
Tomato prices are up about 40% over a year ago, according to the latest Consumer Price Index, dwarfing increases for other groceries, including coffee (up 18.5%), beef roasts (up 17.8%) and frozen fish and seafood (up 12%)

Inflation jumped to 3.8% in April compared with a year ago, the Commerce Department said Thursday, up from 3.5% in March and the highest since May 2023

Fewer Americans filed for jobless aid last week as layoffs remain low despite a number of uncertainties that continue to cloud the economy

China would restore market access for U.S. beef and resume imports of poultry from U.S. states determined by the U.S. Department of Agriculture to be free of the bird flu, the White House said

Retail sales up 0.5% in April from March as higher gas prices leave less room for nonessential items
Shoppers pulled back on spending in April as higher gas prices fueled by the Iran war meant less money left over for nonessential goods

U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the most since December 2022

Over the next year or more, Americans could also see higher food prices due to spiking fertilizer costs, since around 30% of the world’s fertilizer travels through the Strait of Hormuz

Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war ‘s closure of the Strait of Hormuz has choked off the supply of this fuel that powers the global maritime industry and its largest refueling hub in Asia

The Labor Department’s consumer price index rose 3.8% from April 2025, according to data released Tuesday. Grocery prices rose 0.7% from March to April, as meat prices rose


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