National News

Guineans Scramble To Defend Themselves Against Deadly Virus

NPR News - Sat, 2014-04-12 05:03

A recent outbreak of Ebola in Guinea has the country on edge. Guineans have never experienced the deadly virus, and are learning quickly how to protect themselves.

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A Year After Bombings, Boston Comes Back 'Strong'

NPR News - Sat, 2014-04-12 05:03

The Boston Strong campaign cheers the grit and grace the city's shown since last year's marathon bombing. Journalist Mike Barnicle tells NPR's Scott Simon how Bostonians are overcoming the tragedy.

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Jailed In Cuba Since 2009, USAID Contractor On Hunger Strike

NPR News - Sat, 2014-04-12 05:03

Alan Gross has been in a Cuban jail for more than four years. This week, he went on a hunger strike. Reporter Jeffrey Goldberg, recently back from Cuba, brings NPR's Scott Simon an update.

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IRS Chasing Children For Dead Parents' Debts

NPR News - Sat, 2014-04-12 05:03

The IRS is going after taxpayers to pay their deceased parents' decades-old debts. NPR's Scott Simon talks with Marc Fisher of The Washington Post about the collection efforts.

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After Austerity, British Economy Declared World's Fastest-Growing

NPR News - Sat, 2014-04-12 05:03

In effect, the U.K. is saying "I told you so" after being declared the the fastest growing economy of any rich country in the world. NPR's Scott Simon talks with economist Simon Johnson.

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Armed Men Take Police HQ In Eastern Ukraine City

NPR News - Sat, 2014-04-12 04:21

A pro-Russian group is one of several that have seized public government buildings in the past week. Ukrainian officials promise a "very tough" response.

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Cursed With Mom Guilt? Charlie Brown Might Cure What Ails You

NPR News - Sat, 2014-04-12 03:03

Whenever writer Yiyun Li feels guilty about her parenting choices, she turns to Peanuts for refuge, holding on to the comforting comic strip as tightly as Linus clutches his security blanket.

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Gassy Cows Are Warming The Planet, And They're Here To Stay

NPR News - Sat, 2014-04-12 01:06

Methane from livestock accounts for a huge portion of agricultural greenhouse gas emissions, according to a UN report. But reducing global meat consumption isn't necessarily the answer to the problem.

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Food inflation, or, why bacon is a good investment

Marketplace - American Public Media - Fri, 2014-04-11 18:21
Friday, April 11, 2014 - 18:28 Scott Olson/Getty Images

California cows.

If you’ve noticed your receipt from the grocery store seems larger than usual, you have food inflation to thank.

While the prices of everything usually go up due to regular boring inflation, commodities like food have outpaced other goods.

Matthew Boesler, Business Insider reporter, says food inflation is increasing because of a few different factors.

“A lot of it is due to weather. We have a big drought in California. We’ve had dry conditions across the Midwest, the Great Plains regions,” Boesler says. “The extreme weather events serve to disrupt crop supplies. and that can drive prices up.”

“Another factor you have is the ‘financial-ization’ of these commodities markets,” he says. Hedge funds and other investors are increasingly pouring money into goods like beef and coffee. “It’s very easy for an investor to bet on rising commodity prices. And no one really bets on those prices going down, so you have a lot of one-way money flowing into these markets, and they can become quickly overwhelmed because [investment markets are] not designed for that.”

Data: Bureau of Labor Statistics

Raghu Manavalan/Marketplace

 

“Supply and demand sort of governs the price of a commodity, but the way these markets are set up and you know, given how much capital is flowing seeking investment opportunities, the jumps in prices can be very volatile and large.”

Marketplace Money for Friday, April 11, 2014by Raghu ManavalanPodcast Title Food inflation, or, why bacon is a good investmentStory Type InterviewSyndication Flipboard BusinessSlackerSoundcloudStitcherBusiness InsiderSwellPMPApp Respond No
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