Consumerist
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grocery shrink ray
Food Makers Not Passing On Savings From Falling Commodities Prices
The prices of commodities has dropped from their peaks of last year, yet food makers are not reducing consumer prices, reports Marketplace. Now this is rather funny, and familiar. More » -
recession watch
Farmers Slaughtering Dairy Cows Rather Than Lose Money Producing Milk
It's so expensive to produce milk right now — due to low demand and high feed costs — that farmers are being paid to slaughter dairy cows in order to "shift the pain to consumers," says Bloomberg. More » -
groceries
Gas And Ingredients Are Cheap, So Why Are Grocery Prices Rising?
With the the cost of ingredients, gas prices, and interest rates dropping, why are food manufacturers continuing to hike prices and shrink products? According to the L.A. Times, supermarkets don't know, but they're as pissed as we are.
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oil
What Would $40 A Barrel Oil Mean For Travelers?
Oil is now nearing a 4-year low as the world's economic crisis keeps on truckin', says the Wall Street Journal. Light, sweet crude (don't you just love that term?) is now trading at 44.56 a barrel on the New York Mercantile Exchange. "The price was the lowest since January 2005 and more than $100 below oil's record close July 3," says the WSJ. So, what does that mean for travelers? More » -
advertising
60's Ad: If Your Man Likes The Unexpected, Serve Rice
This 1960's ad for rice teaches us once again that you can sell anything if you pair it with a hot chick. These days, probably the only thing unexpected thing about rice is its price. Full-size inside.
1960s ad for rice [BoingBoing]
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grocery shrink ray
Grocery Shrink Ray Hits Publix, Yoplait Yogurt
Where did those two ounces of yogurt go? The dreaded grocery shrink ray has blasted them to oblivion, my friends. Not even store brands are safe.
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walmart
Walmart Rations Rice
Following Costco's lead, Walmart announced it is now rationing rice. Shoppers at Sam's Club discount wholesale clubs will be limited to four bags of rice per customer. Wal-Mart "working with our suppliers to address this matter to ensure we are in stock, and we are asking for our members' cooperation and patience." It's not as bad as it sounds, the bags are still 500 lbs each.
Wal-Mart Rations Rice, Warns of "Supply and Demand" Concerns [Fox Business News]
PREVIOUSLY: Costco: One Bag Of Rice Per Customer, Please -
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food
Costco: One Bag Of Rice Per Customer, Please
The NY Sun says that Costco has resorted to "rationing" bags of rice in California and flour and oil in New York due to limited supply: More » -
pricing
Get Out Your $#%@# Checkbook! Here Comes "Food Inflation"
Think you're paying too much for food now? You're going to pay more in 2008 according to Reuters. More » -
commodities
Bad Weather In Europe Leads To Horrifying Shortage Of Good Beer
Oh no! NPR is reporting that bad weather in Europe has lead to decreased production of hops, a crucial ingredient of beer. The shortage is causing the price of fancy microbrewery beers to rise. More » -
mutual funds
"Now, Everyone Wants A Dishwasher."
We were discussing expanding our mutual fund portfolio (not hard, as it only contains ONE fund right now) with our step-father and mentioned adding in some international and European funds.
He agreed, cautioning to make sure we looked into funds with low expense ratios.
Then, he, a man who will proudly die never having been accused of being a smidge too politically correct, added, More »
Is a commodity bubble the new housing bubble? [- 1
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