Thursday Business Headlines – WISH-TV | Indianapolis News | Indiana weather



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INDIANAPOLIS (WISH) – Here’s a look at the headlines from Thursday’s affairs with Jane King.

Bacon prices soar

Bacon is more expensive for Americans than it has been in the past 40 years.

The average price of that slice of bacon to go with the Sunday morning spread has jumped almost 28% over the past 12 months.

Government price data also shows that pork chops are costing you about 7% more than 12 months ago.

Supply chain issues and high demand for pork are behind this increase.

Rent rising at shocking rates of over 10%

US rents are increasing at rates of over 10 percent.

In some cities in Florida, Washington and Georgia, rents have increased by 25% or more.

Since the start of the pandemic, the median rent for a two-bedroom apartment in the United States has climbed 13.1% to $ 1,663. according to Zumper.

Macy’s involved in a legal battle

Macy’s is embroiled in a legal battle with its owner to prevent Amazon from using a billboard above its most iconic store.

The department store chain has asked the Kaufman organization to end a possible deal with Amazon to use the billboard at its historic Herald Square in New York City.

Macy’s claims in a lawsuit that any advertising from its competitor online would cause “immeasurable” harm to its business.

YouTube tackles anti-vaxx misinformation

YouTube bans several anti-vaccines from its site – including Robert F. Kennedy Jr. – and will remove any content that suggests approved vaccines are harmful or do not work.

The new ban applies to all vaccines, not just those against COVID-19.

Dollar Tree Raises Prices Amid Rising Costs

Dollar Tree asks customers to pay more than a dollar for many items.

It’s linked to inflation.

Its costs are increasing for everything from energy to labor, so some items will drop to $ 1.50

He says the price increase will also allow him to offer more items.

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