federal Reserve System also voted unanimously in early May to approve establishing the primary credit rate at the existing level of 4.5%, meaning interest rates for lenders, consumers, and the rest of Americans likely won't fall in the short term. This led to Trump's increasing displays of frustration against Powell. Veteran fund manager Chris Versace wrote on TheStreet Pro that the market will likely rethink the three 25-basis point rate cuts expected per the CME's Fed Watch Tool. "With Atlanta Fed President Raphael Bostic signaling ahead of this data that he sees room for just one rate cut, the growing likelihood is more Fed heads will fall into that camp based on the aggregate data published this week." Versace says. " We also have to wonder if Bostic's comment helps lay the groundwork for the Fed's upcoming set of economic projections that it will publish alongside its next policy decision on June 18.'' Related: Analyst resets stocks, gold outlook after rally The chances of more than one rate cut in the second half of 2025 will likely increase if May CPI and PPI inflation data released this coming week support "May inflation data we've seen thus far and there is no meaningful progress on trade deals,'' Versace says. The president isn't buying it. "Too Late" at the Fed is a disaster! Europe has had 10 rate cuts, we have had none,'' Trump posted. Note that Europe has actually had eight central bank cuts recently, not ten. "Despite (Powell), our Country is doing great,'' Powell said. "Go for a full point, Rocket Fuel!" The "Rocket Fuel'' moniker is apparently a new one from the White House. A spokesperson for the Federal Reserve, responding to a comment about the full point cut, said, "We don't have anything to share here." Related: Veteran fund manager who predicted April rally updates S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
3 hours ago
- Yahoo
Why Riot Platforms, Inc. (RIOT) Soared On Friday
We recently published a list of . In this article, we are going to take a look at where Riot Platforms, Inc. (NASDAQ:RIOT) stands against other Friday's best-performing stocks. Riot Platforms saw its share prices rise by 9.57 percent on Friday to close at $9.85 apiece, mirroring Bitcoin's rally, supported by its improved production of the cryptocurrency last month. As of writing, Bitcoin's prices are up by 2.78 percent at $104,434.90 apiece, as traders cheered news of better-than-expected employment data. Meanwhile, Riot Platforms, Inc. (NASDAQ:RIOT) announced earlier this week that it was able to mine 514 Bitcoins last month, or 11 percent higher than the 463 produced in April, and by 139 percent as compared with the 215 Bitcoins in the same month last year. A computer engineer working in a futuristic office, programming algorithms to mine cryptocurrency. The company said the higher Bitcoin production was supported by an increased hash rate of 35.4 EH/s. Bitcoin mining aside, Riot Platforms, Inc. (NASDAQ:RIOT) said it recently acquired 355 acres of land near its Corsicana site, intended for the development of data centers to serve high-performance compute, which typically require larger footprints than bitcoin mining to utilize the same power capacity. 'We will continue to look to strategically add additional land parcels to ensure that our Corsicana site is ideally suited to support designs for data centers that serve the needs of hyperscale and enterprise tenants,' said Riot Platforms, Inc. (NASDAQ:RIOT) CEO Jason Les. Overall, RIOT ranks 8th on our list of Friday's best-performing stocks. While we acknowledge the potential of RIOT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
