These food items are getting more costly in 2022

Everything from coffee to mustard is getting more expensive next year.

Many food manufacturers say they plan to raise prices in 2022 for a range of products from macaroni-and-cheese to snacks, the latest sign that consumers will continue to face higher costs at the supermarket.

“There’s nothing immune from price increases,” said Tony Sarsam, chief executive officer of food retailer and distributor SpartanNash Co., adding that produce, dairy and packaged food such as bread and juice are among many items set to become more pricey next year.

Food prices are estimated to rise 5% in the first half of 2022, according to research firm IRI, though the level of increases will vary by grocers and regions.

INFLATION HITS HIGHEST LEVEL IN 39 YEARS AS CONSUMER PRICES SURGE

Mondelez International Inc. said recently that it

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2022 job market predictions according to CareerBuilder CEO

Employment platform CareerBuilder is gearing up for an influx of traffic at the start of 2022 after seeing a major jump in users this past January, and the company’s CEO shared with FOX Business her predictions for how the job market will operate throughout the coming year.

CareerBuilder

In analyzing their data, CareerBuilder saw a 43% jump in new users in January 2021 from the month before, along with a 20% increase in resume uploads and a 5.4% uptick in jobs applied to.

While an annual boost from New Year’s resolutions is expected, the “Great Resignation” followed in 2021 – and it might not be over.

Careerbuilder ceo sue arthur

CareerBuilder CEO Sue Arthur (CareerBuilder)

JOBLESS CLAIMS REMAIN UNCHANGED AT 205,000, NEAR HALF-CENTURY LOW

Looking forward through 2022, CareerBuilder CEO Sue Arthur sees a series of trends that

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West Virginia business leaders rally behind Manchin for opposing Biden’s Build Back Better

West Virginian business owners and stakeholders are speaking out in support of Sen. Joe Manchin’s opposition to Build Back Better and voicing their frustration over what they see as the media’s misrepresentation of their state’s best interests.

Media outlets all over the country have published articles and op-eds blasting Sen. Manchin’s decision to split from his party and vote “no” on President Biden’s Build Back Better agenda and rejecting his claim that his decision was informed by what’s best for the people he represents in West Virginia.

An article in the New Yorker quoting a West Virginia Democratic operative positioned the legislator as a member of the “political class” out of touch with the identity of his constituents. The author wrote “The senator’s blockade against programs that have helped

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Stocks in 2022 face bumpy ride as S&P sits at record

Equities are on quite a run in 2021 with the S&P 500, the broadest measure of U.S. stocks, sitting at a fresh record high and many strategists see the momentum continuing in the new year but not without some bumps. 

Ticker Security Last Change Change %
SP500 S&P 500 4725.79 +29.23 +0.62%

“I think we need to get through one or two earnings periods to prove both businesses and consumers alike are as adaptable as they were during this first wave of the COVID virus. I think we could gradually grind higher, maybe if we are lucky, get to 5,100 next year,” UBS Managing Director and senior portfolio manager Jason Katz told FOX Business. 

MIXED MESSAGES OF THE MARKET: JASON KATZ OF UBS

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Intel is latest US company to apologize to China while pushing social justice at home

Intel has apologized for discouraging suppliers from doing business with China’s Xinjiang region, after a letter published on its website sparked backlash from a Chinese state-run publication and social media users.

Citing government restrictions in multiple countries on products from the area, Intel said they were “required to ensure our supply chain does not use any labor or source goods or services from the Xinjiang region.” Now the company is trying to play damage control to quell the ire of their Chinese customers.

AMAZON REPORTEDLY TOOK DOWN REVIEWS OF CHINESE PRESIDENT’S BOOK AFTER DEMANDS

“We deeply apologize for the confusion caused to our respected Chinese customers, partners and the public,” Intel said in a statement reported by The Wall Street Journal, in which they claimed that the previous letter had only been issued to be in compliance with American legal requirements. 

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