Retail Beef Price Spreads, Not Wholesale, Have Grown the MostThe Biden administration recently published a plan to deal with the growing cost of beef driven by a monopoly in the beef processing industry. Currently four companies—Cargill, Tyson Foods, JBS, and National Beef Packing—control over 85 percent of the processing market.
China, Bitcoin, and Forex TradingIn October, China banned the use of cryptocurrencies along with bitcoin mining because of its association with money laundering and excessive energy usage. The decision came as coal prices in China were at historic highs. China's electrical consumption is the world's largest and…
Labor Union PACs Dominate Local ElectionsAt the federal level, labor unions exert substantial influence on elections, handling over $13 million in contributions in the 2021-2022 campaign season alone according to data from OpenSecrets. While substantial, they regularly rank below other industries like finance and…
