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Column: Cereal for dinner? It's one way to beat supermarket inflation

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Column: Cereal for dinner? It's one way to beat supermarket inflation

Every once in a while, Shardreata Moore gets a Subway coupon in the mail, and she knows she won’t have to worry about her next three meals.

“I get a $7.99 footlong and have them cut it in threes,” the retiree told me.

Moore, who was having lunch at the Sherman Oaks East Valley Senior Center, says she goes to Subway to order a chicken sandwich on whole grain bread, with spinach, cucumbers and tomatoes. That way, she gets some protein and at least a few fresh vegetables without a trip to the grocery store, where inflation is a killer.

On a tight budget, Moore said, “It’s difficult to eat healthy.”

California is about to be hit by an aging population wave, and Steve Lopez is riding it. His column focuses on the blessings and burdens of advancing age — and how some folks are challenging the stigma associated with older adults.

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Ann Picanza, another retiree, was in full agreement and happy to share her cost-cutting strategies, one of which is to take advantage of the daily free lunch at the senior center. On Thursday, the offering was chicken, brown rice, vegetables and fresh fruit.

Shardreata Moore, 67, left, and Ann Picanza, in her 70s, look for bargains on the deal racks at a market in Sherman Oaks.

(Genaro Molina / Los Angeles Times)

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When she does go grocery shopping, Picanza said, it’s not as simple as taking the bus to one store and filling a basket. She ricochets around from store to store, coupons in hand, seeking bargains as if on a treasure hunt.

“It’s difficult, and I have to buy things I didn’t use to,” Picanza said. “I used to enjoy buying a piece of meat in the Pavilions, but now, what can you do? I still want meat, and so I buy these pies that have meat in them, for $1.49.”

According to the AARP, food insecurity among older adults is on the rise, and “one out of 10 seniors is at risk of going hungry.” The consumer price index, compiled monthly by the U.S. Bureau of Labor Statistics, indicates a bit of inflation relief at the supermarket, but still, prices are up about 25% over the last four years. In January of this year, prices for sugar, oil, fruits and vegetables ticked up slightly, bakery products declined slightly, and meat, fish, poultry and egg prices were flat.

Even amid signs that inflation is on the decline, it’s a central topic in the presidential campaign, and people on fixed incomes are particularly hard hit by rising utility, housing and food costs.

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Of course, when it comes to grocery prices, a president can’t just wave a wand at the checkout stand. Inflation is tied to rising labor costs, continued post-pandemic supply chain interruptions, avian flu and the impact of extreme weather — heat waves, wildfires and flooding — on global food production.

So prices rise and fall, mostly the former, and none of the changes escape the notice of older adults I spoke to over the last few days. At the Vons in Eagle Rock, Sylvia Millis and Vernon Bowman grabbed a hunk of tri-tip, a cheaper cut of meat, and considered some fresh fruit, eyeballing price tags.

“I do watch prices, because we have other things to pay for,” said Millis, a retired teacher. “We had a whole new gas line put in last month, and the month before that, it was a whole new water line. You’re not quite sure what’s coming down the line.”

Kris Gaine had a pack of ground beef in her cart, with a 30%-off sticker.

Shardreata Moore visits a senior center during the week where she can get a free meal. “It’s tough over the weekend,” Moore says.

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(Genaro Molina / Los Angeles Times)

“I shop the specials and use a club card,” said Gaine, who is no rookie when it comes to collecting coupons. “Oh, I used to be the queen. Remember when they had double coupons?”

Gaine said that when she retired several years ago from 40-plus years in ticketing and subscriptions at downtown L.A. arts venues, she was financially set.

“Not now,” she said. “Inflation has overtaken my pension and Social Security. I stand here and shake my head on most of my visits to the grocery store.”

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For thousands of low- and moderate-income older adults, the food offerings at the centers run by Valley InterCommunity Council (VIC) are a lifeline. In partnership with the L.A. Department of Aging, free hot, healthy lunches are served Monday through Friday at the Sherman Oaks East Valley location and the Alicia Broadous-Duncan Multipurpose Senior Center in Pacoima.

VIC also distributes care packages from the Los Angeles Food Bank, delivers to homebound seniors and connects clients to the state’s CalFresh program, which offers monthly stipends for nutritious food at supermarkets.

Beverly Ventriss, VIC’s president and chief executive, said female “solo agers” are particularly hard hit by inflation. They often outlive their husbands, who take their pensions to the grave. And traditionally, women earned lower salaries than men, so their retirement benefits often don’t measure up.

“Basically, I don’t shop. It’s cheaper for me to eat out,” Mary Green said at the Pacoima center, explaining that she gets meals priced as low as $5 with coupons from Burger King, Carl’s Jr. and Panda Express. “I live alone, and it’s cheaper for me to not use the utilities, and I don’t have to mess up the kitchen.”

She knows it’s not the healthiest way to eat, but she gets balanced meals at the senior center. And a tight budget is a tight budget.

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“My gas bill is killing me,” said Sara Guerrero, a regular visitor at the Pacoima center. “I had to give up cooking my delicious pork chops. They’re too expensive now.”

Gail Martin, who was working the front desk at the senior center, told me two food items keep her alive.

“I eat a lot of cereal, I’m not going to lie,” she said, explaining that store-brand cereal — “not the real Cheerios” — has replaced meat for her at lunch and dinner. “And I eat cups of soup, cups of noodles. I eat those a lot.”

At the Sherman Oaks center, Moore said she’s been hammered by a rent increase from $1,190 to $1,400 a month. With free lunches served only on weekdays, she doesn’t eat three meals on weekends. Picanza said she’s handling the mortgage on her condo, but she’s getting pinched by rising homeowners association fees.

When Moore and Picanza had finished their lunch, they piled into my car and we drove to a nearby Ralphs to see what was on sale. Just inside the front door, they went straight to a section of big bins heaped with sale items. Ken’s Steak House salad dressing was reduced from $3.49 to $2.49. Classico pasta sauce was knocked down a dollar, to $1.99 per jar. And Progresso soup, regularly $2.79, was $1.79.

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Shardreata Moore, left, and Ann Picanza leave the market with some of their bargains.

(Genaro Molina / Los Angeles Times)

“You have to check the dates,” Moore said, examining a can. She also found some discounted salmon and ground beef, and reminded us that the older it gets, the lower the price.

Smart shoppers also are checking for what’s known as shrinkflation, the sneaky trend called out by President Biden in his State of the Union Speech, to keep prices level but skimp on what’s in the bag.

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In the produce section of the store, Picanza was disappointed that a big bag of refrigerated broccoli she has bought for $5.99 had gone up to $6.50.

In another aisle, she picked up a loaf of whole-grain sliced bread, checked the price and frowned.

“This isn’t on sale, it’s $3.29,” she said. “But it’s the bread I like.”

Picanza said she might ask the manager to mark it down.

“She would do it too,” Moore said.

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Picanza scanned the store, looking for help. Fighting inflation is not for the meek of heart. The equity gap only gets wider, and you have to pretend you don’t know you’re living in the strongest economy in the world and continue to forge ahead.

steve.lopez@latimes.com

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U.S. Space Force awards $1.6 billion in contracts to South Bay satellite builders

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U.S. Space Force awards .6 billion in contracts to South Bay satellite builders

The U.S. Space Force announced Friday it has awarded satellite contracts with a combined value of about $1.6 billion to Rocket Lab in Long Beach and to the Redondo Beach Space Park campus of Northrop Grumman.

The contracts by the Space Development Agency will fund the construction by each company of 18 satellites for a network in development that will provide warning of advanced threats such as hypersonic missiles.

Northrop Grumman has been awarded contracts for prior phases of the Proliferated Warfighter Space Architecture, a planned network of missile defense and communications satellites in low Earth orbit.

The contract announced Friday is valued at $764 million, and the company is now set to deliver a total of 150 satellites for the network.

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The $805-million contract awarded to Rocket Lab is its largest to date. It had previously been awarded a $515 million contract to deliver 18 communications satellites for the network.

Founded in 2006 in New Zealand, the company builds satellites and provides small-satellite launch services for commercial and government customers with its Electron rocket. It moved to Long Beach in 2020 from Huntington Beach and is developing a larger rocket.

“This is more than just a contract. It’s a resounding affirmation of our evolution from simply a trusted launch provider to a leading vertically integrated space prime contractor,” said Rocket Labs founder and chief executive Peter Beck in online remarks.

The company said it could eventually earn up to $1 billion due to the contract by supplying components to other builders of the satellite network.

Also awarded contracts announced Friday were a Lockheed Martin group in Sunnyvalle, Calif., and L3Harris Technologies of Fort Wayne, Ind. Those contracts for 36 satellites were valued at nearly $2 billion.

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Gurpartap “GP” Sandhoo, acting director of the Space Development Agency, said the contracts awarded “will achieve near-continuous global coverage for missile warning and tracking” in addition to other capabilities.

Northrop Grumman said the missiles are being built to respond to the rise of hypersonic missiles, which maneuver in flight and require infrared tracking and speedy data transmission to protect U.S. troops.

Beck said that the contracts reflects Rocket Labs growth into an “industry disruptor” and growing space prime contractor.

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California-based company recalls thousands of cases of salad dressing over ‘foreign objects’

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California-based company recalls thousands of cases of salad dressing over ‘foreign objects’

A California food manufacturer is recalling thousands of cases of salad dressing distributed to major retailers over potential contamination from “foreign objects.”

The company, Irvine-based Ventura Foods, recalled 3,556 cases of the dressing that could be contaminated by “black plastic planting material” in the granulated onion used, according to an alert issued by the U.S. Food and Drug Administration.

Ventura Foods voluntarily initiated the recall of the product, which was sold at Costco, Publix and several other retailers across 27 states, according to the FDA.

None of the 42 locations where the product was sold were in California.

Ventura Foods said it issued the recall after one of its ingredient suppliers recalled a batch of onion granules that the company had used n some of its dressings.

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“Upon receiving notice of the supplier’s recall, we acted with urgency to remove all potentially impacted product from the marketplace. This includes urging our customers, their distributors and retailers to review their inventory, segregate and stop the further sale and distribution of any products subject to the recall,” said company spokesperson Eniko Bolivar-Murphy in an emailed statement. “The safety of our products is and will always be our top priority.”

The FDA issued its initial recall alert in early November. Costco also alerted customers at that time, noting that customers could return the products to stores for a full refund. The affected products had sell-by dates between Oct. 17 and Nov. 9.

The company recalled the following types of salad dressing:

  • Creamy Poblano Avocado Ranch Dressing and Dip
  • Ventura Caesar Dressing
  • Pepper Mill Regal Caesar Dressing
  • Pepper Mill Creamy Caesar Dressing
  • Caesar Dressing served at Costco Service Deli
  • Caesar Dressing served at Costco Food Court
  • Hidden Valley, Buttermilk Ranch
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They graduated from Stanford. Due to AI, they can’t find a job

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They graduated from Stanford. Due to AI, they can’t find a job

A Stanford software engineering degree used to be a golden ticket. Artificial intelligence has devalued it to bronze, recent graduates say.

The elite students are shocked by the lack of job offers as they finish studies at what is often ranked as the top university in America.

When they were freshmen, ChatGPT hadn’t yet been released upon the world. Today, AI can code better than most humans.

Top tech companies just don’t need as many fresh graduates.

“Stanford computer science graduates are struggling to find entry-level jobs” with the most prominent tech brands, said Jan Liphardt, associate professor of bioengineering at Stanford University. “I think that’s crazy.”

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While the rapidly advancing coding capabilities of generative AI have made experienced engineers more productive, they have also hobbled the job prospects of early-career software engineers.

Stanford students describe a suddenly skewed job market, where just a small slice of graduates — those considered “cracked engineers” who already have thick resumes building products and doing research — are getting the few good jobs, leaving everyone else to fight for scraps.

“There’s definitely a very dreary mood on campus,” said a recent computer science graduate who asked not to be named so they could speak freely. “People [who are] job hunting are very stressed out, and it’s very hard for them to actually secure jobs.”

The shake-up is being felt across California colleges, including UC Berkeley, USC and others. The job search has been even tougher for those with less prestigious degrees.

Eylul Akgul graduated last year with a degree in computer science from Loyola Marymount University. She wasn’t getting offers, so she went home to Turkey and got some experience at a startup. In May, she returned to the U.S., and still, she was “ghosted” by hundreds of employers.

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“The industry for programmers is getting very oversaturated,” Akgul said.

The engineers’ most significant competitor is getting stronger by the day. When ChatGPT launched in 2022, it could only code for 30 seconds at a time. Today’s AI agents can code for hours, and do basic programming faster with fewer mistakes.

Data suggests that even though AI startups like OpenAI and Anthropic are hiring many people, it is not offsetting the decline in hiring elsewhere. Employment for specific groups, such as early-career software developers between the ages of 22 and 25 has declined by nearly 20% from its peak in late 2022, according to a Stanford study.

It wasn’t just software engineers, but also customer service and accounting jobs that were highly exposed to competition from AI. The Stanford study estimated that entry-level hiring for AI-exposed jobs declined 13% relative to less-exposed jobs such as nursing.

In the Los Angeles region, another study estimated that close to 200,000 jobs are exposed. Around 40% of tasks done by call center workers, editors and personal finance experts could be automated and done by AI, according to an AI Exposure Index curated by resume builder MyPerfectResume.

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Many tech startups and titans have not been shy about broadcasting that they are cutting back on hiring plans as AI allows them to do more programming with fewer people.

Anthropic Chief Executive Dario Amodei said that 70% to 90% of the code for some products at his company is written by his company’s AI, called Claude. In May, he predicted that AI’s capabilities will increase until close to 50% of all entry-level white-collar jobs might be wiped out in five years.

A common sentiment from hiring managers is that where they previously needed ten engineers, they now only need “two skilled engineers and one of these LLM-based agents,” which can be just as productive, said Nenad Medvidović, a computer science professor at the University of Southern California.

“We don’t need the junior developers anymore,” said Amr Awadallah, CEO of Vectara, a Palo Alto-based AI startup. “The AI now can code better than the average junior developer that comes out of the best schools out there.”

To be sure, AI is still a long way from causing the extinction of software engineers. As AI handles structured, repetitive tasks, human engineers’ jobs are shifting toward oversight.

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Today’s AIs are powerful but “jagged,” meaning they can excel at certain math problems yet still fail basic logic tests and aren’t consistent. One study found that AI tools made experienced developers 19% slower at work, as they spent more time reviewing code and fixing errors.

Students should focus on learning how to manage and check the work of AI as well as getting experience working with it, said John David N. Dionisio, a computer science professor at LMU.

Stanford students say they are arriving at the job market and finding a split in the road; capable AI engineers can find jobs, but basic, old-school computer science jobs are disappearing.

As they hit this surprise speed bump, some students are lowering their standards and joining companies they wouldn’t have considered before. Some are creating their own startups. A large group of frustrated grads are deciding to continue their studies to beef up their resumes and add more skills needed to compete with AI.

“If you look at the enrollment numbers in the past two years, they’ve skyrocketed for people wanting to do a fifth-year master’s,” the Stanford graduate said. “It’s a whole other year, a whole other cycle to do recruiting. I would say, half of my friends are still on campus doing their fifth-year master’s.”

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After four months of searching, LMU graduate Akgul finally landed a technical lead job at a software consultancy in Los Angeles. At her new job, she uses AI coding tools, but she feels like she has to do the work of three developers.

Universities and students will have to rethink their curricula and majors to ensure that their four years of study prepare them for a world with AI.

“That’s been a dramatic reversal from three years ago, when all of my undergraduate mentees found great jobs at the companies around us,” Stanford’s Liphardt said. “That has changed.”

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