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MSNBC MSNBC Reports June 4, 2024 15:48:00

Remains at a 40-year high. families are making cuts to afford those rising grocery and gas bills. we never eat out anymore. we used to eat like once a week or something. we hardly ever do that anymore. at jim dandy s in rutherford, new jersey, owner brian flynn is feeling the pain. the way the food costs are running out of control and the labor shortage, it s really unprecedented. he says he s hiked prices four times due to the rising cost of labor, frying oil and chicken and still losing money on every plate of chicken fingers. i should charge $21 for five chicken fingers and fries. i charge $13.95. the odds of a recession are at 38% in the next two years. last week changes in the bond market. federal reserve chair jerome powell says he s trying to ....

Jim Dandy , Out Of Control , Brian Flynn , Food Costs , Labor Shortage , New Jersey , Chicken Fingers , Frying Oil , 13 95 , 3 95 , Jerome Powell , Bond Market , Federal Reserve ,

FOXNEWS Americas Newsroom With Bill Hemmer Dana Perino June 4, 2024 13:32:00

About the cost of supplies and food. everything is going up. it will be passed on to the customers. it has to be. what is it doing to your business and what do you look for long term? well, you know, right now we ve been absorbing all the costs. we try not to pass it onto the customer but it has it has to go on to the customer. we re right in the process of raising some prices and everyday goods. blended oil, frying oil, double in price. items go up, they go up double, triple. when they come down they never come down to the original prices. they are always inflated. we could go on and on. every product is so expensive now and we re trying the best we can to not pass it along to the customer, but between the minimum wage and the cost of ....

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