Grocery costs inch up as energy costs bite retailer balance
Energy prices push up processing and shipping costs for foods while manufacturers raise prices modestly. Analysts say competition keeps retail food prices from surging, with retailers absorbing some increases. wholesale beef and dairy dips cushion the impact. Holiday travel and gasoline costs also push up overall expenses this season.
MENTIONED IN THIS ARTICLE
Terry Franci
Federation
Kraft Foods Inc
U.S
Bob Goldin
Technomic Inc
General Mills Inc
Campbell Soup. Co
Corinne Alexander
Purdue University
Diane Swank
Mesirow Financial
Seniors face dwindling pensions and health benefits crisis
The piece argues that falling finances and health costs erode promised pensions and medical coverage for millions of seniors. It cites Congress and corporate actions as breaches of trust, notes rising costs for health care, prescriptions, and taxes, and features expert voices Jan Warner and Jan Collins outlining post retirement readjustment needs and the risk of outliving savings.
MENTIONED IN THIS ARTICLE
U.S
Congress
Chicago Board of Trade futures slumped with mixed grain and livestock moves
Soybeans and wheat fell on Friday while oats rose slightly and hogs and cattle mixed. December wheat 3.02, December corn 1.91 1/4, January soybeans 5.69 3/4, pork and cattle futures varied, with lean hogs up and live cattle down. Local elevator quotes show wheat around 3.38 and soybeans 5.25 with other grains similar. Nonferrous and precious metal prices posted Friday quotes from major markets.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Chicago Mercantile Exchange
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence
Stocks end week at four year highs on gains
Wall Street in modest advance as Hewlett Packard earnings and two acquisitions lift major indexes to four year highs. Oil falls as winter demand concerns rise. Dow up 0.75 percent, S&P 500 up 1.1 percent, Nasdaq up 1.12 percent for the week. Year to date, Dow slight loss, S&P 500 up 3 percent, Nasdaq up 2.37 percent.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Hewlett- Packard Co
Russ Koesterich
Barclays Global Investments
New York Mercantile Exchange
Dow
Kansas jobless rate steady in October across regions
Statewide employment gains occurred in mining manufacturing and services while government added 7200 jobs as academic year hiring continued. Initial unemployment claims fell to 8800 from 10400 last October with two mass layoff events. Budget analysts raised revenue projections for 18 months and expect steady growth as the recovery from 2001 continues. The Topeka area rate stood at 5.4 percent down from 5.5. Wichita area 5.7 percent down from 5.9. KC metro region 5.3 percent up from September. The region saw year to year declines in labor force and employment.
MENTIONED IN THIS ARTICLE
Labor Department
Kansas
Topeka
Jackson
Jefferson
Osage
Shawnee
Wabaunsee
Wichita
Butler
Harvey
Sedgwick
Sumner
Kansas City
Franklin
Johnson, Leavenworth
Linn
Miami
Wyandotte
Also Mentioned on This Page
Nanny
Carolyn Ewing
Chicago
Jan Warner
National Academy of Elder Law
Jan Collins
Business and Economic Review
The
University of South Carolina
Economist
North
Lawrence South
Pauline
London
London Metal Exch
Handy & Harman
Mercury
Ysa
Lawrence Journal-World
Buzz Aldrin
Apollo 14
Scientist
Lawrence Otolaryngology Associates
Lawrence Medical Plaza
W. 6Th, Ste
Countcouwt
Keith Olbermann
Sunflower
Riverfront Plaza
Ste
NBC
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