Check out what’s clicking on FoxBusiness.com. Although inflation — which surged to 9.1% in June — is driving up the cost of everyday goods, consumers are feeling a significant amount of pain when it comes to buying food. According to the Consumer Price Index (CPI) – which is a broad measure of the price for … Read More “Food inflation surges over 10%. The new costs for family dinners” »
As soaring food prices continue to wreak havoc globally, consumers are finding some reprieve in cooking oil, coffee and avocado. Prices of those food items are starting to drop though they still remain relatively high, the latest food price data shows. In Asia-Pacific, Indian sunflower oil and palm oil prices fell 7% and 12% respectively … Read More “Food prices for coffee, cooking oil, avocados easing but still high” »
PHOENIX (AP) — Long lines are back at food banks around the U.S. as working Americans overwhelmed by inflation turn to handouts to help feed their families. With gas prices soaring along with grocery costs, many people are seeking charitable food for the first time, and more are arriving on foot. Inflation in the U.S. … Read More “Long lines are back at US food banks as inflation hits high” »
Minerva Rodriguez has worked at McDonald’s in Houston, Texas, for more than 23 years. She is paid $12 an hour and says she is doing the work of two to three people because the restaurant is chronically understaffed. Now she, like many Americans, is facing another crisis: runaway inflation. And while she has noticed the … Read More “‘How are we supposed to live?’: fast-food workers squeezed by inflation | Inflation” »
