Wages in Australia Continue to Rise Strongly
In “Australia Boom Pays Men Without Degree More Than Bernanke“, Bloomberg uses a gimmicky title…
commodities
Dr. Duru Hershey’s increases wholesale prices 9.7%
The Hershey Company announced a comprehensive increase in prices today “across the majority of its…
Beware of bargain prices wrapped in smaller packages
The NY Times printed a mostly anecdotal article about companies hiding price increases in smaller…
Prices going up at the company lunch counter
It had to happen eventually. My company recently announced that prices in the company cafeteria…
General Mills expects increased supply chain costs
General Mills (GIS) announced earnings this morning and reported that it expects supply chain costs…
How rising food prices squeeze the poor
While Federal Reserve Chairman Ben Bernanke comfortably dismisses rising food prices as a transient phenomenon…
U.S. edges closer to using its Strategic Petroleum Reserve
News services are reporting that the U.S. is edging closer to tapping its Strategic Petroleum…
Battling inflation is a top priority in 2011 for China
In “China says cannot lower guard against inflation“, Reuters reports that “China’s Premier Wen Jiabao…
Greenspan knows inflation?
Suddenly, former Federal Reserve chairman Alan Greenspan knows inflation. In fact, he now sees inflation…
Iron ore prices set to continue their upward pressure
The Financial Times reports that analysts expect iron ore prices to rise as much as…