Like the rest of inflation data, grocery prices are coming in hotter after
Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade like other risk assets until it exceeds a billion users.” Scaramucci Doubles Down on Bitcoin as Inflation […]
New official figures show that inflation, the rate at which prices rise over time, fell again in March.
President Joe Biden has spent three and a half years buying votes with your money. Your taxes may not have gone up, because Biden hasn’t financed his spending with federal revenues so much as with money created out of thin air — which is to say, the cost of Biden’s spending spree has been rampant inflation which is still too […]
CHICOPEE, Mass. (WWLP) – The latest reports on inflation show as of March, consumer prices are continuing to increase, which means interest rates are likely not to be cut.
The West Des Moines-based Hy-Vee grocery store chain is acquiring a chain in Indiana. Hy-Vee announced it is in the process of acquiring the Strack & Van Til Food Markets which has 22 stores throughout northwest Indiana. The company says Strack & Van Til has approximately 2,800 employees and will maintain its name and operate
Australians have been warned the budget surplus could be tiny amid cost-of-living pressures and heightened global economic uncertainty with war in Europe and conflict in the Middle East. A month out from the federal budget, Treasurer Jim Chalmers has said a second surplus is “still our goal” despite a recent hit to revenue from falling […]
The increase this year, driven by geopolitical tensions and supply shocks,
Prices are up nearly 19% across the board since President Joe Biden entered office, meaning households are suffering sticker shock even if the inflation rate has moderated in recent months. Inflation, as tracked by the consumer price index, rose to 3.5% for the year ending in March, the Bureau of Labor Statistics reported Wednesday. Overall, […]
We call on the grocery workers union to condemn actions designed to intimidate, discredit or damage these upstanding businesses, especially considering they will employ their members in the future.
Non-grocery categories including beauty, toys, health and electronics are witnessing robust sales growth on quick-commerce platforms such as Zepto, Swiggy Instamart and Blinkit as they continue to diversify their range of offerings beyond food-related products to tap a larger user base.While the overall base for the new categories is still small, aggressive expansion by these players is starting to ensure a dominant presence for these categories on such platforms, people aware of their growth...
Thanks to near-monopolies in many industries, corporations are seeing record profits as consumers struggle with high pricesWe learned this week that the Consumer Price Index climbed 3.5% in March from a year earlier, up from 3.2% in February, and faster than most economists anticipated.This poses a conundrum for central bankers who have made it clear they want to see further evidence that inflation is cooling before they cut interest rates.Robert Reich, a former US secretary of labor, is a...