Posts by Jacob Passy
Jacob Passy is a freelance journalist and student in the business and economics reporting program at the CUNY Graduate School of journalism. He currently writes for CNBC.com and NBCNews.com, and has previously contributed to the Wall Street Journal’s Speakeasy blog, Sheepshead Bites, and WNYC/PRI's The Takeaway. Jacob is a graduate from Tufts University, where he received a bachelor's degree in international relations.
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Poultry demand takes flight as red meat prices spike
By Jacob Passy Thanksgiving is over six months away. But that’s not stopping American consumers from breaking out the turkey – and chicken and eggs, to boot. More people are […]
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Sky-high food prices nourish famished inflation
Food and energy joined forces to take a bite out of consumer’s wallets last month, according to prospects ahead of Tuesday’s release of the Consumer Price Index. The Consumer Price […]
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Drought-related spike in food prices fuels otherwise flat inflation
Consumer prices barely rose in the past month as plummeting energy prices offset a stark increase in the cost of food items. The Consume Price Index (CPI) rose 0.1 percent […]
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Energy prices buoy otherwise low price inflation in January
By Jacob Passy While this winter’s record-setting cold weather caused a big spike in the cost of electricity and natural gas, consumer prices barely increased in January. The Consumer Price […]