The Hidden Prices We Pay for Genetically Modified Seeds
Last week, the Supreme Court ruled that Monsanto can control how farmers use its genetically-modified soybean seeds. Here's why those little beans are a big deal to you.
food prices
Producer Prices Post Biggest Drop in Three Years
U.S. producer prices recorded their largest drop in three years in April as gasoline and food costs tumbled.
Ahead of Super Bowl, Chicken Wing Prices Hit Record Highs
The National Chicken Council has released its projections for chicken-wing consumption on Super Bowl weekend, a staggering 1.23 billion wings. But it's the cost of the appetizer that's the real story: Wholesale chicken wings are now more expensive than they've ever been.
U.S. Consumer Price Index Unchanged in December
Lower gas costs offset more expensive food and higher rents to keep a measure of U.S. consumer prices flat last month. The Labor Department said Wednesday that food prices increased 0.2 percent in December from November. Rents and airline fares also rose. Gasoline prices fell a seasonally adjusted 2.3 percent.
Falling Food, Gas Costs Push U.S. Wholesale Prices Lower Again
U.S. wholesale prices fell for the third month in a row in December, propelled by falling food and gas costs. The drop is the latest evidence inflation is tame, which means consumers have more money to spend. Low inflation also gives the Federal Reserve more freedom to keep interest rates low.
Cheaper Gas Lowers U.S. Consumer Prices 0.3%
The seasonally adjusted consumer price index dropped 0.3 percent in November from October, the Labor Department said Friday. Gas prices fell 7.4 percent, the steepest drop in nearly four years. That offset a 0.2 percent rise in food prices.
CPI Up 0.1% as Rent and Food Costs Rise, Gas Prices Fall
Rising food costs and higher rents offset a drop in gas prices last month, leaving consumer inflation all but flat in October. The consumer price index rose a seasonally adjusted 0.1 percent, after sharp 0.6 percent gains in the previous two months driven by a spike in gas prices that has since receded.
Eat and Grow Rich: How you Can Become a Vegillionaire!
There are roughly 3 million millionaires in the U.S., and nearly everyone else has a plan to become the next one. But there are about 3% of Americans who may not even realize that they're already on the path to prosperity. What's giving their savings scenarios a leg up? They're vegetarians.
Higher Gas Costs in August Push Consumer Price Index Higher
More expensive gas drove up consumer prices in August by the most in three years. But outside of energy costs, inflation was tame. The CPI rose a seasonally adjusted 0.6% last month, the first increase since March and higher gas prices accounted for 80% of the increase.
Why Our Catastrophic Drought Won't Bankrupt U.S. Farmers
If you've been worried that this year's drought will put farmers out of business and leave Americans short of the staple crops they need to survive, relax. In its latest farm income forecast, the Department of Agriculture is reporting that U.S. farmers will make more money in 2012 than ever before, even as the country is facing its worst drought in 50 years. Here's how:
Prepare to Pay an Extra $875 for Food in 2013 (Unless You Use These 4 Tips)
This hot, sunny summer has been great for recreation, and awful for crops and farmers. Drought-blighted crops today will mean higher food costs next year, to the tune of $875 for an average family. But you can dodge some of those higher bills with these four smart shopping strategies.
Walmart Rolls Into Battle Against the 'Big Three' Grocery Chains
When times get tough, even Walmart's "everyday low prices" aren't all that alluring to shoppers -- except when it comes to food. We all have to eat, and Walmart's latest push could make it an even more dominant force in the grocery business.
Falling Gas Keeps U.S. Consumer Prices Flat in June
U.S. consumer prices were flat in June as the cost of gasoline dropped, offering some relief for cash-strapped Americans and scope for the Federal Reserve to ease monetary policy further to help the faltering recovery.
10 Ways America Is Losing Its Superpower Status to China
Just a few years ago, most people around the globe viewed the U.S. as the world's leading economic power. Now, that title is passing to China, and here are 10 reasons why.
Your Summer Forecast: High Temperatures, Higher Food Prices
That unrelenting sun that's been scorching your lawn and straining your air conditioner? It's about to send your grocery bill soaring too. Record-breaking heat and reduced rainfall are wreaking havoc on the corn crop -- and corn goes into practically everything we eat.