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03/15/2022
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By News Editors
Catastrophic Inflation: “I’ve never seen prices jump this high, this fast”
This is what the early chapters of an inflationary meltdown look like. Last week, we were informed that “consumer prices were 7.9% higher in February than a year ago”, and that was being touted as the highest figure “in 40 years”. Of course those that follow my website on a regular basis already know that the reality […]
09/15/2021
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By Arsenio Toledo
Food price inflation hitting world’s poorest countries the hardest
Global food prices have been climbing for over a year by now. While Americans have definitely felt a lot of pressure from the inflation, the worst effects have been felt by people in poorer and developing countries. According to the latest data from the United Nations’ Food and Agriculture Organization, food prices have risen by 40 […]
09/13/2021
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By Arsenio Toledo
Argentina bans beef exports in attempt to control record-high levels of food inflation
Argentina is temporarily halting its export of beef in an unorthodox move to try to contain runaway inflation in the country. Economists say this will only lead to higher levels of inflation in the long run. According to a statement released by the country’s Ministry of Productive Development, this decision was first announced when President Alberto […]
07/28/2021
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By Arsenio Toledo
US companies continue increasing prices of their products, fueling record levels of inflation
Corporations in the United States are still increasing the prices of their products, fueling inflation the likes of which the country has not seen in over a decade. The price increases are occurring due to the rising costs for materials, transportation of goods and labor. To keep their profit margins, companies have to increase the […]
05/25/2021
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By Divina Ramirez
Corn prices are up by over 50% in 2021 alone
Corn prices have been steadily increasing over the past year, rising more than 50 percent in 2021 alone. Corn is now worth $7.50 a bushel, its highest price tag since 2012. Corn, the biggest cash crop of the United States, has rarely been this expensive. Like most commodities, corn is feeling the recovery from the […]
11/13/2019
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By Ethan Huff
Dean Foods files for bankruptcy as consumers increasingly reject processed cow’s milk
The largest commercial milk processor in the United States has filed for Chapter 11 bankruptcy protection, citing heavy debt and substantial unfunded debt obligations as among the reasons why. The current owners of Dallas-based Dean Foods say that they eventually want to sell the company, but first need to get things back on track. One […]
10/18/2019
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By Arsenio Toledo
Buying organic delivers more bang for your buck: Here’s why
Going organic can get a bad rap, especially when it comes to cost, but it’s essential that people switch their diets over to organically grown fruits and vegetables if they want to achieve optimum health. Consuming organic food is more beneficial and will also have less of an impact on the amount of cash people spend in the long-term. […]
02/20/2019
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By Ethan Huff
With its near-monopoly firmly established, Amazon starts hiking prices at Whole Foods stores
As if they weren’t already high enough, food prices at Amazon-owned Whole Foods Market stores are set to increase in the coming months. According to reports, a number of contracts that Whole Foods had signed to lock in lower prices on various food items are on the verge of expiring – which means consumers can […]
01/14/2019
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By Ethan Huff
If you’re broke and overweight, chances are this common bad habit is to blame
Every new year, millions of well-meaning folks resolve to make formidable improvements in their everyday lives, including in the area of how they manage their finances. But the results of two new surveys suggest that many people are overlooking one key factor that negatively affects not only their wealth but also their bodily health, and […]
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