![]() ![]() ![]() ![]() Rising rental costs are a tricky issue for the Fed. “Services price increases tend to be more persistent than increases in the prices of goods,” Raphael Bostic, president of the Federal Reserve Bank of Atlanta, noted in remarks last week. Health care services, education and even veterinary services are still rising rapidly in price. Yet prices for services - particularly rents and housing costs - are remaining persistently high and will likely take much longer to come down. Target began offering holiday deals earlier this month. Walmart has said it will offer steep discounts on such items as toys, home goods, electronics and beauty. Those price cuts might have lowered inflation in September or will do so in the coming months. Large retailers, too, have started offering early discounts for the holiday shopping season, after having amassed excess stockpiles of clothes, furniture and other goods earlier this year. ![]() (Used vehicle prices had soared in 2021 after factory shutdowns and supply chain shortages reduced production.) Wholesale used car prices have dropped for most of this year, though the declines have yet to show up in consumer inflation data. Inflation has swollen families’ grocery bills, rents and utility costs, among other expenses, causing hardships for many and deepening pessimism about the economy despite strong job growth and historically low unemployment.Īlong with lower gas prices, economists expect the prices of used cars to reduce or at least restrain inflation in the coming months. Those higher labor costs, in turn, are often passed on to consumers in the form of higher prices. Airfares rose a brisk 0.8% from August to September.Ī range of services industries, including airlines, hospitals and even veterinary services - are having to rapidly raise wages to attract the workers they need. Both Delta and American Airlines, for example, reported strong revenue and profit growth this week, driven by increased demand from travelers. Inflation in services is being fueled mainly by steady consumer demand and higher labor costs. The cost of eyeglasses and eye care, for example, jumped 3.2% from August to September, the sharpest one-month increase on record. Higher prices for many services - health care, auto repair and housing, among others - drove inflation last month. 8 midterm elections after a campaign season in which spiking prices have fueled public anxiety, with many Republicans casting blame on President Joe Biden and congressional Democrats. Thursday’s report represents the final U.S. markets swung sharply lower, with the Dow Jones Industrial Average futures moving from several hundred points up to a 400-point decline in seconds. In the end, readers are left to imagine what new weekly adventures Marlene and her mom might discover together, outside the stifling walls of the salon.Major U.S. Eager to value her unique identity, Marlene eventually learns how to advocate for herself, and her journey to proud self-acceptance is nothing short of joyful. Scenes pulled from Marlene’s imagination break through panel outlines, reinforcing her exuberance and growing frustrations.įrizzy is an intimate mother-daughter drama that sensitively explores the concept of so-called “good hair,” a manifestation of racist beauty standards, as well as how such internalized anti-Blackness gets passed down through generations. They use a palette of roses, plums and soft teals to play perfectly off the warm brown and russet tones of Marlene’s skin and hair. Bousamra’s artwork skillfully portrays lively city scenes and cozy interiors alike. The result is a spirited story of a girl’s quest to embrace who she is. Ortega, the bestselling author of Ghost Squad and the Witchlings series, is joined by debut artist Rose Bousamra. How can Marlene be proud of who she is if everyone around her constantly makes her feel imperfect?įor her first graphic novel, Claribel A. After encouragement from her best friend, Camilla, and a little help from a YouTube tutorial, Marlene decides to wear her natural hair to school, but she gets ruthlessly bullied by her classmates and punished by her mom. And unlike on “Super Amigas,” there’s no way for Marlene to win this battle. Marlene, who is Dominican American, has an imagination as vivid and untameable as her naturally curly hair, so she survives each week’s torture session by imagining herself as the star of her favorite show, “Super Amigas,” with her stylist as a supervillain.īut Marlene’s creativity is no match for the hurtful comments that her relatives make about her cousin Diana’s “good hair,” which is showcased in all its glossy glory at Diana’s quinceañera. Marlene dreads Sundays, when she and her mom, Paola, spend most of the day at the salon undergoing the excruciating (and excruciatingly boring) ritual of getting their hair straightened. ![]()
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