Why Global Food Price Inflation Really Matters

Ben Bernanke insists that inflation remains “quite low.” That’s true, unless you need to eat. Core inflation doesn’t include food prices, and they’re soaring around the globe. In fact, the U.N.’s Food and Agriculture Organizati…

McDonald’s CFO on How It Aims to Supersize Growth

McDonald’s boosted its profit last year with the launch of new beverages and expansion in emerging markets. Can it keep up the growth this year as food prices rise? Chief Financial Officer Peter Bensen discusses the fast-food g…

Food Prices Jumped to Record High in December

Global food prices rose to a record high last month, overtaking even the levels seen during the 2007-2008 food crisis.

The UN Food and Agricultural Organization said its food price index rose to 214.7 points last month, an increase of almost 4.2% fro…