Inflation continues to chip away at saving accounts and has hit almost every good in the U.S. However, the beloved toy Hot Wheels have managed to remain one of the most affordable toys in the country, hovering around $1 — for more than 50 years.
which retailed for $25 and included a full metal base and Spectraflame paint.
"We like to say that everyone's first car is a Hot Wheels," Wu said. "And as new parents get back into the brand for their kids, it can sometimes rekindle the joy they had for the brand as a child."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why a not-so-swift decline in U.S. inflation would keep financial markets turbulent through 2023A path of slowly decelerating inflation would give investors optimism, but also disappoint Federal Reserve policy makers counting on a faster return to normal
Read more »
Why Inflation Took Off in 2022—and What Happens NextThis year was a stress test of the Fed’s new framework, and the cracks were apparent
Read more »
Why no one should rejoice over Biden's still-awful inflation numbersPresident Biden and his team were crowing about the latest inflation data this week. But there is nothing to be proud of when you did into the inflation numbers still hurting Americans.
Read more »
'100 Wheels Project' builds bicycles for PA children during the holidaysVolunteers of all ages build 100 bicycles for children during this holiday tradition, known as the 100 Wheels Project in West Chester, Pennsylvania.
Read more »
Fed extends inflation fight with 7th rate hike of 2022The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come. But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing.
Read more »