Category: price increases

[Premiering 6/1 at 1PM ET] “We’re in a Crisis” and “Are Going to See Empty Shelves”: Farmer Sounds Alarm Over Coming Food Shortage

We sat down with John Boyd Jr., a farmer who gave me an inside look at current farming conditions facing America and what we can expect in terms of food shortages and price increases here in the United States in the coming months. With the rise of inflation in recent months, farmers have seen their…


“We’re in a Crisis” and “Are Going to See Empty Shelves”: Farmer Sounds Alarm Over Coming Food Shortage

We sat down with John Boyd Jr., a farmer who gave me an inside look at current farming conditions facing America and what we can expect in terms of food shortages and price increases here in the United States in the coming months. With the rise of inflation in recent months, farmers have seen their…


‘Food Shortages Are Coming’: Farmer Association President Sounds Alarm Over Coming Food Crisis

We sat down with John Boyd Jr., a farmer who gave me an inside look at current farming conditions facing America and what we can expect in terms of food shortages and price increases here in the United States in the coming months. With the rise of inflation in recent months, farmers have seen their…


Food and Fuel Costs Rise Drastically Due to Inflation in Central Europe

On either side of the Atlantic, inflation is affecting many nations, with the developing economies of Central and Eastern Europe bearing the brunt of the global supply chain crisis along with high energy costs. Lithuania posted one of the highest annual inflation rates recorded with 8.2 percent, while Estonia registered 6.8 percent, Hungary 6.6 percent,…


Dollar Tree Will Now Price Items $1.25, CEO Blames Inflation for 35-Year Hike

Dollar Tree announced Tuesday that it will be permanently raising prices for most of its items from the namesake $1 to $1.25 citing inflationary pressures resulting in higher merchandise cost and increasing operational expenditures. “For 35 years, Dollar Tree has managed through inflationary periods to maintain the everything-for-one-dollar philosophy that distinguished Dollar Tree and made…


Co-operative Warns UK Supply Chain Crisis Will Push up Prices and Put Pressure on Profits

The Co-operative warned of food price increases and pressure on its annual profits from the mounting supply chain crisis as it swung to a half-year loss. The group’s Chief Executive, Steve Murrells, told the PA news agency that supermarket price rises are “coming” as retailers across the UK battle with the lorry driver shortage, increased…


Rising Inflation Could Mean Largest Social Security Increase Since 1983

Rising inflation and the price increases that come with it may lead to the highest raise for senior citizens in decades. The Senior Citizens League predicted Thursday that the annual cost-of-living adjustment for 2022 Social Security payments could be the highest since 1983. The prediction comes as federal data this week showed two major signs…


Biden’s Hidden Tax Increase

Commentary Every American is going to pay higher taxes due to the Biden administration’s policies. Remember that inflation is a hidden tax. It is a powerful (and often unseen and unstoppable) way for a government to pay for its goods and services without raising visible taxes that make people angry. Warren Buffett is widely regarded…