The pressure on food prices remains wide-ranging, with cereals, the heaviest weight in the food category, witnessing a 26 basis points quickening in inflation
Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in a report published Sunday (May 5). The reason? A visit to the Golden Arches that ended with Montenaro paying nearly $10 for a bagel sandwich and a cup of coffee. As […]
Consumers tend to be very sensitive to food costs. Fresh edibles like fruit, vegetables and meat saw substantial declines.
Prices have jumped up on nearly everything -- from gas, to clothing and even to fast food. People are fed up with these prices and are taking to social media to sound off about how much they’re paying.
Grist reports on how "heatflation" could drive up food prices around the world by as much as 3% per year in just over a decade.
"Combat Illegal Corporate Behavior" - Dem Lawmakers Urge Biden To Use Executive Action Against High Food Prices Greedflation is a myth, and Democrats are well aware of this. However, they will never acknowledge that corporate greed isn't the root cause of inflation, as greed tends to be constant in the economy. What changed is the overstimulation of the economy through failed Bidenomics, which involves spending $1 trillion every 100 days. In the early days of Russia's 'special...
Knowing that consumers have grown tired of sticker shock on food, McDonald's CEO said the company would look to be "laser-focused on affordability."
As fast food prices have climbed higher, McDonald's is reportedly planning a new $5 value meal amid rising food costs and customer complaints.
There’s just something different about the Formula 1 races in Miami and Las Vegas when compared to the F1 events held in places like in Austin and Indianapolis. Oh, right. It’s the fact that the F1 races in Miami and Las Vegas appear to be more set up to cater to and draw the one […]
Kevin Roberts remembers when he could get a bacon cheeseburger, fries and a drink from Five Guys for $10. But that was years ago. When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount.Roberts, 38, now only gets fast food "as a rare treat," he told CBS MoneyWatch. "Nothing has made me cook at home more than fast-food prices."Roberts is hardly alone. Many consumers are expressing frustration at the surge in fast-food...
Dozens of Democratic lawmakers signed a letter to President Biden, pleading with him to act on high grocery prices that have been slow to fall as inflation has come down. Sen. Elizabeth Warren, D-Mass., led the letter Monday morning, calling on Biden to "exercise your executive authority to take additional action to address rising food
McDonald's is reportedly working on adding a $5 value meal to its menu, as the company looks to combat price increases and inflation.