EU links virus fund access to budget advice amid crisis
The European Commission signaled that recovery funds will be conditioned on countries following its budget guidance, as the 27-nation bloc braces for a historic recession. Valdis Dombrovskis stressed deficits exceed 3% in most members, except Bulgaria, but aid will be tied to reform and long-term stabilization plans. The plan aims to back a long-term budget over a trillion euros, with an aid package due May 27.
MENTIONED IN THIS ARTICLE
Brussels
European Union
Bulgaria
European Commission
Valdis Dombrovskis
Dombrovskis
Italy
Spain
Food prices surge in April highest since 1974
Detroit area shoppers faced the largest one month rise in grocery costs since February 1974 as the CPI shows a 2.6 percent jump in groceries despite an overall CPI drop. Meat, eggs and produce led price gains with egg costs peaking at $3 a dozen and wholesale egg prices easing later. Local residents report higher weekly grocery receipts and anxious planning to manage shortages and higher meat prices amid supply disruptions and shifts from restaurants to retail.
MENTIONED IN THIS ARTICLE
Detroit
U.S. Bureau of Labor
Mary Kay Ash
Clinton Township
Michigan
Meat Department
Ash
Metro Detroit
Labor Department
United States Department of Agriculture
USDA
Trey Malone
Michigan State University Agriculture
Malone
CPI
China
U.S
Uber Eats launches Family Style Meals with curated menus
Uber Eats unveils Family Style Meals in select markets to offer shared and larger portions at value prices. The program, aimed at families affected by financial squeeze, includes curated menus and larger meals from participating restaurants with a nationwide rollout expected by June. Uber also pledges 100,000 free rides to food insecurity programs as part of a broader 10 million ride donation.
MENTIONED IN THIS ARTICLE
Uber
Kalyan Kuchimanchi
U.S
Canada
Uber Eats
Family Meals
New York City
Los Angeles
Atlanta
Miami
San Francisco
Washington
Dallas
Boston
Houston
Connecticut
New Jersey
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Bageto Shopping
Milan
Marco Alpozzi
Lapresse
Associated Press
Neiman’s Family Market
Frances Kmiecik
St. Clair
Mich
Brian Wells
Times Herald
USA Today
Feeding America