Fed’s preferred inflation gauge rose to 4.4% in April
A key index of US prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in ...
Tag: prices
Fed’s preferred inflation gauge stayed high in March
A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the ...
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 ...
Tesla cuts US Model S and Model X prices between 4% and 9%
Tesla has cut prices on its two most expensive electric vehicles in the US, according to the company’s website, days after ...
Egg prices will fall nearly 30% this year, USDA says
Having lingered near record highs for months, egg prices will fall dramatically this year provided the United States does not ...
AMC to charge more for good seats in movie theaters
Middle seats at many US movie theaters just got more expensive. AMC Theaters, the nation’s largest movie theater chain, on ...
Ford follows Tesla with price cut on Mustang Mach-E SUV
Ford is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after market leader Tesla ...
Inflation measure watched by the Fed eases to 5.5%
A measure of inflation closely watched by the Federal Reserve slowed last month, another sign that a long surge in ...
Ikea plans to cut prices despite high inflation
Ingka Group, the owner of most IKEA furniture stores, is planning additional price cuts as some input costs ease, its retail manager told Reuters ...
US companies dictate minimum prices on goods to retailers, shoppers left with fewer discounts
Shoppers will find fewer discounts on everything from toys to tortillas as companies increasingly set minimum prices on their goods to maintain ...
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