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SKYHIGH PRICES: Thanksgiving dinner cooked by inflation

Published

3 years ago

November 25, 2022

Veronica Dudo

Experts say it could be the most expensive Thanksgiving in history

As inflation rages on— experts say Thanksgiving 2022 could be the most expensive in American history.

This year, a feast for 10 people could be 20% more expensive than last year thanks to red-hot inflation.

According to a Farm Bureau survey, the price tag for a Thanksgiving meal itself cost $53.31 in 2021 but has jumped to $64.05 in 2022.

Shoppers in the U.S. say they’re really feeling the squeeze as costs keep going up but, President Joe Biden is still insisting there’s no need to panic.

“As we head into the holidays, this week we saw growth in prices in the business and in goods and services to come down as well, gas prices are down,” he said.

“But it’s going to take time to get inflation back to normal levels as we keep our job market strong so we can see setbacks along the way—I don’t doubt that but thus far we’re in good shape.”

However, families across the nation are paying significantly more this year for their holiday dinners.

When compared to last year, a sixteen-pound turkey costs $28.96 which is up 21%; a 14-ounce bag of stuffing mix is going for $3.88 which is up 69%; and two frozen pie crusts cost $3.68 which is up 26%.

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Veronica Dudo

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

News

U.S. and Israel attack Iran, escalating regional conflict

U.S. and Israel strike Iran, escalating war fears and risking wider regional conflict for the second time in eight months

Published

2 hours ago

February 28, 2026

Ahron Young

U.S. and Israel strike Iran, escalating war fears and risking wider regional conflict for the second time in eight months

In Short:
– U.S. and Israel launched strikes against Iran amid fears of a broader regional conflict.
– Iranian officials warn that attacks could lead to full-scale war as they prepare for retaliation.

The attack marks the second war between the U.S., Israel, and Iran within eight months, raising concerns about a wider regional conflict in a critically important economic area.Israeli Defence Minister Israel Katz confirmed the strikes and declared a state of emergency across all areas of Israel.

The U.S. also carried out strikes as part of the operation, according to a U.S. official.

The military operation followed a month of U.S. military buildup, ignited by President Trump’s commitment to support Iranian protesters who demonstrated against the regime in January.

The President consistently warned Iran could face military action if it continued its nuclear program. Vice President JD Vance stated that Iran’s responses in two negotiation rounds failed to meet U.S. expectations.

Escalating Tensions

Iranian officials cautioned that any attack would provoke retaliation, warning that even minor strikes could escalate into a full-scale regional war.

The nation has prepared for conflict by mobilising its forces, reinforcing its nuclear facilities, decentralising decision-making, and tightening internal security measures.

News

Australia issues evacuation advisory for diplomats and citizens in the Middle East

Australian diplomats’ families in Israel and Lebanon urged to evacuate amid rising tensions; all Australians advised to leave soon.

Published

2 days ago

February 26, 2026

Harvey Vargas

Australian diplomats’ families in Israel and Lebanon urged to evacuate amid rising tensions; all Australians advised to leave soon.

Families of Australian diplomats in Israel and Lebanon have been ordered to evacuate as tensions in the region continue to rise. The government is prioritising the safety of its personnel and their families.

All other Australians have been urged to leave while commercial flights and other travel options are still available. Authorities are emphasising the importance of acting quickly before options become limited.

The Department of Foreign Affairs and Trade has warned that the security situation in the Middle East remains unpredictable and volatile.

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News

Trump signals possible action on Iran nuclear threat

Trump warns Iran on nuclear weapons and highlights threats, as US boosts military presence amid stalled talks.

Published

2 days ago

February 26, 2026

Harvey Vargas

Trump warns Iran on nuclear weapons and highlights threats, as the US boosts military presence amid stalled talks.

President Donald Trump laid out a strong warning to Iran during his State of the Union address. He labelled Tehran as the world’s biggest sponsor of terrorism and signalled that the U.S. might take action if Iran continues its nuclear ambitions.

Trump emphasised that Iran’s missile and nuclear programs, along with its backing of militant groups, pose serious threats to regional stability.

This comes amid growing concerns over Iran’s nuclear developments and the stalled diplomatic efforts to curb them.

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