Consumer confidence plummets in September by most in 3 years
US consumer confidence plunged in September by the most in three years as Americans continue to grapple with high prices ...
Tag: inflation
Olive Garden’s owner stock surges on Uber delivery deal, sales rebound
Olive Garden’s parent company Darden Restaurants saw its stock surge 8.5% on Thursday after it said sales have lately recovered ...
Health care ‘shrinkflation’ hitting Americans with higher costs, longer wait times
An Axios report on Tuesday found Americans are struggling with health care “shrinkflation,” experiencing longer wait times and shorter doctor visits despite ...
Lego bucks toy industry woes, turning in 13% sales increase
Lego is breaking sales records as the overall toy industry struggles to break even. The Danish toy brickmaker, which enjoys ...
Subway franchisees revolt over $6.99 footlong deal
Subway’s $6.99 footlong sandwich deal has sparked a revolt from the chain’s biggest franchise group — which has raised concerns ...
Federal Reserve Chair Jerome Powell says ‘the time has come’ to cut interest rates
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest ...
Value of gold bar hits $1 million for first time ever
For the first time ever, a single gold bar is worth $1 million, thanks to a surge in prices. Gold ...
Harris’ price control ‘Kamanomics’ plan risks scaring away Wall Street donors on the fence
Now that Kamala Harris is leading in presidential polling, one of the big questions on Wall Street and corporate America ...
McDonald’s introduces new meal deal with nostalgic, collectible cups
McDonald’s is launching its happiest meal yet. The fast food giant announced Wednesday that it is introducing six collectible cups ...
Here’s how much more you can expect to spend on back-to-school shopping amid sticky inflation
The tab for this fall’s back-to-school shopping list is expected to jump by 6% amid stubborn inflation — forcing some ...
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