Despite inflation tampering down, Americans continue to report rising costs of living. Patrick Stal, chief marketing officer at Zepz, parent company of WorldRemit, joined 'Stretching Your Dollar,' to talk about WorldRemit's 2023 Cost of Living survey. It found that more than 70 percent of people reported an increase in the daily cost of living while a third also reported a decrease in disposable income.

Updated October 9, 2023 at 11:45 a.m. to note the findings came from WorldRemit's 2023 Cost of Living survey.

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Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
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