Business
Menstrual products prices skyrocketing from inflation, tariffs
Always products are displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina October 29, 2024.
Dado Ruvic | Reuters
Rising inflation and ever-changing tariff policies have led to higher prices across store shelves over the past few years, squeezing consumers’ budgets.
An often overlooked example: menstrual products.
The average price of menstrual products, including sanitary pads and tampons, has risen nearly 40% since 2020, from roughly $5.37 per unit to $7.43 per unit, according to February data from Chicago-based market research firm Circana.
Dollar sales from menstrual products have grown by nearly 30% over that same period, according to Circana.
But at the same time, sales of menstrual products — which broadly includes pads, tampons, liners and more — have seen a roughly 6% decrease since 2022, falling incrementally each year, according to data from NielsenIQ.
The data analytics company noted that items across the store have seen average unit price increases, with the dollar volume of consumer packaged goods at large rising 2.7% year-to-date. Those price increases are in line with climbing inflation, with the latest consumer price index in February showing a 2.4% annual rise.
The latest CPI data found that inflation in personal care products in the U.S. has jumped dramatically, up 22.1% in February from January 2020.
But because menstrual products are a necessity for a large portion of the population, those costs may be hurting consumers.
“I do think that we’re at a point where consumers in general are having to choose whether they can buy food for their family, or buy prescriptions for their family. Some things that we do typically define as a necessity, people are finding alternatives for or going without,” said Sarah Broyd, a partner with consultancy firm Clarkston Consulting.
Broyd said the gap between higher prices and declining sales shows consumers may be searching for alternatives out of necessity.
Menstrual products haven’t just been hit by inflation, either. According to government data, the U.S. collected $115 million through tariffs on menstrual products containing cotton in 2025, compared with just $42 million in 2020.
The U.S. imported the majority of its menstrual products from Canada, China and Mexico in 2024, according to the World Bank. President Donald Trump has imposed tariffs on all three of those countries at varying levels over the past year.
Those added costs come on top of the so-called “pink tax,” where some states place a sales tax on menstrual products. According to 2025 data from Statista, Tennessee, Mississippi and Indiana have the highest sales tax on menstrual products at 7%. Products that are deemed “medical devices” are often excluded from sales taxes.
‘A subscription service to be a woman’
For 30-year-old Dafna Diamant, the rising price of menstrual products has become noticeable at the cash register and a drag on her monthly expenses.
The New York resident said she’s noticed her usual pack of roughly 18 tampons rise to somewhere around $25, especially over the past year.
“It’s crazy, and it just feels like as a woman, you have to pay sometimes $50 every couple months,” Diamant told CNBC. “And for some people, it takes a toll on the income.”
Diamant said she feels particularly frustrated because it’s not a monthly expense she can go without. She often buys store-brand period products at retailers like CVS and Walgreens, yet she said she’s still shocked by the sticker price.
“It still feels like a subscription service to be a woman,” Diamant told CNBC. “You have to pay every month to be fertile.”
Even larger companies have felt the effects. Procter & Gamble, the parent company of menstrual product brand Always, said in July that it was raising prices on 25% of its personal care and household products due to a $1 billion total annual tariff impact. It manufactures its Always products across facilities in Maine, Utah and Canada, according to the company.
P&G declined to comment for this story.
Kimberly-Clark, the maker of menstrual product brand Kotex, said on an earnings call in April that the company incurred a total of $300 million in gross costs from tariffs, with more than half of that related to tariffs on China. The company did not respond to CNBC’s requests for comment.
Broyd, the partner at Clarkston Consulting, said menstrual products have been hit with a “triple whammy” of rising raw material costs, inflation across energy and supply chains, and cross-border friction from tariffs.
“When you think about plastic and pulp and some of the main components of feminine care products, they’re largely probably coming from overseas and then getting hit with that much more of tariffs,” Broyd said.
She added that these tariffs are on top of already alleged higher levies on other women’s products, the subject of Congress’ Pink Tariffs Study Act introduced last year by Democrats to determine whether the U.S. tariff system is “regressive” or has a “gender bias.”
As prices continue to shoot up, Broyd said she believes companies will continue to reevaluate their portfolios and potentially sell off their feminine care segments to focus on businesses with higher margins. In November, Edgewell Personal Care sold its feminine care business to a company in Sweden for $340 million.
“You’re seeing these more niche, more startup type brands that are popping up in stores. … That’s the biggest growth,” Broyd said. “People that have the ability to flex up and buy more organic or products that they trust, they’ll spend that price premium. But for other consumers that don’t have the discretionary income to do that, they’re going to trade down and go private label, or go without.”
The rise of reusables
Diamant said she and her friends are now trying period underwear instead of single-use products to streamline their expenses.
A growing number of people have been trying reusable period products, primarily because they’re environmentally friendly and cheaper.
Major manufacturers have often relied on brand loyalty for their products, which could take a hit if consumers turn to alternatives.
“If you’re in fem care, you’re going to be using Kotex for 40 years. If you’re in Depend, you’re going to be using Depend for 40 years, right?” Kimberly-Clark CEO Michael Hsu said on a November earnings call. “There is long-duration frequency. There’s a lot of expenditure for consumers, and so because of that, they want to have an ongoing relation with us.”
Saalt, a reusable period products company offering cups, discs and underwear, said it estimates that 16% to 20% of U.S. consumers have tried or used reusable menstrual products, consisting of mostly younger consumers.
“Affordability is huge,” CEO Cherie Hoeger told CNBC. “When you look at our product, a cup or disc can last 10 years, and our product is only in the $30 price range. … They’re able to save up to $1,800 on the lifespan of that cup or disc, and that’s on the low end.”
Saalt, which launched in 2018, hit revenues of eight figures in its third year of business, Hoeger said. The company declined to disclose details of its financials, but she said demand has grown year-over-year since it launched.
Among Generation Z, Hoeger said the top reason for switching to reusables is pricing.
“They usually have some affinity toward sustainability and climate change, but it’s never their number one,” Hoeger said.
The rise of reusables may be contributing to the declining sales of single-use period products over the past few years. It also coincides with recent studies indicating that tampons could contain lead or other harmful ingredients. The Food and Drug Administration investigated the presence of metals and determined there was no risk.
Riding that momentum, other companies like Knix, MeLuna, Flex and more have entered the reusables space and garnered growing market share as consumers search for alternatives.
“Affordability is the crux; it’s the root problem,” Hoeger said. “Without affordability for these period products, you have real economic consequences for women to happen.”
Business
I’m Buying These 7-12% Yields With Discounts To NAV And Peers
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of MSDL, ET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.
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Business
Persistent Iran war, energy price surge set to sway wavering stocks

Persistent Iran war, energy price surge set to sway wavering stocks
Business
Electricity bills are up 6% from last year and becoming a midterm issue
Economists Stephen Moore and EJ Antoni analyze Democratic tax policies, including New York Gov. Kathy Hochul’s appeal to millionaires, and break down rising gas prices on ‘The Bottom Line.’
For millions of Americans, higher electricity bills are becoming a monthly frustration and a growing force in the midterm elections.
Unlike more volatile costs such as gasoline, electricity is a steady, unavoidable expense tied directly to basic needs — keeping the lights on, heating and cooling homes and powering everyday life. That makes it especially politically sensitive at a time when many households are still feeling squeezed by broader inflation and high housing costs.
AMERICANS HIT WITH SOARING ELECTRICITY BILLS AS PRICE HIKES OUTPACE INFLATION NATIONWIDE

Both Republican and Democratic candidates are expected to discuss rising electricity costs on the campaign trail this midterm season. (Raquel Natalicchio/Houston Chronicle via Getty Images)
The issue is giving both parties fresh campaign ammunition, with Republicans casting higher bills as evidence of failed energy policies, regulatory overreach and a shift away from fossil fuels, while Democrats point to bill assistance programs, grid investments and clean energy incentives aimed at easing pressure on household budgets over time.
The fight is unfolding amid sharp regional divides in electricity prices. Federal energy data shows residential power costs vary widely across the country, illustrating how affordability pressures differ not just by income, but by geography, infrastructure and energy mix.
The latest figures from the U.S. Energy Information Administration put the national average at 17.24 cents per kilowatt-hour, up 6% from a year earlier — a jump that outpaces wage growth for many households and adds to cumulative cost pressures from rent, insurance and groceries.
North Dakota has the lowest average residential electricity rate in the country at 11.02 cents per kilowatt-hour, while Hawaii — an outlier shaped in part by geographic isolation and reliance on imported fuel — has the highest, at 41.62 cents per kWh.
Nebraska, Idaho, Oklahoma and Arkansas also rank among the cheapest states, while California, Rhode Island, Massachusetts and New York join Hawaii among the most expensive. Many of the higher-cost states are also pursuing aggressive clean energy transitions or maintaining older, more complex grid systems — factors that can raise near-term costs even as they aim to stabilize prices in the long run.
Several of the cheapest states are deep-red, a pattern Republicans are likely to seize on to reinforce broader arguments about energy policy and cost of living — even though power prices are shaped as much by geography, fuel availability, regulatory structures and long-term infrastructure investments as by partisan control.
THE STATES WHERE AMERICANS PAY THE MOST — AND LEAST — FOR ELECTRICITY
Cheap electricity, however, does not always mean affordable energy. Weather extremes, household consumption patterns, housing efficiency, aging infrastructure and state-level utility decisions all affect what families ultimately pay. In hotter or colder regions, for instance, even low rates can translate into high monthly bills due to heavy air conditioning or heating use.
Utilities are also seeking rate increases in many states to cover grid modernization, wildfire mitigation, storm hardening and the expansion of renewable energy — costs that are often passed on to consumers gradually but steadily.
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As candidates fan out across the country ahead of the midterms, power bills are becoming a tangible symbol of household stress. (Raquel Natalicchio/Houston Chronicle/Getty Images)
Even so, the partisan pattern may prove politically useful in a campaign season shaped by anxiety over household expenses and economic uncertainty.
Gas prices may grab more headlines, but electricity bills can be more politically durable: they arrive every month, are harder to cut quickly and are often tied to local utilities and regulators. That gives candidates a direct way to connect national energy debates to a tangible, recurring household cost and to voter frustration that is felt not at the pump, but at the kitchen table.
Business
No Jackpot Winner as $123 Million Prize Rolls Over
The Powerball lottery drawing on Saturday, March 21, 2026, produced no grand prize winner, allowing the jackpot to roll over once again as players across the United States chased an estimated $123 million prize with a cash value of $55.8 million.

The official winning numbers, drawn at 10:59 p.m. ET from the Florida Lottery studios in Tallahassee, were **12-28-36-41-59**, with the red Powerball **2**. The Power Play multiplier was **2x**, boosting non-jackpot prizes for players who opted in.
According to the Multi-State Lottery Association and official Powerball results posted on powerball.com, no ticket matched all five white balls plus the Powerball to claim the top prize. The jackpot had climbed from an estimated $120 million ahead of the draw after no winner in the previous Wednesday, March 18, drawing (numbers 14-18-19-21-69, Powerball 1, Power Play 3x).
Lower-tier prizes saw solid action. While no tickets matched five white balls plus the Power Play for the $2 million second prize, reports indicate zero $1 million Match 5 winners nationwide in the main draw. Prize breakdowns from usamega.com and powerball.com detail:
– Match 5 + Powerball: 0 winners ($123,100,000 jackpot rollover)
– Match 5: 0 winners ($1,000,000 each)
– Match 4 + Powerball: Limited winners at $50,000 (with Power Play boosting to $100,000 in some cases)
– Match 4: Hundreds of tickets at $100 base
– Lower matches distributed thousands in $4 to $50 prizes, with Power Play doubling many.
The Double Play add-on drawing — available in select jurisdictions — featured numbers **9-29-34-48-58** with Powerball **4**, offering additional chances for prizes up to $10 million, though no top-tier Double Play jackpot was reported.
The March 21 drawing followed a pattern of rollovers that has kept the jackpot building steadily in early 2026. No jackpot winner had emerged in several consecutive draws, fueling excitement and ticket sales nationwide. The absence of a winner means the next drawing — Wednesday, March 25 — will feature an even larger estimated jackpot, likely pushing past $150 million depending on final sales figures.
Powerball operates in 45 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands, with drawings held every Monday, Wednesday and Saturday. Tickets cost $2 per play, with the optional Power Play for an extra $1 multiplying non-jackpot wins up to 10x (though capped at 2x or 3x when the jackpot is below certain thresholds). Double Play, where available, adds another $1 for a second chance at prizes.
Players are reminded to check tickets carefully, as smaller prizes often go unclaimed. Winners of prizes up to $600 typically redeem at retailers, while larger amounts require claims through state lottery offices. Jackpot winners can choose annuity payments over 30 years or a lump-sum cash option, which for this draw would have been approximately $55.8 million before taxes.
The lottery has long captured public imagination, with massive jackpots sparking “Powerball fever” and stories of life-changing wins. Past record holders include the $2.04 billion prize won in California in November 2022 and others exceeding $1 billion. No such mega-winner emerged Saturday, but the rollover ensures continued buzz.
As always, officials urge responsible play: buy only from authorized retailers, keep tickets safe and sign the back immediately upon purchase. Odds of winning the jackpot remain 1 in 292.2 million, though overall odds of any prize are about 1 in 24.9.
For those who purchased tickets, results are available on powerball.com, state lottery sites, apps and trusted news outlets. The next chance to win arrives Wednesday — with the jackpot poised to grow further if no one claims it.
Business
Govt may consider OFS option for raising public float in IDBI Bank
Currently, the public float in IDBI Bank is only 5.29 per cent, limiting the scope of fair valuation.
The remaining shares are with insurance behemoth Life Insurance Corporation of India (LIC), with a controlling stake at 49.24 per cent, while the Government of India (GoI) holding stood at 45.48 per cent.
Earlier this month, the proposed sale of a 60.72 per cent majority stake, held jointly by the government and the LIC, was scrapped after financial bids from two potential buyers reportedly fell short of the reserve price.
Low free float restricts the scope for fair markvaluation, and expanding this by 10 per cent or 15 per cent would make price discovery more reliable, sources said.
It can provide a reliable benchmark for valuation and further make the price discovery process transparent, they said, adding, strategic sale can be pursued even after one or two tranches of OFS.
As per the failed plan, both the government and LIC were to offload 30.48 per cent and 30.24 per cent stake, respectively.This is the second time that the government has wanted to privatise IDBI Bank since the first announcement made in 2016. The idea was first officially flagged in the Union Budget speech by then-Finance Minister Arun Jaitley in February 2016.
The first attempt to privatise the then state-owned IDBI Bank failed due to valuation concerns.
However, the government later sold the controlling stake to LIC, which had been eyeing acquiring a stake in a bank to expand its bancassurance business model.
Subsequently, in January 2019, LIC acquired a 51 per cent controlling stake in IDBI Bank for approximately Rs 21,624 crore to rescue the lender from heavy bad loans as part of the disinvestment process.
As a result, the bank was categorised as a private-sector bank by the Reserve Bank of India.
In December 2020, the lender was reclassified as an associate company following the reduction of LIC’s stake in the bank to 49.24 per cent.
The process for privatisation gained formal momentum when the Cabinet Committee on Economic Affairs gave its in-principle approval in May 2021 for strategic disinvestment along with transfer of management control in IDBI Bank.
In October 2022, KPMG India was appointed as Transaction Advisor and the intent to sell 60.72 per cent stake in the bank was announced.
The Department of Investment and Public Asset Management (DIPAM) invited Expressions of Interest (EoI) in October 2022, and market regulator Sebi approved the reclassification of GOI as a public shareholder upon completion of the sale in January 2023.
Later in August 2025, the regulator gave its nod for reclassification of LIC as a public shareholder upon completion of the sale and after a long due diligence period, financial bids from two Emirates NBD Bank and Prem Vatsa-promoted Fairfax India were finally received in February 2026.
Business
Frontier Airlines Stock Ebbs With Industry Ups And Downs (NASDAQ:ULCC)
Focus on multinational transportation companies. Mercosur economies.
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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Hartsfield-Jackson Atlanta Airport Security Wait Times Fluctuate Amid Ongoing DHS Funding Crisis
Security wait times at Hartsfield-Jackson Atlanta International Airport (ATL), the world’s busiest by passenger volume, continue to vary dramatically on March 22, 2026, as the partial U.S. government shutdown drags into its second month, leaving Transportation Security Administration (TSA) officers unpaid and contributing to staffing shortages, absenteeism and unpredictable lines.

Real-time data from the airport’s official tracker at atl.com/times and third-party aggregators like Takeoff Timer and OnAir Parking showed average standard security wait times around 14 minutes as of midday local time, with peaks earlier in the overnight hours reaching 45 minutes from midnight to 1 a.m. and lows of zero during the quietest overnight slots. TSA PreCheck lanes remained significantly faster, often under 5 minutes when open.
However, passenger reports on social media and Reddit megathreads painted a more volatile picture. Early Sunday morning updates from r/Atlanta users described waits climbing to 75 minutes or more at the main domestic checkpoint during peak arrival periods, with some travelers advising 3+ hours of buffer time before flights. Lines have fluctuated wildly throughout the weekend: long queues spilling into baggage claim areas on Saturday and Friday, then easing briefly midday before building again.
The inconsistency stems directly from the ongoing partial shutdown affecting the Department of Homeland Security (DHS), which funds TSA. With no appropriations bill passed, many TSA employees have missed paychecks — some their second full cycle — prompting high call-out rates (reported as high as 36% on certain days in mid-March) and resignations. Nationwide, absenteeism has hovered around 10-30% above normal, hitting busiest hubs like ATL hardest during spring travel season.
Airport officials and airlines, including Delta Air Lines (ATL’s dominant carrier), have repeatedly urged passengers to arrive at least three hours early for domestic flights and four hours for international ones. Standard guidance recommends two hours pre-departure, but current conditions demand extra cushion for parking, check-in, bag drop and the trek to gates via the Plane Train, which adds 10-20 minutes post-security.
The main domestic checkpoint — serving the bulk of passengers — has seen the most strain, with queues occasionally extending beyond the atrium into baggage claim. North and South checkpoints (including PreCheck-only lanes) and the international terminal have generally moved faster, sometimes clearing in under 10-15 minutes during off-peak. International departures, including Concourse F, reported shorter waits overall.
The crisis has compounded other factors: spring break crowds, potential weather disruptions earlier in the month and general post-pandemic travel recovery. Flight delays and cancellations have risen, though not always directly tied to security — with hundreds affected on peak days per FlightAware data. Passengers missing connections due to long lines have added frustration, with some reporting hours-long backups that force rebooking.
TSA and airport leaders stress that security remains the priority, with available staff prioritizing threat detection over speed. PreCheck, CLEAR and TSA PreCheck enrollment continue to offer the best relief, with dedicated lanes seeing minimal delays. Officials remind travelers that wait times fluctuate hourly — peaking typically 5-9 a.m. and late afternoons/evenings — and urge checking real-time tools before heading out.
The official ATL wait time page provides minute-by-minute updates across checkpoints, though some users note it lags or underreports during surges. Community-sourced trackers on Reddit and apps like MyTSA supplement with crowd photos and firsthand accounts. As the shutdown persists without resolution — despite recent political threats and offers like Elon Musk’s proposal to cover salaries — experts warn conditions could worsen if staffing erodes further.
Travelers are advised to:
– Enroll in TSA PreCheck or CLEAR if eligible for expedited screening.
– Monitor atl.com/times, the MyTSA app or airline alerts.
– Arrive early, especially for early-morning or peak flights.
– Consider ground transportation alternatives if driving to the airport amid potential parking backups.
As Congress remains deadlocked over DHS funding amid immigration policy disputes, Atlanta’s airport — handling over 100 million passengers annually — exemplifies the broader national impact on air travel. With no immediate end in sight, the message from officials is clear: plan for delays, pack patience and prioritize buffer time to avoid missing flights.
Business
Markets Starting To Worry About Stagflation, But The End Is Not Nigh
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A Needed Consolidation Has Gotten A Bit Uglier (Technical Analysis)
A Needed Consolidation Has Gotten A Bit Uglier (Technical Analysis)
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Tokyo Metro Stock: Defensive Infrastructure With Yen Upside (OTCMKTS:TKMTY)
Fin-tech startup leveraging machine learning technology to discover investing opportunities and to generate growth-optimal portfolios. Publisher of the WideAlpha AI-Selected Index, which has markedly outperformed its benchmark.
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The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling shares, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
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