Supply & Demand

We can add cork stoppers and bottle screw tops to the world’s changes in supply.As a result, we might be opening our wine bottles differently.Today's econlife blog: https://t.co/CkbihSNYcH#econlife #corks #supplychain pic.twitter.com/J6wEHoo0sb— econlife.com (@Econlife) August 28, 2023

Making wine is getting more expensive due in part to recent world events, and the French are drinking less of it.

The company is trying “to migrate more subs to the advertiser-supported tier,” CEO Bob Iger said.

There may be one person benefiting most from Messi’s otherworldly play—Messi himself.

Diapers, food, rent — around the world, prices are rising. So what can we do about it?Subscribe and turn on notifications 🔔 so you don't miss any videos: ht...

Consumers have largely had their fill of “revenge spending” on big vacations and dining out, although wealthy travelers are still splurging on pricey trips abroad.

The Kanye West and Adidas partnership may be over, but Adidas reports that the rapper’s shoes drew sales of $437 million in recent months.

International travel is so back.

Kraft Heinz CEO said that despite declining volume and market-share losses, he doesn't believe prices were raised too much.

“I need this! But I’m lazy to make my own so Amazon to the rescue!!”

Got milk? Demand for milk is down this year, causing an oversupply for farmers.

Dozens of drugs made by Pfizer Inc. may be more difficult for hospitals to purchase because they were manufactured at the company’s North Carolina plant that was damaged by a tornado last week.

Will it usher in an era of more original films and fewer sequels?

World’s biggest olive producer, Spain, on course for second bad harvest in a row, raising fears of gaps on shelves and even higher prices

Tourists visiting southern Europe amid a heat wave might question whether summer is the best time to visit.

Double feature summer begins July 21 with Oppenheimer and Barbie

"The last time this happened was a little bit at the beginning of the pandemic, and before that, it was almost unheard of."

The prolonged shortage of a certain red sauce is making the black market go wild.

“A Pennsylvania-based gas chain dropped its prices to $1.776 for the 4th of July, and economics educators now have a great clip for how price changes impact the quantity demanded #TeachEcon https://t.co/r5zhgbQmCS”

After years of declining demand, orange juice sales have hit their highest level since 2016....

“We just don’t have a peach crop,” one Peach State farmer lamented.

Is having a fruit on your license plate the new Sports Illustrated cover jinx?

The nation's largest city is gearing up to implement congestion pricing.

Georgia peaches will be missing from most produce stands this year. Peach farmers across Middle Georgia say their crop has been all but wiped out by an unusually warm winter, which caused fruit development earlier than normal, followed by a brutal cold snap in March that killed the nascent buds.

America’s top-selling beer is no longer American.

Leading processed seaweed makers plan to raise prices by up to 40%

Alternative milks remain the darling of plant-based growth but record high inflation and a deluge of innovations are slowing product movement.

Macy’s, Costco and other big chains say shoppers are pulling back at their stores and changing what they buy. That could be a red flag for the US economy.

Heat and drought in the Mediterranean are harming production of olive oil, causing its price to spike. The global price of the oil is now almost $6,000 per metric ton, according to data from the International Monetary Fund (IMF). That’s the highest since 1997, when it reached $6,225.