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Economy

Fast-food companies are attracting Less low-income customers

March 29, 2024

“… Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s and Wendy’s recently said they worry about losing business from those on the tightest budgets. Roughly a quarter… Continue Reading…

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Economy

[U.S.] “…Francis Scott Key Bridge collapse ‘will spark US food & car supply [chain] issues…’” [Increased Prices]

March 27, 2024

“THE… bridge collapse in Maryland will result in widespread disruption to trade but Americans are set to avoid a return to the supply chain chaos seen during the Covid-19 crisis, experts have said. Shipping has been suspended at the Port… Continue Reading…

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Business, Economy

“Fast food workers are losing their jobs in California as new minimum wage law takes effect”

March 27, 2024

“Fast food workers are losing their jobs in California as more restaurant chains prepare to meet a new $20 minimum wage set to go into effect next week. Restaurants making cuts are mostly pizzerias, according to a report published by The Wall… Continue Reading…

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Economy

“Cuba asks UN for help as food shortages worsen”

March 8, 2024

“Cuba’s government has for the first time asked the UN’s food programme for help as food shortages on the Communist-run island worsen. The World Food Programme (WFP) said it had received an unprecedented official request from the Cuban government for… Continue Reading…

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Economy

“France’s protesting farmers encircle Paris with tractor barricades, vowing a ‘siege’ over grievances”

January 29, 2024

“JOSSIGNY, France (AP) — Protesting farmers encircled Paris with traffic-snarling barricades Monday, using hundreds of lumbering tractors and mounds of hay bales to block highways leading to France’s capital to pressure the government over the future of their industry, which has been… Continue Reading…

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Economy

“From housing to energy to food, US inflation picks up…”

January 18, 2024

“…Thursday’s report from the Labor Department showed that overall prices rose 0.3% from November and 3.4% from 12 months earlier. Those gains exceeded the previous 0.1% monthly rise and the 3.1% annual inflation in November and were slightly above economists’… Continue Reading…

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Economy

“As food prices rise in June, analysts warn of a ‘tipping point’ for Americans”

December 13, 2023

“…Food prices rose 3% in June compared to a year ago, according to the latest data from the Bureau of Labor Statistics. After a year of price hikes, consumers continued to see food prices rise, but at a slower rate. Grocery… Continue Reading…

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Business

“Wood-delivery startup Wonder Group gets $100 million investment from Nestle”

November 7, 2023

“Food-delivery company Wonder Group has gotten a cash infusion from Nestle, as the startup looks to sell high-tech kitchen equipment and prepared ingredients to businesses such as hotels, hospitals and sports arenas. The deal includes a $100 million investment from Nestle,… Continue Reading…

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Economy

“Wheat prices soar for a third day as Russia-Ukraine tensions stoke fears of major food crisis”

July 20, 2023

“Wheat prices rose on Thursday after Russia threatened to treat ships heading for Ukrainian ports as military cargo carriers, deepening fears of a global food security crisis. It marks the third consecutive day of price rises. The most actively traded… Continue Reading…

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Economy

“Russia and Ukraine Finally Reach A Grain Export Agreement”

July 28, 2022

“EDITOR’S NOTE: Perhaps there was some hope that global grain prices would ease as soon as Russia and Ukraine reached a grain export agreement, allowing the latter to resume its exports. If anything, it would have helped ameliorate the global… Continue Reading…

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