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News & Articles By Cassie B.
11/21/2024
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By Cassie B.
Target posts huge earnings miss ahead of holiday season as consumers struggle with high prices
Big box retailer Target saw its shares drop 20% to reach a 52-week low after cutting its forecast and posting its most dramatic earnings miss in two years ahead of the holiday season. The bad news comes despite the store reducing prices on thousands of goods and competitor Walmart beating expectations. Target announced on Wednesday […]
10/13/2024
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By Cassie B.
Recall issued for 9.9 million pounds of meat and poultry due to listeria contamination
The U.S. Department of Agriculture has recalled nearly 10 million pounds of meat over listeria concerns. The Oklahoma-based food company BrucePac issued the recall after tests found that many of their products were positive for listeria monocytogenes. The items involved in the recall were produced between June and October of this year and shipped to […]
10/03/2024
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By Cassie B.
Panic buying already underway in U.S. as port strike enters second day
A strike by union dockworkers at ports on the U.S. East and Gulf Coasts has only been underway for a day, but panic buying has already set in as Americans strip grocery store shelves bare of a number of staple items. There are numerous video clips circulating on social media of people buying up all […]
09/12/2024
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By Cassie B.
Australia and New Zealand propose new law scrapping GMO labeling requirements on food
It’s becoming increasingly common to find food on American store shelves that admits to being GMO or “bioengineered” in the fine print, but shoppers in Australia and New Zealand may soon not even have the benefit of this crucial disclosure if a proposed law is passed. Researcher Kate Mason is warning that Australia and New […]
06/28/2024
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By Cassie B.
Top commodities trader warns world is headed for food wars
A prominent commodities trader is warning that the planet is headed on a path toward food wars amid protectionist policies and rising inflation, and food supply and security are becoming increasing concerns around the world. Sunny Verghese, the CEO of Singapore agricultural trading house Olam Agri, believes that geopolitical tensions and other factors will spur […]
05/29/2024
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By Cassie B.
The U.S. economy is so bad that even dollar discount store chains are closing down
Dollar stores have long been popular among bargain-seeking Americans, so you’d expect business to be booming as the economy goes down the drain. However, it turns out the opposite is happening: the economy has gotten so bad that even dollar stores can’t keep their doors open. The California-based discount store chain 99 Cents Only recently […]
04/09/2024
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By Cassie B.
Sneaky QR code labeling HIDES GMOs in food
As the number of people who are being proactive about avoiding GMOs grows, you might expect companies to make a more conscious effort to avoid using GMOs in their food products. However, the real reason you may not be seeing GMOs on food labeling as much these days is because food companies have become a […]
04/01/2024
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By Cassie B.
Shoplifting surge in NYC fuels black market where thieves resell stolen goods to unsuspecting customers
Shoplifting is surging in New York, and it’s creating a strong resale economy with stolen items being sold in online marketplaces such as Facebook Marketplace and eBay. The Council on Criminal Justice reported that shoplifting in New York City skyrocketed 64 percent from June 2019 to June 2023, and Governor Kathy Hochul recently revealed that […]
03/06/2024
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By Cassie B.
Pesticide linked to reproductive issues found in popular oat-based breakfast cereals
A pesticide that has been linked to reproductive issues has been found in a number of popular American breakfast cereals, including Quaker Oats and Cheerios. The pesticide in question is called chlormequat, and it has been shown in animal studies to reduce testosterone and fertility, cause disruptions to reproduction and damage developing fetuses. Although its […]
03/01/2024
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By Cassie B.
LET THEM EAT FLAKES: Kellogg’s CEO under fire for saying Americans should eat cereal for dinner to save money amid inflation
The CEO of Kellogg’s, Gary Pilnick, has come under fire after suggesting Americans save money in the face of rising food prices by eating cereal for dinner. His comments come at a time when Americans are spending the highest percentage of their income on food in decades at 10%, while the average family spends more […]
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