When the price soars for a national delicacy – Korean kimchi
The New York Times printed a fascinating article about how South Koreans are dealing with…
Dr. Duru Bernanke Makes the Case for Low Inflation for A Very Long Time To Come
On Friday, Federal Reserve Chairman Ben Bernanke spoke at a conference on “Revisiting Monetary Policy…
U.S. dollar at nine-month low
The greenback isn’t looking too strong of late: Most likely, the sinking U.S. dollar means…
writejesse Freight prices rising; Sen. Rockefeller says Congress must intervene
To the chagrin of West Virginia Sen. Jay Rockefeller, rising freight costs are a reality:…
What is going on with cotton prices?
Notwithstanding a pullback the past two days, cotton prices have been on a tear lately,…
Gold prices continue to rise
The price of gold, which has nearly doubled in the past two years, hit another…
Rally in lumber prices continues
In April of this year, lumber futures rocketed to a four-year high of $337. In…
High Commodity Prices Force Starbucks to Increase Its Prices
Coffee drinkers at Starbucks will soon be waking up to more than just caffeine. Starbucks…
AK Steel increases prices to offset rising material costs
Yesterday, AK Steel (AKS) warned investors that earnings would be lower than expected partly due…
Flat core CPI raises odds of more quantitative easing
The Bureau of Labor Statistics (BLS) reported the consumer price index (CPI) increased 0.3% from…