The latest inflation data revealed a 2.6% increase in October, yet ABC and NBC failed to address the report during their evening broadcasts. CBS was the only major network to cover the issue, highlighting how rising prices are affecting American families.
Housing costs were identified as the primary driver of inflation, with rent prices climbing 0.5% last month and 4.9% over the year. Grocery prices showed modest improvements, but many items remain far more expensive than they were before the pandemic.
CBS featured Ashley Rice, a mother and small business owner, who described her struggles with rising costs. Rice pointed to skyrocketing grocery bills and everyday items like orange juice now costing nearly $10. “Our grocery bill has almost doubled,” she said, illustrating the financial strain many families face.
Mortgage rates, which track inflation expectations, are also expected to rise. CBS reported that higher rates could further increase housing costs, adding another layer of difficulty for renters and potential homebuyers.
ABC and NBC’s silence on the issue is troubling, particularly as families continue to grapple with the effects of inflation. With the election over, viewers may wonder why major networks would withhold critical economic data.
The lack of consistent reporting on inflation highlights a growing disconnect between legacy media and the public. As economic challenges persist, transparent and balanced coverage will be essential to restoring trust in the news.
