supply chain

Here’s why food prices remain stubbornly high even as inflation cools

BY: - December 13, 2022

Shoppers hoping for a little relief at the grocery store for their holiday meals will be disappointed by the Consumer Price Index released Tuesday. The CPI shows inflation cooling but food prices — particularly for some holiday staples — remain high. The CPI increased 0.1% in November, which was lower than some economists expected. Over […]

COMMENTARY

Veteran Wall Street trader shares some truths about inflation and the economy

BY: - October 17, 2022

In my 36 years of studying financial markets and the economy, there has never been a time quite as chaotic as this one. When you pile on the noise of our fractured political and media spheres, it can be nearly impossible to find genuine apolitical analysis of the economy. With a new series of columns […]

COMMENTARY

US history lesson: Taxes on rich people helped to beat inflation (and win World War II)

BY: - October 6, 2022

North Carolina lawmakers should learn from past national experience and rethink state's fiscal policies Did you know progressive taxes helped beat Hitler? If not, don’t worry, you’re not alone. It’s worth looking back at how taxes helped tackle inflation during WWII and what lessons NC leaders still need to draw from that bit of economic history.

State elections officials struggle with paper shortages, harassment, insider threats

BY: - July 25, 2022

MADISON, Wis. — Elections officials from 33 states, gathered for a conference under tight security, warned that the next few election cycles will be affected by paper shortages and the potential for threats from inside elections offices. The meeting of the National Association of State Elections Directors last week was held with stringent security precautions, […]

Vilsack offers integrated plan for domestic food production

BY: - June 2, 2022

The Biden administration has set aside billions of dollars to help the nation’s food supply chain recover from the coronavirus pandemic — and, more recently, the looming global effects of Russia’s invasion of Ukraine — and on Wednesday, it announced new funding and a comprehensive overview of how those initiatives mesh. “A transformed food system […]

Infant formula stockpile for the U.S. suggested by FDA chief

BY: - May 27, 2022

WASHINGTON — The U.S. government should consider creating a stockpile of infant formula to avoid the possibility of future shortages, the head of the U.S. Food and Drug Administration told a Senate committee on Thursday. Commissioner Robert Califf said during his third hearing on Capitol Hill about the months-long shortage that his agency and lawmakers […]

FDA chief cites ‘egregiously unsanitary’ conditions at Michigan baby formula plant

BY: - May 26, 2022

WASHINGTON — The head of the U.S. Food and Drug Administration told Congress on Wednesday that he’s found no evidence of intentional delay or malfeasance within the agency — though it took months to act on a whistleblower report of what he called “egregiously unsanitary” conditions at an infant formula plant in Michigan. FDA Commissioner […]

Under fire from Congress, FDA chief says baby formula shortage will improve soon

BY: - May 20, 2022

WASHINGTON — U.S. Food and Drug Commissioner Robert Califf told Congress Thursday that the infant formula shortage will likely begin to improve in the coming days, though he declined to explain to unhappy lawmakers why his agency didn’t act sooner on a whistleblower report that detailed safety issues at an Abbott Laboratories facility in Michigan. […]

Congress, White House scramble to ease baby formula shortage

BY: - May 19, 2022

Bipartisan bill advances in the House, but without support of NC Republicans WASHINGTON — Both the Biden administration and Congress moved Wednesday to try to relieve a national infant formula shortage, as the White House invoked the Defense Production Act and the U.S. House approved $28 million for the Food and Drug Administration. President Joe […]

U.S. House to vote on $28 million for FDA to relieve infant formula shortage

BY: - May 17, 2022

WASHINGTON — Democratic appropriators in the U.S. House unveiled a $28 million emergency spending bill Tuesday intended to address a nationwide infant formula shortage that has left parents and caregivers struggling to find food for babies. The U.S. House is expected to vote this week on the bill, which would provide funding to the U.S. […]

Work to ease supply chain problems to start with backed-up seaports, White House says

BY: and - November 9, 2021

The first seaport to improve its facilities following passage of the $1.2 trillion infrastructure bill could be in Savannah, Ga., a senior Biden administration official said Tuesday. President Joe Biden has yet to sign the measure, which Congress sent to Biden’s desk late last week, funding improvements in highways, transit, ports, waterways, airports and other […]