food

Consumer price inflation in May is expected to be searing as energy, food and rents rise

Economists expect inflation in May to continue to burn white, with rising costs for energy, food, rent and health care. According to Dow Jones, economists expect the consumer price index to rise 0.7% from 0.3% in April. On an annual basis, this would equate to a rate of 8.3%, the same rate as in April. …

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The pandemic has given many people ‘food nostalgia’, attracting this 9-year-old start-up a million new customers

If you got a deep-frozen pizza from Lou Malnati or a cheesecake from Junior frozen in the mail — especially during the summer of 2020 — you probably have Goldbelly to thank. The food delivery website was first launched nine years ago, with the aim of shipping food from popular restaurants across the country to …

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I Used to Roll My Eyes About Food Allergies, Until My Daughter Developed One

I will never forget the day I realized my daughter had a true allergy with cashew nuts. Another of my children, who is dairy free, decided to make tomato soup. The recipe called for dairy milk to create the creaminess, so we looked for substitutes. We opted for cashew milk, which would provide a similar …

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S&P 500 falls into bearish territory; The stock market sell-off continues

A week-long selloff took on new intensity on Friday, sending the S&P 500 into bearish territory for the first time since the pandemic-induced 2020 selloff. The shares rose at the open, then reversed course, falling throughout the session. The S&P 500 fell 1.8%, on course to close at least 20% below its January peak. The …

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Plant-based food industry faces reset as Beyond Meat and Oatly stocks suffer

In this photo photo Oatly Oat Milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street seems to be downgrading on herbal substitutes. Shares of Beyond meat and oatly have lost more than half their value this year. Stocks are both high-profile and relatively recent entrants to public …

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