The U.S. consumer price index rose 7.1% in November from a year ago — down from a 40-year high of 9.1% in June. But hot inflation continues to hit consumers hard.
According to the National Energy Assistance Directors Association (NEADA), roughly 20 million households in the U.S. — one out of six homes — are behind on their utility bills.
As of August, these families owe about $16.1 billion in total, with an average amount owed of $788 — and the consequences of this could be dire, especially as home heat costs are expected to reach their highest level in over […]
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