Why grocery prices keep surging

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New York (CNN Business) Grocery costs keep climbing.Prices of meat, seafood, produce , cereal and other kitchen staples shot up 9% in 2021. That’s according to data from IRI, a Chicago-based market research firm, and the trend is continuing this year.Big-name brands are raising prices: Kraft Heinz ( KHC ) […]

Migrants from distant countries like Russia and Ukraine outnumbered those from Central America at the US-Mexico border last month

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Migrants from Mexico, Guatemala, Honduras, and El Salvador are usually the majority at the Southern border.Last month, migrants from countries farther away, like Ukraine and Russia, outnumbered them.A CBP official told Axios the trend is tied to smugglers “expanding” their business.Get A growing number of migrants from Russia and Ukraine […]

Wage growth may be slowing from ‘breakneck’ pace

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The rapid pace of pay increases that characterized the labor market for much of last year is showing signs of slowing down.Wage growth among private-sector jobs slowed to 1.2% in the fourth quarter of 2021 from 1.4% in the previous quarter, according to U.S.Department of Labor data issued Friday.That pace […]

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