Tag: major

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Expert: US could approach “high-inflation era” soon

An economic expert has warned that the U.S. may be nearing an era with high inflation rates. Capital Economics Chief Market Economist John Higgins claims that inflation will remain “significantly higher on average” over the next decade. His forecast comes amid different economic issues plaguing various parts of the world that threaten to increase prices. […]

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Major storable food supplier Augason Farms ceases operations for 90 days, citing collapsing supply chain

Storable food mega-supplier Augason Farms has ceased operations for 90 days, citing, “global raw-material shortages” and “substantial delays” in procurement and production. “Regrettably, BCG [the parent company owner of Augason Farms] cannot fulfill your orders on time; therefore, this letter communicates our decision to suspend business for the next 90 days, effective immediately,” says an […]