The Daily Money: This is why inflation won't disappear any time soon

Happy Thursday, Daily Money readers. The weekend is almost here. It's Brett Molina with your Friday eve headlines.

Let's start with Apple. The tech giant announced several new products Wednesday. Here's a quick breakdown.

iPhone 14. Consumers will have four to choose from when the phones become available to preorder Friday. There's the iPhone 14 and iPhone 14 Plus, which bring the typical bells and whistles like faster speeds and a better camera. Then there's the iPhone 14 Pro and Pro Max with an always-on display and a beefy 48-megapixel camera.

Apple Watch Series 8. The big additions this year are a temperature sensor which can aid in cycle tracking and crash detection which can alert emergency services if you get in a serious car crash. Then there's the Apple Watch Ultra if you're in to really serious physical activity.

AirPods Pro 2. Apple's high-end earbuds get an upgrade, with better sound and clarity, as well as an improved rechargeable case.

This is why inflation is hanging around

Prices for goods are starting to moderate. Unfortunately, inflation could stay high because the cost of services is still climbing. Housing and medical services are among those that will keep inflation higher, forcing the Fed to keep bumping up interest rates to slow them down. And that could mean consumers end up paying more.

📰 A USA TODAY investigation 📰

USA TODAY has conducted a monthslong investigation of Utah-based COVID testing startup Nomi Health, the no-bid contracts it received, and questions that officials raised over its testing accuracy and campaign contributions. Here's the latest:

• A COVID-19 testing startup with 'no history of success' faces lawsuit over accuracy claims
• Why is Nomi Health donating to key Democrats in blue state Hawaii after giving big to GOP?

🍔 Today's Menu 🍔

Next time you roll up to Chick-fil-A, you'll have two new items to choose. First, there's an Autumn Spice Milkshake, which combines Chick-fil-A Icedream dessert with cinnamon and bits of brown sugar cookies. Plus, the fast food chain is bringing back the Grilled Spicy Deluxe Sandwich, which features grilled chicken marinated in a spicy seasoning, a toasted multigrain brioche bun, Colby-Jack cheese, lettuce and tomato. And now I'm hungry. 

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

Follow Brett Molina on Twitter: @brettmolina23.