The price of cocoa is on a wild historic ride: It topped the all-time record before Valentine's Day and almost doubled since then, in time for Easter. The culprit is the weather.
It's Indicators of the Week — our weekly look under the hood of our global economy. Today we look at why cocoa prices are soaring, whether India's electoral bonds are bad for democracy and how a typo sent Lyft shares (briefly) soaring.
Chocolate lovers won't see a sudden price spike for Valentine's Day — because the cost already has been rising for months. Extreme weather is largely to blame.
For years, chocolate-lovers have pointed to studies suggesting compounds in cocoa may be good for heart health. But some of the recent evidence comes from flavanol-rich cocoa, not from candy bars