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News & Articles By Cassie B.
10/21/2021
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By Cassie B.
Supermarket chain owner predicts 10% food price hike in the next 60 days
At a time when Americans are already paying significantly more money on their grocery bills, the owner of a New York City supermarket chain has warned that food prices are going to continue to rise significantly in the near future, with increases potentially reaching as high as 10 percent in just two months. This is […]
10/21/2021
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By Cassie B.
Poll: Most voters consider Biden’s handling of the economy “poor” as inflation soars
More than half of voters in a recent survey gave President Biden’s handling of economic issues a poor rating as inflation continues to climb. The national poll, which was carried out online and via telephone last week by Rasmussen Reports and The National Pulse, found that just over a third of likely U.S. voters consider […]
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 […]
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