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Americans keep getting priced out of fun. Here's how it impacts us at home
CNBC· 2026-07-11 18:00
Since the pandemic, we've talked a lot about how the experiences that were put on hold, like concerts or sporting events, saw prices surge as consumers race to make up for lost time. Economists even had a name for it, fundflation. Take a look at this chart PNC made exclusively for CNBC.[music] You see back in 2023 that funlflation items like amusement parks or concerts [music] had much higher price growth than a broader basket. that normalized a bit over time, but now that funflation category [music] is sur ...
Will The New Housing Bill Lower Housing Costs?
CNBC· 2026-07-11 14:00
The largest housing bill in decades, has just become law after weeks of tense political standoff between President Trump and Congress. Now comes the real test, can this ambitious legislation actually make housing affordable again. At its core, the 21st Century Road to Housing Act focuses on three major reforms.First, the law aims to increase the supply of housing by making it easier to build more homes. Researchers have long argued that America's affordability crisis is fundamentally a supply problem. Studi ...