Frozen Chicken and Turkey Products Recalled Due to Possible Contamination
BY TOM OZIMEK Federal food safety authorities announced Friday that some 276,872 pounds of not-ready-to-eat chicken and turkey bowl products have been recalled because they may contain small rocks. The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced in a release that Conagra Brands, Inc., Russellville, Ark. and Marshall, Mo. establishments, have announced the Class […]
Oil Prices Surge on Firmer Demand, Reduced Supply
BY TOM OZIMEK Following a shock selloff in U.S. oil futures last month that saw prices dive into negative territory, oil prices climbed more than 4 percent on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories. Brent crude futures were up $1.38, or 3.98 percent, at $36.03 per barrel at 10:54 a.m. […]
Trump Announces Rules for $19 Billion In Pandemic Relief to Farmers
BY TOM OZIMEK President Donald Trump announced rules on Tuesday for a $19 billion pandemic relief package to farmers, who can start signing up next week for direct federal aid. Speaking at a podium flanked by tables stacked with fruits and vegetables in the Roosevelt Room of the White House, Trump shared details of the U.S. Department […]
Pro Sports to Resume in California, in Stadiums With No Fans: Newsom
BY TOM OZIMEK California Gov. Gavin Newsom said Monday that professional sports in the Golden State could restart in stadiums as early as June 1, but without fans. The caveat for a resumption is that “we hold these trend lines,” meaning a continued decrease of infections and hospitalizations, Newsom said at a briefing about the state’s response to […]
Agriculture Secretary Expects No Food Shortages In Coming Months
BY TOM OZIMEK U.S. Secretary of Agriculture Sonny Perdue said on Friday that he does not expect any food shortages in the coming months due to COVID-19 outbreaks in meat processing plants. In an interview Friday on NPR’s “Morning Edition,” Perdue said the U.S. Department of Agriculture (USDA) tracks meat processing plant openings and capacity, and on that […]
Trump Says Pandemic Shows Era Of Globalization Is Over
BY TOM OZIMEK President Donald Trump said virus-related disruption to supply chains has exposed the vulnerability of America’s reliance on sources in foreign countries, adding that he believes that the days of “globalists” have come to an end. Trump made the remarks in an interview with Fox Business’s Maria Bartiromo that aired Thursday. “It’s all going to be […]
Polls Say Millions of Americans Will Refuse COVID-19 Vaccine
BY TOM OZIMEK As the race to develop a COVID-19 vaccine continues, polls show that when scientists do finally deliver, millions of Americans will refuse to take it. President Donald Trump told Fox News recently that he was confident that around the end of the year, a vaccine would be available for COVID-19, the disease caused by the Chinese Communist Party (CCP) virus, […]
Jobless Claims Top 33 Million in Past 7 Weeks, Insured Unemployment Hits Record High
BY TOM OZIMEK As the pandemic continues to wreak havoc on the economy, more than 3 million workers in the United States filed unemployment claims during the week ending May 2, bringing the number to more than 33 million in the past seven weeks, which is around 22 percent of the workforce. The number of people […]
Jobless Claims Top 30 Million In Past Six Weeks, Insured Unemployment Hits Record High
BY TOM OZIMEK As the pandemic continues to hammer the economy, more than 3.8 million workers in the United States filed unemployment claims during the week ending April 25, bringing the number to over 30 million in the past six weeks. Meanwhile, the seasonally adjusted insured unemployment rate surged to a record high of 12.4 percent for the […]
Tyson Foods Warns of Shortages as Meat Plants Shutter
BY TOM OZIMEK After years of market concentration forcing reliance on a few processing giants, the pandemic-driven closure of some of the nation’s major meat plants has disrupted the food supply chain, with Tyson Foods warning of shortages on grocery shelves. On April 26, in an open letter run as a full-page advertisement in The New York Times, The Washington Post, and […]
