inflation

Grocery costs in 2026: Which states are spending the most on food?

The states that spent the most on food were Mississippi, West Virginia and Arkansas. See where your state ranked. The price of groceries has surged by nearly 30% since 2019, according to the USDA. Despite this, income growth has not kept up with inflation and Americans are finding they have to spend a larger share of their income on food. Here's which states spend the most on groceries, according to data collected by WalletHub. By the numbers: Residents in Mississippi spent the most on groceries, according to WalletHub. On average, people spent 2.6% of their income on food.

Fed's Musalem Says Lowering Rates Now Would Be 'Unadvisable'

Federal Reserve Bank of St. Louis President Alberto Musalem says officials should hold off from lowering interest rates further at this time to prevent stoking inflationary pressures. He speaks at the annual Arkansas Business Forecast Luncheon in Rogers, Arkansas. (Source: Bloomberg)

Source: https://www.bloomberg.com/news/videos/2026-01-30/fed-s-musalem-says-lowering-rates-now-would-be-unadvisable