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Stores Flooded With Merchandise But Inventories Rise Again, Huge Discounts Coming
The Advance Inventory Data (preliminary) from the commerce department shows inventories continue to rise.
Food Banks are Early Warning Systems for Emerging Food Crises
For months, the specter of a global hunger crisis has been looming. The war in Ukraine is a compounding factor, blocking key value chains for food and fertilizer just as the world reckons with the impacts of the COVID-19 pandemic on global hunger.
US Savings Rate Crashes To Lowest Since Lehman, Fed's Favorite Inflation Signal Near 40-Year Highs
PCE breaks down as follows: Food prices accelerated along with housing as gasoline ticked down modestly in April (which will only be temporary as gas prices have exploded higher in May)...
‘We Don’t Have Food’: African Leaders Meet As Crises Grow
Leaders called for increased mobilization to resolve a humanitarian crisis that has left millions displaced and more than 280 million suffering from malnourishment.