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Trump’s claim that Thanksgiving is cheaper this year has several glaring omissions

With Thanksgiving just three weeks away, many families will soon be hitting grocery stores for all the staples and paying significantly higher prices than in previous years. President Donald Trump is arguing prices are lower in 2025, but he’s leaving out significant details. In a recent post to his Truth Social account, Trump asserted that families will be paying less for Thanksgiving dinner than they did under former President Joe Biden, saying key items will be “25 percent lower . according to Walmart.” He insisted that prices under his administration are “lower than the Democrats on everything, especially oil and gas” and proclaimed “the Democrats ‘affordability’ issue is DEAD! STOP LYING!!!” He added. However, Trump’s citing of Walmart’s prices for Thanksgiving dinner are misleading, according to a Thursday report the network found that while Walmart’s 2025 Thanksgiving list is cheaper, it also only contains 23 items. The 2024 list included 29 items, and six of those items onions, celery, sweet potatoes, chicken broth, poultry seasoning, muffin mix, marshmallows, whipped topping and pecan pie were left off of this year’s list. Several of the items that didn’t make it onto Walmart’s 2025 Thanksgiving list include produce items that the U. S. often imports from Canada and Mexico. According to food supply chain technology company Silo, the U. S. imports roughly $384 million worth of onions from Mexico each year, along with $251 million worth of potatoes. Both Canada and Mexico have been hit with tariffs of anywhere from 25 percent to 35 percent. Food prices have remained stubbornly high despite Trump’s claims. According to the Federal Reserve Bank of St. Louis, the consumer price index for food at home in U. S. cities on average is 315. 489 as of September 2025, compared to 307. 201 in September of 2024. This week’s elections were seen as a referendum against the Trump administration’s handling of the economy since the president’s second term began in January. Democrats who ran on making food, housing and healthcare more affordable enjoyed double-digit margins of victory over their Republican opponents.

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Next Fed Decision in the US Becomes Increasingly Complicated: BLS Won’t Release Critical Data – Will This Affect Bitcoin?

The post Next Fed Decision in the US Becomes Increasingly Complicated: BLS Won’t Release Critical Data Will This Affect Bitcoin? appeared com. As the federal government shutdown in the United States enters its 35th day, the deadlock in Congress is increasing tensions in the economy and financial markets. The shutdown is expected to extend to a 36th day due to a lack of agreement between Democrats and Republicans, surpassing the 35-day record set during Donald Trump’s 2018-2019 term. Republicans are proposing a short-term budget extension (CR) for fiscal year 2025. This bill aims to give a permanent budget deal until November 2026. While Republicans argue the subsidies are “no longer necessary,” Senate Majority Leader John Thune and House Speaker Mike Johnson said they are open to discussing a reformed version but oppose including it in the budget. BLS Won’t Release New Report Until Government Opens U. S. Labor Secretary Julie Dremer said the shutdown has directly impacted employment data, and that Bureau of Labor Statistics (BLS) reports cannot be released until the government reopens. This denies investors and analysts access to critical indicators such as nonfarm payrolls, the unemployment rate, and wage growth. This lack of data makes it difficult to predict the Fed’s monetary policy decisions and leaves markets mired in uncertainty. Government shutdowns may have an impact on the cryptocurrency market, including Bitcoin, due to economic uncertainty and data flow pauses. *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:.