Author: Elizabeth Blessing
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Wheat costs a quarter more at the farm, yet bread and cereal are forecast to rise at their normal pace
Wheat prices at the farm gate have jumped sharply this summer, and the reason is a shrinking harvest. USDA’s Economic Research Service says farm-level wheat prices climbed more than 9 percent in a single month and are now running roughly a quarter above where they stood a year ago. Despite that spike, the agency’s own…
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Vegetable prices paid to farms fell 29 percent in a single month, and produce relief usually lands within two
Farm-level vegetable prices just posted their sharpest one-month drop of the year, and USDA’s own numbers suggest the produce aisle tends to start feeling that kind of move within a month or two. According to the U.S. Department of Agriculture’s Economic Research Service, prices paid to farms for fresh vegetables fell 29.4 percent from June…
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California diesel passed $7.21 a gallon, $1.62 above the national average
California’s price for on-highway diesel fuel crossed $7.20 a gallon last week, according to the U.S. Energy Information Administration’s weekly survey, the highest of any state in the country and more than a dollar sixty above the national average. Most households don’t buy diesel directly, but the fuel that moves trucks, freight and delivery vehicles…
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West Coast drivers are paying $5.21 a gallon while the Gulf Coast pays $3.62
Drivers on the West Coast are paying close to a dollar sixty more per gallon than drivers on the Gulf Coast, according to the U.S. Energy Information Administration’s latest weekly survey. The gap isn’t a fluke of one bad week; it’s the widest split of any two regions EIA tracks, and it actually grew last…
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Gasoline fell 25 cents in Colorado and 18 cents in Ohio last week while the national average barely moved
Gasoline prices moved in sharply different directions across the country last week, according to the U.S. Energy Information Administration’s weekly survey of retail stations. While the national average barely budged, drivers in Colorado, Ohio and a couple of other states saw some of the steepest single-week declines the agency logged all year. For households in…
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Delivery costs $18.71 per thousand cubic feet on a home gas bill
Most of a home’s natural gas bill has nothing to do with the price of the gas itself. Federal data published August 31, 2026 show the residential price of natural gas averaged $24.09 per thousand cubic feet in June 2026, while the wholesale citygate price, what a local utility actually paid to receive that same…
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A Banco Popular employee is barred from banking for taking customer funds
A former telephone banking consultant at Banco Popular de Puerto Rico in San Juan has been permanently barred from ever working in banking again, under a Federal Reserve Board order naming Gadiel J. Rosario-Alvarado. The Board’s own order says Rosario-Alvarado misappropriated roughly $65,747 from bank customers between 2023 and 2025 by debiting money directly from…
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A proposed $103,265 fee on skilled worker visas is open for comment
The Department of Homeland Security wants to add a $103,265 fee to certain H-1B visa petitions, and the number is drawing attention because it is larger than many workers’ annual salaries, not because it is already law. DHS published the proposal on August 25 as a Notice of Proposed Rulemaking, and the public comment period…
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The IRS is telling workers to recheck withholding this week, because the new deductions changed the math
The IRS put out a reminder this week, timed to National Payroll Week, telling workers to pull up their last pay stub and check whether the right amount of federal tax is coming out. It’s the kind of notice that’s easy to scroll past, but this year it lands differently: the new deductions for overtime…
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Insurers actually paid $6.5 million of the $1.3 billion a shell equipment company billed Medicare
Prosecutors say a Pennsylvania medical-equipment company submitted at least $1.3 billion in fraudulent claims to Medicare and other insurers over five months in 2025, but the money that actually left those insurers’ accounts was a fraction of that: about $6.5 million. The gap between the number in the indictment and the number that got paid…
