What Will You Do When Inflation Forces U.S. Households To Spend 40 Percent Of Their Incomes On Food?
Did you know that the price of corn has risen 142 percent in the last 12 months? Of course corn is used in hundreds of different products we buy at the grocery store, and so everyone is going to feel the pain of this price increase. But it isn’t just the price of...
The I-95 of Fuel Shuts Down
The country’s largest gasoline pipeline is mostly out of commission after the system’s operator, Colonial Pipeline, got hit with a ransomware attack. What happened: On Thursday, the hackers reportedly stole nearly 100 gigabytes of data from Colonial’s computer...
The world’s largest jeweler is ditching diamonds-au-naturel
Millennials kill another time-honored tradition Lab-grown diamonds (LGD) are made in pressurized ovens with the same clarity and brilliance as their earth-made counterparts for ⅓ of the cost. Perhaps more importantly for industry, LGDs can be produced in weeks...
The per-ton price of hot-rolled coil steel, 3x the 20-year average. (AKA not a steal).
Steel prices have tripled. Now Bank of America is sounding the alarm New York (CNN Business)A bubble could be brewing in steel stocks. The pandemic brought the American steel industry to its knees last spring, forcing manufacturers to shut down production as they...
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