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News & Articles By Cassie B.
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 […]
10/22/2021
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By Cassie B.
Procter & Gamble exec warns prices of household consumer products will keep rising
As the inflation set in motion by the Biden administration’s economic policies continues to rise, an executive from household goods giant Procter & Gamble has warned consumers that they can expect to see the prices of many common goods go up week after week. The company, which owns brands like Crest, Tide and Gillette, announced […]
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 […]
10/21/2021
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By Cassie B.
Poll: Most voters consider Biden’s handling of the economy “poor” as inflation soars
More than half of voters in a recent survey gave President Biden’s handling of economic issues a poor rating as inflation continues to climb. The national poll, which was carried out online and via telephone last week by Rasmussen Reports and The National Pulse, found that just over a third of likely U.S. voters consider […]
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 […]
10/13/2021
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By Cassie B.
Soaring fertilizer prices expected to make food inflation even worse
Fertilizer prices are hitting record highs in North America, which will likely cause food inflation to rise even higher. The Green Markets North America Fertilizer Price Index hit $996.32 per short ton last week, which is a record high. It soared well past its 2008 peak, setting a new benchmark for the nearly 20-year-old index. […]
07/27/2021
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By Cassie B.
Consumer goods giant Unilever raising prices on many popular products due to inflation
Economists have been warning that the economic crisis caused by the coronavirus pandemic would lead to soaring inflation, and now we are seeing some strong signs that it is setting in and consumers can expect to pay a lot more money for everyday items. Last week, the consumer goods giant Unilever admitted that inflation is […]
07/08/2021
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By Cassie B.
Republican-led states topping the nation in job growth and labor market health
Red states are currently noting significantly greater job growth than blue states, with nine out of the top ten performing states being led by Republican governors. This is according to a new report published by the personal finance company WalletHub, who combined data such as changes in unemployment and non-seasonally adjusted continued claims to rank […]
06/30/2021
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By Cassie B.
American Airlines cancels 500+ flights in 4 days due to labor shortages
American Airlines canceled more than 500 flights across a span of just four days as they deal with serious operational issues put in motion by the coronavirus pandemic. They’ve also been forced to reduce their July schedule by 1 percent. According to data from One Mile at A Time, the airline canceled 83 flights on […]
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