Can't "out-budget" inflation? Here are things you can do
CBSN
Inflation is a nightmare for the many Americans who already stretch their dollars to cover basic needs. What happens when those dollars lose value?
They have to make difficult trade-offs, beyond cutting streaming subscriptions or purchasing cheaper, store-brand groceries. Instead, Americans coping with high inflation may now be have to choose between buying enough food and paying rent.
The families hit hardest by inflation typically have little in savings and few back up resources. Their limited financial means can be rooted in historical inequality, said Phuong Luong, a Massachusetts-based certified financial planner and founder of financial education firm Just Wealth. When inflation causes everything to become more expensive, for families of limited means, basic necessities can become unaffordable.
Two more black-footed ferrets have been cloned from the genes used for the first clone of an endangered species in the U.S., bringing to three the number of slinky predators genetically identical to one of the last such animals found in the wild, the U.S. Fish and Wildlife Service announced Wednesday.
There were 56 wild, endangered Puerto Rican parrots living around El Yunque National Forest before Hurricane Maria in 2017. After the storm, there was only one survivor. Wood thrushes, found across the eastern U.S.; 60% of them are gone. Baltimore orioles, also an eastern bird; two-fifths have been lost. Western meadowlarks, prevalent in the central and western U.S.; three-fourths have disappeared.