A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty Images A highly popular group of weight loss and diabetes drugs is decreasing some consumers’ appetites — and also how much they spend on food. Most people taking those medications, … Read more
Just as the U.S. stock market rally has started to show signs of strain, some of the biggest commodity funds on the market have begun to gain steam. As of April 5, the SPDR GLD Shares ETF (GLD) was up 7.9% over the past month and trading at record highs. The iShares Silver Trust (SLV) … Read more
A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on … Read more
If you think chocolate prices this Valentine’s Day were more expensive than usual, it’s not you. The price of cocoa , the key commodity used in chocolate, hit a record high last week at $5,798 per ton. Year to date, futures contracts are up nearly 27%, with cocoa prices rising in six of the past … Read more
CNBC’s Jim Cramer outlined the ways that Federal Trade Commission chair Lina Khan has attempted to stop mergers and acquisitions from going through, hurting stock portfolios in the process. “Khan’s FTC has deterred many a potential merger, and that’s kept stock valuations much lower than they should be as the Nippon Steel-U.S. Steel deal shows,” … Read more
