More Americans Are Turning to Food Banks for Help, Inflation Is Making It More Expensive to Feed Them

We are seeing an increase in food insecurity around the country and this time around it is not due to a wave of people losing jobs, rather high inflation has been hitting Americans hard, leading many to seek out help from food banks.  Lora Kelley, business reporter at the NY Times, joins us for how the food banks themselves are struggling to meet demand as they see decreasing donations and increased costs due to paying more for transportation and acquiring food. 

Next, despite fears of a recession and record-high inflation, pent-up demand for travel and fun are leading people to Las Vegas.  After sheltering for most of the pandemic, older consumers are returning to the Strip, international travelers are also back, and work and fan conventions are filling up the calendar.  Katherine Sayre, gambling reporter at the WSJ, joins us for how people are feeling lucky as Vegas is still booming.

Finally, American’s urge to spend has not stopped even as prices have increased, and they are whipping out their credit cards and charging it.  There has been a shift in buying physical goods and home items during the pandemic to spending on experiences like travel and entertainment and it’s raising the amount of credit card debt.  Javier David, managing editor for business and markets at Axios, joins us for what to know about soaring credit card debt.

See omnystudio.com/listener for privacy information.