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News & Articles By Cassie B.
12/06/2021
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By Cassie B.
45% of American households experiencing financial hardship thanks to Biden era inflation
With holiday shopping in full swing and temperatures dropping, 45 percent of American households are reporting financial hardship linked to recent inflation. This is according to a new Gallup poll that was carried out in November. Respondents were asked whether recent price increases had led to financial hardship for their household; if so, they were […]
12/02/2021
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By Cassie B.
Overly complex government regulations are contributing to food costs, supply chain disruptions
Supply chain issues like port backlogs and labor shortages have been getting a lot of attention lately, but researchers say another factor that has a big influence on food supply chain disruptions that is often being overlooked is regulatory restrictions. The effects of food supply chain disruptions can be felt throughout the grocery store, with […]
11/11/2021
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By Cassie B.
Fear and confusion in China after authorities urge families to stockpile daily necessities
China recently issued a warning to families to start storing food and other essentials for emergencies right as a small coronavirus outbreak there has prompted officials to tighten restrictions dramatically. The COVID-19 policies in place in China are becoming stricter as the number of cases rise in the country despite targeted lockdowns. Although the Chinese […]
10/27/2021
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By Cassie B.
Severe drought in South America wreaking havoc on shipping, energy, fishing and drinking water supplies
The effects of the severe ongoing drought in South America can be felt throughout the continent, with the second-longest river there, the Parana River, hitting a 77-year low that is compromising commercial shipping, fishing and the drinking water supply of 30 million people. Paraguay is being especially hard hit. The landlocked nation of seven million […]
10/25/2021
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By Cassie B.
Consumer prices hit 13-year-high in U.S. as inflation worsens
The latest data from the Bureau of Labor statistics shows that consumer prices climbed higher than expected last month while energy and food costs surged. The annual inflation rate hit a 13-year-high last month of 5.4 percent, which exceeds the median estimate of 5.3 percent. Meanwhile, the consumer price index rose by 0.4 percent on […]
10/21/2021
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By Cassie B.
Supermarket chain owner predicts 10% food price hike in the next 60 days
At a time when Americans are already paying significantly more money on their grocery bills, the owner of a New York City supermarket chain has warned that food prices are going to continue to rise significantly in the near future, with increases potentially reaching as high as 10 percent in just two months. This is […]
10/20/2021
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By Cassie B.
Food prices continue to rise dramatically, with no relief in sight
American households are finding it increasingly more expensive to feed their families as food prices continue to rise steeply. Inflation data released last week showed that the price of food at home climbed 1.2 percent in September, which is a significant gain in the span of just a month and three times the inflation rate […]
10/20/2021
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By Cassie B.
Thanksgiving might be very different this year thanks to turkey shortages, higher food prices
It’s hard for most Americans to imagine Thanksgiving without a turkey on the table, but that could well be a reality this year as farmers and producers are warning of an impending turkey shortage. Turkey company Butterball has warned that families may not be able to find smaller turkeys this year as the trend toward […]
10/18/2021
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By Cassie B.
Lake Tahoe’s water levels reach dangerous lows due to California drought
The water level in Lake Tahoe has dropped to a four-year low as droughts in California continue to take their toll on the scenic body of water. Following several days of increased evaporation brought about by high winds, the lake’s water levels dropped to the natural rim of the basin on Tuesday for the first […]
10/15/2021
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By Cassie B.
White House warns Americans could see higher prices, empty shelves this holiday season
White House officials have warned that Americans could be facing empty store shelves this Christmas season and higher prices on the goods they do find thanks to global supply bottlenecks driven partly by the COVID pandemic. Supply chain issues have been damaging retail and transportation companies, many of which have issued disappointing earnings outlooks recently. […]
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