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.
As food prices continue to rise, many food companies are shrinking packages instead of raising item prices. But don't be fooled: You're definitely paying more for less.
Ben Bernanke insists that inflation remains "quite low." That's true, unless you need to eat. Core inflation doesn't include food prices, and they're soaring around the globe. In fact, the U.N.'s Food and Agriculture Organization says its closely watched food price index hit its highest level ever in January.
McDonald's boosted its profit last year with the launch of new beverages and expansion in emerging markets. Can it keep up the growth this year as food prices rise? Chief Financial Officer Peter Bensen discusses the fast-food giant's strategy with DailyFinance.
