Despite a steady six-month rally, lots of investors still haven’t jumped back into equities. While plenty of official economic reports say things are getting better, these investors are following other signs — often closer to …
Dire warnings about higher prices notwithstanding, not everyone in the consumer-staple sector expects to be a sorry victim of inflation. Count General Mills among those who aren’t afraid of the inflation bogey. It has been rais…
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…
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…
McDonald’s Corp. (MCD) raised the prices of some of the items on its menu in Chinese stores because of higher costs.
The increase “is because of higher raw material prices and we’ve adjusted our prices accordingly,” Sophia Luan, spokeswoman for McDon…