Wholesale coffee prices are up by more than 20 per cent since January after crops were hit by extreme weather in key producing countries, including Vietnam and Brazil.
New official figures show that inflation, the rate at which prices rise over time, fell again in March.
Sustained rise in prices of staple food items in the market, Nigeria has recorded an unprecedented food inflation rate of 40%
A third of older adults with credit card debt carry a balance of more than $10,000 and 12% have a balance of $20,000 or more.
Food and housing costs are the top expenses that continue increasing for Honolulu residents, eating at restaurants increased by more than 7% over the last 12 months, while rents have increased by 11%.
The increase this year, driven by geopolitical tensions and supply shocks,
MSPs increase the cost of alcohol but opinions remain split over the policy's effectiveness.
Veronica Merritt, from New York, has shared how she has to feed her brood a diet of macaroni, hot dogs and packet ramen - after her food bill skyrocketed to a staggering $24,000 a year.
According to Oxford Economics, global food prices are expected to decline in 2024, offering some relief for shoppers.
Biden's Sticky Inflation: Auto Insurance Rates Record Biggest Annual Jump Since 1976 Joe Biden's sticky inflation continues to ravage the working poor as Bidenomics falls flat on its face. The president's ally at the Federal Reserve, Jerome Powell, has yet to achieve the 2% inflation Fed target ahead of the November elections. As inflation heats up in the first quarter of this year, the cost of driving on American highways is seriously spiraling out of control. Auto insurance in...
Major Hollywood studios are panicking as video piracy is once again on the rise, with the industry's main lobbying organization demanding that Congress take action against piracy sites that are eating into studio profits at an ever-increasing rate.
Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that bitcoin is in a bear market and the price of the cryptocurrency “is going much lower than this.” […]