Coffee prices soared to a 10-year high on Monday, with experts projecting the high costs to last well into 2023, CNBC reported. Coffee contracts for December hit $2.34 per pound …
Topic:
Prices
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Jonathan Lesser on November 30, 2021 It’s no secret that gasoline prices have increased some 50% since last year. The higher prices have rippled through the U.S. economy, raising shipping …
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Transportation Secretary Pete Buttigieg suggested that Americans worried about increasing gasoline prices should purchase electric vehicles to save money. Families that own an electric vehicle won’t ever have to worry …
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The average price of gasoline nationwide hit its highest Thanksgiving week level since 2012, the Energy Information Administration (EIA) said. On Monday, Americans paid an average of $3.40 per gallon, …
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U.S. consumer spending grew in October as consumers prepared for holiday shopping with inflated prices and continuing supply chain issues. Household spending increased 1.3% in October compared to the previous …
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Dollar Tree announced Tuesday it is raising its prices, bringing the cost of its products over one dollar for the first time in 35 years. The dollar store will raise …
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Another cereal giant will increase prices for many of its popular brands earlier than expected, according to CNN. General Mills notified at least one of its major wholesale suppliers that …
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President Joe Biden tapped into the U.S. emergency oil reserves Tuesday despite previously throwing cold water on the idea that he said wouldn’t have much effect. “I don’t have a …
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CNN applauded President Joe Biden for declining oil prices on Friday, just 10 days after reporting that prices were out of his control. The news outlet published a story written by …
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Saule Omarova, President Joe Biden’s pick for a top Treasury Department position, struggled to answer whether she thinks higher gasoline prices are bad for the U.S. during a Banking Committee …
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The Biden administration asked China, Japan, South Korea and India to tap into their emergency oil reserves as the president continues to grapple with rising gasoline prices, Reuters reported. The …
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U.S. retail sales increased in October as shoppers faced the largest price increase in 30 years entering the holiday season. Retail sales, a measure of how much consumers spent on …
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Secretary of Energy Jennifer Granholm said President Joe Biden is “all over” rising gasoline prices but failed to name a single administration policy aimed at lowering energy costs. “The president …
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White House press secretary Jen Psaki argued that higher gasoline prices, which critics blame the Biden administration for, highlight the need for a rapid transition to clean energy. “Our view …
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Median home prices surged in the third quarter of 2021 in almost every housing market in the U.S., the National Association of Realtors said in a report Wednesday. The median …
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NEW YORK – New York Attorney General Letitia James today announced an agreement that will help upstate New York residents of several cities maintain choices and competitive prices when shopping …
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Oil prices surged again Friday after foreign producers ignored the Biden administration’s repeated requests to boost output and resolve global shortages. U.S. crude oil surpassed $80 per barrel while the …
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Energy Secretary Jennifer Granholm laughed out loud when asked during an interview Friday what her plan was to ease gasoline prices nationwide. “That is hilarious,” Granholm laughed when asked by …
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Cereal giant Kellogg announced Thursday that it expects to raise prices as inflation, supply chain problems and a recent labor strike boosted the company’s expenses. Nearly 1,500 workers went on …
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Senate Majority Leader Chuck Schumer announced Tuesday that Democrats reached an agreement to lower the price of prescription drugs, a key sticking point in their $1.75 trillion social spending package. …
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With the New York Times reporting that “Thanksgiving 2021 could be the most expensive meal in the history of the holiday,” families are also getting crunched on another expense: Gas. Since President Biden …
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GOP lawmakers have turned up the heat on the Biden administration, repeatedly slamming it for rising energy prices that consumers have experienced recently. House Minority Leader Kevin McCarthy hosted roundtables …
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The price of gasoline in a remote California town reached $7.59 per gallon this week as energy costs continue to rise nationwide and show no sign of slowing down. The …
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Procter and Gamble said Tuesday it is raising prices on a variety of popular home goods due to a sharp increase in freight transportation and raw materials costs. The company behind …
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A 19-state coalition urged Congress to reject a proposed methane fee that would punish producers as energy prices continue to surge. The legislation would cost consumers $14.4 billion and could …