Latest / Apple News Today / The reasons why your groceries are still so expensive
Transcript
- 0:00[MUSIC FADES IN]
- 0:05Yasmeen Khan, Narrating: Good morning. It's Tuesday, February 6th.
- 0:08I'm Yasmeen Khan, in for Shumita Basu. This is "Apple News Today."
- 0:12Coming up, what's up with high grocery costs,
- 0:15the surprising role of radio in the Gaza war,
- 0:19and the spicy breakup story behind the Sriracha shortage.
- 0:25[MUSIC FADES OUT]
- 0:27But first, let's take a quick look at some major stories in the news.
- 0:31At least three people are dead in California,
- 0:33and there's more dangerous rain and wind in store for the state.
- 0:37Power's been knocked out to hundreds of thousands
- 0:39of homes and businesses.
- 0:41And the severe weather is threatening to spread to other states
- 0:44as it moves east toward Arizona and Nevada.
- 0:47Tens of millions of people have been under flood warnings.
- 0:50Los Angeles Mayor Karen Bass told people to stay off the roads
- 0:54and to brace for more dangerous conditions.
- 0:56[START FOX 11 ARCHIVAL CLIP]
- 0:57Karen Bass: I know that this is hard, but Angelenos, we will get through this.
- 1:00We anticipate the rains for a couple of more days,
- 1:03but know that we are not standing alone in our city.
- 1:06[END FOX 11 ARCHIVAL CLIP]
- 1:06Khan, Narrating: While she was briefing the public, President Biden called in
- 1:09to offer more federal assistance.
- 1:11Bass put him on speaker so people could hear it.
- 1:14[START FOX 11 ARCHIVAL CLIP]
- 1:14President Joe Biden: We'll get any help on the way as soon as you guys request it.
- 1:19So just let me know. That's why I'm calling.
- 1:21[END FOX 11 ARCHIVAL CLIP]
- 1:22Khan, Narrating: Downtown L.A. saw historic levels of rain,
- 1:25breaking a record that stood for more than a century.
- 1:27The excess water is too much to handle for soil in the region,
- 1:31leading to dozens of mudslides.
- 1:34In politics, the Democratic and Republican primaries
- 1:37are in Nevada today.
- 1:39Confusingly, there's also a Republican caucus
- 1:42in Nevada on Thursday,
- 1:44and the top GOP candidates won't face off in the contests.
- 1:48Nikki Haley's competing in today's primary.
- 1:51Former President Trump is running in Thursday's caucus.
- 1:54The GOP double-take is because of a dispute
- 1:57between the state legislature and the Republican Party.
- 2:00Delegates will go to the caucus winner,
- 2:02so Trump will win the contest that counts most in Nevada.
- 2:06The next head-to-head race for the GOP is the South Carolina primary
- 2:09on February 24th.
- 2:12Abroad, King Charles III is stepping away from public duties for cancer treatment.
- 2:17Buckingham Palace hasn't said what kind of cancer the 75-year-old has,
- 2:22other than to say it's not prostate cancer.
- 2:25Doctors found his condition while he was being treated for a separate,
- 2:28benign prostate enlargement.
- 2:31And in entertainment news, country star Toby Keith is dead at 62.
- 2:36The artist was diagnosed with stomach cancer in 2022.
- 2:40He had dozens of top 10 hits. Some were classic country party songs.
- 2:44One of his most controversial was a 2002 song, after 9/11,
- 2:49that fans found patriotic and critics thought was overly aggressive.
- 2:53[ACOUSTIC GUITAR MUSIC]
- 2:54Also, Tracy Chapman returned to the top of the charts.
- 2:58"Fast Car" hit number one on iTunes.
- 3:01Her Grammys duet with country singer Luke Combs
- 3:04had people wanting to hear her 1988 original again.
- 3:16In many ways, the U.S. economy is doing great.
- 3:19Job growth is solid. Overall inflation is dropping.
- 3:23But try telling that to somebody who's staring at a fat grocery receipt
- 3:27and wondering why they got so little food for the money.
- 3:30[MUSIC FADES OUT]
- 3:31The cost of groceries is one place where consumers are still feeling a pinch.
- 3:36Food costs have climbed 25% over the last four years,
- 3:39outpacing inflation.
- 3:41And according to "Washington Post" economics correspondent Abha Bhattarai,
- 3:46there's no easy policy fix here because many factors
- 3:49are keeping food costs high.
- 3:51Abha Bhattarai: You know, a lot of things related to climate change,
- 3:54droughts, dry weather, you know, just excess rain,
- 3:57flooding in different parts of the world.
- 4:00We also have Russia's invasion of Ukraine, which has impacted a bunch of commodities,
- 4:04avian flu, and then labor shortages and higher wages
- 4:07just across the spectrum of the food process.
- 4:12Khan, Narrating: Economic policy experts say another issue is consolidation in the food business.
- 4:17Less competition means large chains can keep prices higher
- 4:21without losing customers.
- 4:22President Biden has accused some large-scale grocers
- 4:25of price gouging Americans,
- 4:27and his administration has taken legal action.
- 4:30Bhattarai: I think it has become a big priority of the administration to figure out
- 4:35whether companies are jacking up prices beyond what is necessary and sort of…
- 4:39taking advantage of this moment where consumers are resigned to the fact
- 4:43that they may have to pay a little bit more at the supermarket.
- 4:46Khan, Narrating: For those of you wondering, "Will prices ever come down at the grocery store?"
- 4:51The answer is yes and no.
- 4:53One agricultural economist told Bhattarai
- 4:56they likely will not return to pre-pandemic levels,
- 4:59but things are at least stabilizing
- 5:01with several items dropping in price last year,
- 5:04like eggs, lettuce, and tomatoes.
- 5:06And the Agriculture Department predicts a very slight drop
- 5:10in overall grocery prices this year.
- 5:12[PENSIVE MUSIC]
- 5:21For Israelis and Palestinians who've been separated
- 5:24from their loved ones by war, it's been a difficult four months.
- 5:28[MUSIC FADES OUT]
- 5:29But some have been figuring out ways to talk to their loved ones
- 5:32through the radio.
- 5:33NPR has a story on how Palestinian and Israeli radio stations
- 5:38are trying to reconnect families.
- 5:40Yarden Roman-Gat was taken hostage by Hamas on October 7th,
- 5:44but has since been released.
- 5:45She said her captors allowed her to listen to the radio.
- 5:48That's how she found out that some of her relatives died,
- 5:51but that her husband and child were alive.
- 5:54She also learned that her family was aware she was being held hostage.
- 5:58Here's her cousin speaking with NPR.
- 6:00[START NPR ARCHIVAL CLIP]
- 6:01Roman-Gat's Cousin: She said that that was one of the most important things for her
- 6:06while she was in captivity, keeping her strong,
- 6:08knowing that her husband and child are still alive,
- 6:12and that we fight for her.
- 6:15[END NPR ARCHIVAL CLIP]
- 6:16Khan, Narrating: That gave the country's biggest broadcaster,
- 6:18Israeli Army Radio, an idea.
- 6:21The radio station started airing messages for the remaining hostages in Gaza
- 6:25from their relatives and loved ones.
- 6:27Every hour, a song is dedicated to a hostage by name,
- 6:31like this song called "We Will Meet."
- 6:33[MUSIC FADES IN]
- 6:39[MUSIC FADES OUT]
- 6:40Meanwhile, Palestinians are using the power of radio, too.
- 6:43There are thousands of Palestinians being held in Israeli jails.
- 6:47Most are being held without charge or are awaiting sentencing.
- 6:50And Israel has all but cut off communication.
- 6:53There are no more family visits.
- 6:55Lawyers have minimal access to their clients,
- 6:58and even some mail delivery services have been severed.
- 7:01Israeli officials say the measures are in place to prevent coordinated attacks,
- 7:05but jailed Palestinians say it's unbearable not knowing
- 7:09what's going on in the outside world.
- 7:11So, one radio station has been playing messages from families
- 7:15to their detained loved ones, hoping that maybe they'll hear it.
- 7:1918-year-old Deema Ali recorded a message for her dad,
- 7:22who's been accused of having ties to Hamas, which the family denies.
- 7:26She told NPR she has no idea if her dad would hear the message, but in it,
- 7:31she wanted him to know that everything at home was fine,
- 7:34school was good, and not to worry.
- 7:36[START NPR ARCHIVAL CLIP]
- 7:37Deema Ali: We have no connection to reach to him or to speak with him.
- 7:40Where's the human rights? Where's the prisoner rights?
- 7:44Even the lawyer can't reach to him.
- 7:47[END NPR ARCHIVAL CLIP]
- 7:47Khan, Narrating: Technically, Palestinians aren't allowed to listen to radios
- 7:50in Israeli detention centers,
- 7:52but some who've been released say that occasionally one gets smuggled in
- 7:56and a message can get around.
- 7:58As NPR notes, desperate families feel there's nothing to lose
- 8:02in recording a message. You never know who, by chance, may be listening.
- 8:06[THOUGHTFUL MUSIC]
- 8:17Lovers of hot sauce, specifically the iconic Sriracha
- 8:21from Huy Fong Foods, are a passionate group.
- 8:24[MUSIC FADES OUT]
- 8:24They go crazy for that bottle, the one with the bright green cap
- 8:27and rooster on the label.
- 8:29This particular brand of Sriracha has attracted legions of fans.
- 8:33It even inspired a whole documentary.
- 8:36[START ARCHIVAL "SRIRACHA MOVIE" CLIP]
- 8:36Unidentified Speaker 1: I just love that bold flavor.
- 8:38[WOMAN LAUGHS]
- 8:39Unidentified Speaker 2: It's yummy.
- 8:41[END ARCHIVAL "SRIRACHA MOVIE" CLIP]
- 8:41Khan, Narrating: But those folks have been out of luck lately.
- 8:44The hot sauce has been in short supply in grocery stores,
- 8:47and online sellers have sometimes jacked up prices to nearly $70 a bottle.
- 8:52The company has blamed the shortage on climate change and drought in Mexico.
- 8:57But some experts said that didn't quite add up.
- 9:00Now, "Fortune Magazine" reports on what it says is the real origin
- 9:05of this shortage. The problem goes back to a dispute in 2016.
- 9:10And it's actually a break-up story about a decades-long friendship
- 9:14and business partnership that completely unraveled.
- 9:18For years, the maker of Huy Fong Foods had an agreement with a farmer
- 9:22from California. He would grow all the chilies for the hot sauce,
- 9:26and the company would be his only pepper buyer.
- 9:30Together, they had enormous success, becoming a worldwide bestseller.
- 9:34Then, in 2016, a fight over pricing ended their 28-year partnership
- 9:40and brought each man financial ruin.
- 9:44Each person has their version of who did what wrong,
- 9:48but the bottom line was one guy had thousands of acres of peppers
- 9:52with no one to buy them, and one guy had a hot sauce factory
- 9:56with no peppers to keep it running.
- 9:58[MUSIC FADES IN]
- 9:59It's an epic tale that turned two men into direct competitors
- 10:03and left millions of people without their favorite hot sauce.
- 10:07You can read the whole thing, along with all the stories we talked about,
- 10:11in the Apple News app. And if you're already listening in the News app,
- 10:14we've got a narrated article coming up next from the "Atavist Magazine"
- 10:18about an incredible story of survival.
- 10:21Last year, four children went missing in the Colombian Amazon
- 10:25after surviving a plane crash.
- 10:26They spent 40 days alone in the jungle before they were rescued.
- 10:31And this story gets into all the details on how they survived
- 10:34and were finally found.
- 10:36If you're listening in the Podcasts app, you can follow Apple News+ Narrated
- 10:40to find that story. And I'll be back with the news tomorrow.
- 10:46[MUSIC FADES OUT]