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2 mins read

Chicken producer stocks fall on DOJ price-fixing indictments, while food distributor stocks pop

The DOJ originally opened its criminal investigation into alleged chicken price fixing at Pilgrim's…

Matthew Fox   


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2 mins read

Lawsuit accuses 4 largest meat processors of driving up beef prices by conspiring to curb number of slaughtered cattle

The defendants — Tyson Foods, JBS, Cargill, and National Beef — control more than 80% of the US bee…

Erin Snodgrass   


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2 mins read

A Vermont chef made a 7-hour round trip to Whole Foods just to buy pita bread, spending double the normal price, after his supplier canceled last minute

Chef Nadav Mille, of Vermont, said food distribution giant Sysco canceled his pita order last minut…

Mary Hanbury   


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1 min read

Corporate insiders buying the dip in their stocks suggests gains are coming for the market in the 2nd half of 2022, research firm says

"While there are many reasons to think stocks could fall further, current insider sentiment is not …

Matthew Fox   


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2 mins read

The owner of a seafood trailer in Washington says he's stockpiled supplies, changed his menu, and hiked up prices due to supply shortages

The owner told The Bellingham Herald he decided to close the one day a week to make sure he doesn't…

Grace Dean   


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4 mins read

A top economist breaks down why he's forecasting a 50% chance of recession next year

Insider's Phil Rosen sits down with Moody's Analytics' Mark Zandi to talk about a potential US rece…

Phil Rosen   


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1 min read

Salmonella linked to onions has infected more than 650 people in 37 states, CDC says

The CDC is telling Americans to throw away any red, white, or yellow onions they have at home that …

Dr. Catherine Schuster-Bruce   


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3 mins read

Here's why peak inflation might not signal the end of the bear market in stocks

Fears of a prolonged bear market abound on Wall Street, as some top analysts are holding onto beari…

Phil Rosen   


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2 mins read

Tesla is beginning to prove that the future of trucking may actually be electric

The electric trucks have impressive features, including a 500-mile range per charge and the ability…

Mark Matousek   


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1 min read

Tesla says it will start making its futuristic semi this year - but only a few

As of April 2018, several companies have put in their orders for the Tesla Semi, including Walmart,…

Antonio Villas-Boas   


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2 mins read

Billionaire Nelson Peltz is getting into the cannabis business

Peltz, who is worth $1.6 billion according to Forbes, is the CEO and a founding partner of Trian Fu…

Jonathan Garber   


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3 mins read

Stocks slide as unrest in Hong Kong shakes already-rattled investors

Shares of Cathay Pacific slid as much as 4.9% to a decade low on Monday after China demanded the ai…

Daniel Strauss   


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2 mins read

Goldman Sachs will lose out $35 million in fees after the government killed a food merger

But when the Time Warner Cable-Comcast deal went to pieces, it was almost every other bank on Wall …

Jonathan Marino   


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2 mins read

10 things you need to know before the opening bell

Berkshire Hathaway's sees a big boost from Trump's tax cuts. The Warren Buffett-led conglomerate sa…

Jonathan Garber   


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1 min read

Tesla could have over 1,200 pre-orders for its new Semi

Jonas dutifully pointed out that Tesla is putting a lot on its plate, as it ramps up production of …

Matthew DeBord   


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2 mins read

10 things you need to know before the opening bell

Turkey's central bank promises 'all necessary measures' to save its financial system. "The Central …

Jonathan Garber   


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2 mins read

10 things you need to know before the opening bell

Markets are stretched across the board - and one wrong step could set off a vicious chain reaction.…

Jonathan Garber   


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7 mins read

Former bartenders Damian Diaz and Othón Nolasco are feeding 1,300 families of undocumented restaurant workers left jobless by the pandemic

Damian Diaz and Othón Nolasco are behind No Us Without You, feeding 1,300 families of undocumented …

Anneta Konstantinides   


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2 mins read

10 things you need to know before the opening bell

Mogan Stanley says the euro will be worth more than the pound. A Morgan Stanley team led by Hans W.…

Jonathan Garber   


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3 mins read

GOLDMAN SACHS: One overlooked profit measure is spiking to the highest since 2007 - and it could be the saving grace for stocks

The optimism matches Kostin's 2018 year-end forecast of 2,850 for the benchmark, which is roughly 1…

Joe Ciolli