Featured Article

U.S. Justice Department investigates beef pricing at Tyson Foods, Cargill, and JBS.

By Tim J. Smith, PhD May 12, 2026

An unorthodox inquiry with real damage. Beef prices are higher now than usual, and the price of beef rose faster than other grocery items. This is not the result of price-fixing or market collusion. It is the outcome of biology and market forces. Beef is harder to produce than chicken. To raise a pound of chicken meat, a farmer needs to feed the chicken about 2 pounds of feed. To raise an…

In This Issue

LabCorp Holdings Pricing Spineometer: 5 of 5 Vertebrae

By Tim J. Smith, PhD November 7, 2025

LabCorp, a laboratory services company for medical providers, pharmaceuticals, and researchers, had a positive FY 2024. Revenue rose 7% to $13.0 billion,…

Moderna Pricing Spineometer: 3 of 5 Vertebrae

By Tim J. Smith, PhD November 7, 2025

Moderna, a leader in mRNA medicine best known for its COVID vaccine, had a mixed FY 2024. Revenue fell 53% to $3.2…

Where and When is the Inflationary Impact of Tariffs?

By Tim J. Smith, PhD October 1, 2025

Tariffs are in the news, but will they have no to little impact on inflation? What can we expect in the next…

Bristol-Myers Squibb Pricing Spineometer: 4 of 5 Vertebrae

By Tim J. Smith, PhD October 1, 2025

Bristol-Myers Squibb, a global biopharmaceutical company, had a mixed FY 2024. Revenue rose 7.3% to $48.3 billion while operating earnings fell 199%…

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