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News & Articles By Cassie B.
10/20/2021
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By Cassie B.
Food prices continue to rise dramatically, with no relief in sight
American households are finding it increasingly more expensive to feed their families as food prices continue to rise steeply. Inflation data released last week showed that the price of food at home climbed 1.2 percent in September, which is a significant gain in the span of just a month and three times the inflation rate […]
10/13/2021
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By Cassie B.
Soaring fertilizer prices expected to make food inflation even worse
Fertilizer prices are hitting record highs in North America, which will likely cause food inflation to rise even higher. The Green Markets North America Fertilizer Price Index hit $996.32 per short ton last week, which is a record high. It soared well past its 2008 peak, setting a new benchmark for the nearly 20-year-old index. […]
07/27/2021
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By Cassie B.
Consumer goods giant Unilever raising prices on many popular products due to inflation
Economists have been warning that the economic crisis caused by the coronavirus pandemic would lead to soaring inflation, and now we are seeing some strong signs that it is setting in and consumers can expect to pay a lot more money for everyday items. Last week, the consumer goods giant Unilever admitted that inflation is […]
07/08/2021
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By Cassie B.
Republican-led states topping the nation in job growth and labor market health
Red states are currently noting significantly greater job growth than blue states, with nine out of the top ten performing states being led by Republican governors. This is according to a new report published by the personal finance company WalletHub, who combined data such as changes in unemployment and non-seasonally adjusted continued claims to rank […]
06/30/2021
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By Cassie B.
American Airlines cancels 500+ flights in 4 days due to labor shortages
American Airlines canceled more than 500 flights across a span of just four days as they deal with serious operational issues put in motion by the coronavirus pandemic. They’ve also been forced to reduce their July schedule by 1 percent. According to data from One Mile at A Time, the airline canceled 83 flights on […]
02/05/2021
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By Cassie B.
11,000 American jobs lost thanks to Biden’s executive order canceling Keystone XL Pipeline
On President Joe Biden’s first day in office, he signed an executive order stopping the construction of the Keystone XL pipeline, which was intended to transport crude oil from Canada to the United States. Americanpipeliner.com estimates that up to 11,000 jobs were lost directly because of the pipeline’s cancellation. The pipeline workers will now have […]
08/11/2020
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By Cassie B.
Most New York City restaurants won’t be able to pay their July rent, survey finds
The economic effects of the coronavirus crisis are being felt deeply in the New York City restaurant industry. July was just the latest in a string of disappointing months for the city’s restaurants, bars and clubs, and a new survey has found that most of these establishments will be unable to pay their rent for […]
08/01/2020
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By Cassie B.
UCSF medical school pays hackers $1.14 million in bitcoin to get stolen data back
The University of California San Francisco paid $1.14 million in bitcoin to hackers following a ransomware attack that took place earlier this month. The attack encrypted data on the university’s School of Medicine servers, rendering it inaccessible. The hackers initially demanded $3 million, but the university got them to agree to a lower amount through […]
07/16/2020
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By Cassie B.
Is the U.S. Treasury trying to END currency by taking change out of circulation?
Some U.S. retailers have stopped giving customers change because of what is being widely touted as a coin shortage, but many people fear that the Treasury is trying to use coronavirus as an excuse to ramp up the war on cash and end currency in favor of far more trackable electronic transactions. Kroger recently became […]
05/19/2020
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By Cassie B.
Layoffs strike The Economist as coronavirus continues to hit major media companies hard
It may not be too shocking to see sectors like tourism being hit so hard by the coronavirus pandemic, but its effects are being felt even in places you might not expect. It’s also having an effect on major media companies – even at a time when many people have plenty of time for media […]
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