Drought

Beef prices have bulked up so much that thieves are starting to steal it. Consumers might feel like they're getting robbed, too, at the checkout stands. Several factors -- including high cattle feed prices -- mean the prices could continue to climb. Here's how to spend less cash on cows.

It feels like the price of a case of beer is higher than it has been since the Babylonians first started fermenting barley 6,000 years ago. But what's behind the rising prices? Turns out, the explanation requires a tour across the economic landscape -- and around the world.

Over the past year, the prices of many commodities have risen at record paces to record highs. But recently, those prices have begun to plunge, and consumers should begin to see the effects of those declines fairly soon, in the form of less-expensive groceries and clothing.

Wheat prices reached their highest prices in more than two years after a United Nations agency warned that China may face a wheat-supply shortage because of a recent drought, The Wall Street Journal reported.

Wheat prices rose after Russia extended an export ban on grains and high food prices prompted a strike in Mozambique. Sponsored Links Wheat for December delivery rose as high as $7.2475 a bushel in Chicago trading, Bloomberg News reported. Russia, crippled by drought and wildfires in...

Here's news from the business world and other money matters to watch out for Friday (last updated at 7:55 a.m. Eastern time): Postal Service Posts Loss: While many companies are reporting upbeat quarterly profits this earnings season, the United States Postal Service isn't one of them. The...

Drought conditions in California's Central Valley could lead to food shortages and higher grocery prices nationwide.Economists predict that the drought could cost 80,000 jobs and $2 billion in lost revenue. Empty reservoirs could lead many farmers to be cut off from their water sources sometime...

Australia may have a way to help solve the world's drought problem: Charge homeowners for each flush of a toilet. While the final solution may not be that simple, economic and water officials in Australia are promoting a plan there that would charge homeowners based on waste water output....