Latest in Inflate Food Prices
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Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - Jan. 15 -
FDA Bans Red Dye 3 in Foods, Linking It to Cancer in Rats
Consumer and food safety groups have long urged the agency to revoke the use of this dye and others. The F.D.A. says studies have shown that it causes cancer in rats, but not in humans.The New York Times - Jan. 15 -
Here's the inflation breakdown for December 2024 — in one chart
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.CNBC - Jan. 15 -
FDA Bans Artificial Dye Red 3 From Food
Consumer-advocacy groups petitioned the agency to restrict the additive, which has been linked to cancer in animals.The Wall Street Journal - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
FDA bans use of Red No. 3 dye in food, drinks
The U.S. Food and Drug Administration is moving to ban the use of Red No. 3 dye in food products.ABC News - Jan. 15 -
FDA bans red dye No. 3 from foods
U.S. regulators are banning the dye called Red 3 from the food supplyABC News - Jan. 15 -
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden administration as he re-takes the White House next week.NBC News - Jan. 15 -
Why a small drop in inflation matters to you
The marginal dip in UK inflation is unusually important and offers some respite to the chancellor.BBC News - Jan. 15 -
UK inflation unexpectedly cools to 2.5%, core price print slows further
U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.CNBC - Jan. 15 -
F.D.A. Proposes New Food Labels to Detail Sugar, Fat and Salt Content
The agency issued designs for front-of-package lists that food companies would be required to include.The New York Times - Jan. 14 -
Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges
Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ prescription price hikes of 1,000% or more.NBC News - Jan. 14 -
Volunteers reflect on impact of food donations for LA fire victims, first responders
Local volunteers, restaurants and organizations like World Central Kitchen worked all weekend to support LA firefighters and evacuees.ABC News - Jan. 14 -
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - Jan. 14 -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 12 -
Girl's allergies so severe she tries new food outside hospital
Seren suffered her first anaphylactic shock at six months old and has needed her EpiPen six times.BBC News - Jan. 12 -
Where California wildfire victims can find food, housing and other resources
If you have been impacted by the Palisades, Eaton and Hurst fires, here is the emergency assistance available to you right now.ABC News - Jan. 10 -
Los Angeles restaurants providing food, relief for those impacted by fires
Amid the Los Angeles fires restaurants are helping serve meals and free food, water and facilitating donations for first responders and the affected community.ABC News - Jan. 10 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Costco’s holiday-season sales jump was not just about food, analyst says
Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in online sales.MarketWatch - Jan. 8 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Belgium’s Food Agency Advises Against Eating Your Christmas Tree
The country’s food agency warned against using evergreens in food after the city of Ghent suggested an unusual form of recycling: spruce needle butter.The New York Times - Jan. 8 -
A tree is just for Christmas, not for dinner, Belgian food agency warns
Message came after northern city of Ghent posted tips for recycling the conifer as a dish. At a time when most people have probably polished off their holiday leftovers, Belgium’s food agency has ...The Guardian - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
FDA sets limits on lead in some baby foods
But consumer advocates say the Food and Drug Administration's new guidance on lead limit in baby food doesn't go far enough.CBS News - Jan. 6 -
FDA limits toxic lead in some baby foods
The FDA set maximum levels for lead in baby foods like jarred fruit, yogurts and dry cereal, part of an effort to reduce kids’ exposure to the toxic metal.NBC News - Jan. 6 -
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Michael Moss breaks down new FDA rules for "healthy" food labels
Pulitzer Prize-winning journalist Michael Moss explains the FDA's new rules for "healthy" food labels, limits on added sugars, and the push for alcohol warning labels.CBS News - Jan. 6 -
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Finland fuels children’s future with financial literacy and food
World-beating ambition drives real-life business practice and free lunches for kidsFinancial Times - Jan. 6 -
Congestion pricing is a New York idea.
A Columbia University economist, William Vickrey, proposed charging varying tolls for roads and subways in the 1950s.The New York Times - Jan. 5 -
N.Y.C. Congestion Pricing Begins on Sunday
After twists and turns, a contentious plan meant to reduce traffic and pay for transit improvements is scheduled to take effect at midnight Sunday.The New York Times - Jan. 4 -
Fire at food market in northern China kills eight people and injures 15
Cause of fire in city of Zhangjiakou in Hebei province is under investigation. At least eight people have died and 15 are injured after a fire broke out at a food market in northern China, ...The Guardian - Jan. 4 -
Experts say high food prices are here to stay. Here's why
Some experts say there's really nothing the government can do about high food prices.CNBC - Jan. 4 -
Fire at a food market in northern China kills at least 8 and injures 15
Chinese state media says a fire at a food market in northern China killed at least eight people and injured 15 othersABC News - Jan. 4 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
Newsom launches investigation into ‘ultra-processed’ foods in California
California Gov. Gavin Newsom (D) ramped up efforts Friday to crack down on "ultra-processed” foods, signing an executive order aimed at investigating health risks linked to synthetic food dyes and ...The Hill - Jan. 3