As Americans confront a surge in prices at the pump, another inflation wave is headed for the grocery store. A combination of factors including bad weather, tariffs and a dwindling cattle herd are already pushing up grocery prices at an above-average pace. In April, they rose by the most in nearly four years, and economists say the impact of the Iran war and a potential El Niño weather pattern wil
Geopolitics Bloomberg May 27, 2026