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US lettuce prices chopped as costs for other goods remain stubbornly high

Price for the crop dropped dramatically this summer after the cyclospora outbreak caused demand to wilt At the Republicans’ midterm convention held earlier this week, Donald Trump said that “food prices and almost every other item are rapidly going down”. Fresh inflation data on Friday told a different story - but in one specific case, costs have been chopped. The price of lettuce dropped…

US lettuce prices chopped as costs for other goods remain stubbornly high

We haven't written up this one. The Guardian US has the full story — the link below goes straight to it.

Read the original at theguardian.com →

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US stocks jump as oil eases, inflation comes in near expectations

NEW YORK — U.S. stocks are rebounding Friday and clawing back much of their losses for the week after oil prices eased off their recent spurt. An update on inflation across the United States that came in close to economists’ expectations, even if prices are still rising too quickly for everyone's liking, also helped calm the market.

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