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Tracy Mumford

๐Ÿ‘ค Speaker
3173 total appearances

Appearances Over Time

Podcast Appearances

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

All of this makes the berries one of the most fuel-sensitive items at the grocery store, which means they can be an early sign of just how much the war in Iran could affect prices.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

Raspberries were already expensive, but according to federal data, the wholesale price of fresh berries has doubled since January.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

And the Department of Agriculture is now warning that food bills overall could climb as much as 6% this year.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

It's not just about gas for transport.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

The war could drive up the cost of plastic packaging, a lot of which is petroleum-based.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

Also, a lot of the world's fertilizer is stuck in the Gulf, and that could affect crops, too.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

All of this comes on top of tariffs, a tight labor market, and other factors that were already contributing to higher prices.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

Beyond grocery stores and gas stations, the war is also continuing to shake the stock market.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

Yesterday, Wall Street had its biggest one-day drop since the start of the war, and the S&P 500 is on track for its fifth straight week of losses.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

President Trump said he is extending his deadline again for Iran to reopen the Strait of Hormuz.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

The key shipping route's been effectively closed for weeks, snarling global markets.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

If Iran doesn't comply, Trump is threatened to destroy the country's power plants.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

The president's first deadline was this past Monday.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

He then delayed it to today, and he's now set it for April 6th.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

He said Iran had asked him to push it back as the two countries have started talks about ending the war.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

There has been growing chaos at American airports, with 50,000 TSA workers going unpaid as senators have sparred over funding for the Department of Homeland Security.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

But just after 2 a.m., the Senate passed a funding measure that would cover most parts of the department, the TSA, along with FEMA and the Coast Guard.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

The bill has one clear exception, though.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

No new money for ICE or Border Patrol.

The Headlines
A Breakthrough for T.S.A. Funding, and How the War in Iran Will Hit Grocery Prices

Those DHS agencies have been at the center of the fight, with Democrats refusing to fund them without restrictions on agents.