The average wholesale price of turkeys was $1.35 per pound in mid-November. But the retail price of frozen tom turkeys has fallen to an average of 87 cents a pound. Why? Because grocers know cheap turkeys draw customers into the store.
An old one hundred trillion Zimbabwean dollar note on top of a pile of other old Zimbabwean notes of various denominations in Harare, Thursday. Starting next week, Zimbabweans will be able to exchange their trillions for up to $5 U.S.
Construction workers in Washington, D.C., in December. The latest jobs report will further drive the "misery index" to its lowest level in more than half a century. But economists say meager wages and big debts are still problems.
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Target shoppers Kelly Foley (from left), Debbie Winslow and Ann Rich use a smartphone to look at a competitor's prices while shopping shortly after midnight on Black Friday, in South Portland, Maine.
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Meat is displayed in a case at a grocery store in Miami. The index of retail prices for meats, poultry, fish and eggs was up 7.7 percent from a year ago — more than triple the overall inflation rate.
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Sign of the times: Markdowns at a discount clothing store in New York City last month. Such stiff competition for consumers' dollars is helping to keep inflation in check.
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