The Daily Money: Parenting in the remote work era
Good morning! It’s Daniel de Visé with your Daily Money.
We'll get to Consumer Friday shortly. But first. . .
Alisha Horton said her best work gets done at 5:30 each morning, while her baby and toddler are still sleeping.
Horton, who lives near Nashville, is one of thousands of parents who work from home without traditional childcare. With childcare costs rising at nearly twice the pace of inflation, many families are staying afloat financially by keeping their kids at home during remote work.
Are grocery prices still rising?
While the cost of eggs and some other items continue to rise, grocery price inflation overall seems to be leveling out.
The Bureau of Labor Statistics consumer price index for food at home was nearly flat from January to February. That’s because the index measures grocery costs on average. Major price hikes in a few food categories − eggs, anyone? − were offset by drops in several others.
Lead, arsenic found in infant formulas
Some infant formulas tested by Consumer Reports in a recent investigation contained potentially harmful levels of lead and arsenic, which could pose health risks for young children, Betty Lin-Fisher reports.
Consumer Reports also found per-and polyfluoroalkyl substances (PFAs) in almost all the infant formulas it tested. One contained both bisphenol A (BPA) and Acrylamide. In high doses, many of these substances can cause health issues, particularly for infants and younger children as they develop.
But the makers of some infant formulas are challenging the investigation.
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About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.