Procter & Gamble profits from 10% price hike amid inflation
US shoppers are paying steep prices for everyday products such as Tide detergent, Gillette razors and Oral-B toothpaste — a ...
Tag: Economy
March existing home sales fell 2.4% in tepid homebuying season start
Sales of previously occupied US homes fell in March and prices edged lower for the second month in a row, ...
Surge in private jet travel was just another pandemic fad
The explosion of private jet travel during the pandemic appears to have been little more than a pandemic fad — ...
Best Buy cutting hundreds of jobs in online push: report
Best Buy is cutting store jobs across the US as the electronics retailer looks to trim costs and shift its business ...
Several Fed officials considered rate pause, but agreed to hike: minutes
Several Federal Reserve officials at the central bank’s policy meeting last month considered pausing interest rate increases until it was clear ...
American Airlines’ weak profit forecast sends rivals’ stocks tumbling
Airline stocks tumbled Wednesday after American Airlines issued a lackluster outlook that appeared to amplify fears that travel demand, which ...
US employers added 236,000 jobs in March, unemployment at 3.5%
US hiring slowed in March – but the jobs market remains historically tight in a trend that could put pressure ...
US earnings set to be weakest since COVID-19 pandemic, Goldman strategists warn
Goldman Sachs strategists are predicting the most dismal earnings season since the height of the COVID-19 pandemic this quarter as ...
Walmart still worried about inflation as it begins automation push
Walmart on Wednesday said inflation would continue to pressure its business this year, and that it would slow its pace of ...
Private sector added 145K jobs in March, fewer than expected
US private employers hired far fewer workers than expected in March, adding to signs that the labor market was cooling. The ADP National Employment ...
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