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Consumers are "humanizing" their pets and paying the premium prices

Nov 6, 2018
Americans spent nearly $70 billion on their pets last year — roughly half on food alone.
Purina offers canned dog food at different price points. Alpo costs 85 cents a can at a Kansas City grocery store, while the company’s premium product, Beyond, is $1.85.
Peggy Lowe/KCUR

Retaliatory tariffs could be a boon for U.S. food banks

Oct 24, 2018
Some crops from U.S. farmers losing money from a trade spat with China will be redirected to food banks across the country.
Volunteers sort pears at a San Francisco food bank in 2017.
Photo by Justin Sullivan/Getty Images

Dunkin' aims at Starbucks with revamped espresso drinks

Oct 24, 2018
Dunkin’ recently dropped “Donuts” from its name, and now we know one reason why. It wants people to think more about fancy coffee drinks. The chain says it’ll be brewing lattes, cappuccinos and Americanos at its 9,200 stores by the holidays. That’s a pretty big pivot to coffee. Click the audio player above to hear […]
Getty Images for Dunkin'' Donuts

Dunkin' aims at Starbucks with revamped espresso drinks

Oct 24, 2018
Dunkin’ recently dropped “Donuts” from its name, and now we know one reason why. It wants people to think more about fancy coffee drinks. The chain says it’ll be brewing lattes, cappuccinos and Americanos at its 9,200 stores by the holidays. That’s a pretty big pivot to coffee. Click the audio player above to hear […]
Getty Images for Dunkin'' Donuts

Here's how the Federal Reserve determines the inflation rate

Oct 11, 2018
The Consumer Price Index tracks the average price change over time for a “basket”  of goods and services. The CPI takes into account things like food, transportation and health care. If the CPI goes up, that’s considered an indication that the inflation rate is rising. But when the Federal Reserve calculates the inflation rate, it […]
Justin Sullivan/Getty Images

Hot pot IPO heats up the competition

Sep 24, 2018
Haidilao's IPO comes at a time when hot pot chains are expanding globally.
Yu Li’s Tang hotpot offers a range of premium menu items, as the hot pot world gets more competitive.
Tang Hotpot

Why private equity firms are hungry for old-school food brands

Sep 7, 2018
They aren't buying the food companies for the long run or the delicious taste.
JOEL SAGET/AFP/Getty Images

For public good, not for profit.

Justin Sullivan/Getty Images

Conagra to buy Pinnacle Foods and more frozen staples

Jun 29, 2018
Conagra already owned frozen food aisle staples Healthy Choice and Marie Callender’s. Now with the acquisition of Pinnacle Foods for $8.2 billion, it’ll own other frozen food staples like Hungry Man dinners and Birds Eye vegetables. Together, all those foods will create a conglomerate worth an estimated $11 billion in annual sales. But as customers […]

General Mills leans into cleaner eating hoping for sales bump

Jun 27, 2018
Scrambling to keep people reaching for yogurt and breakfast cereal, General Mills and other packaged good manufacturers are trying to find new ways to compete as sales slump. General Mills holds its fourth quarter earnings call this morning before the bell. Click the audio player above to hear the full story.