inflation
'Can't go back,' Kamala? Here's why most Americans DO want to go back
“We're not going back,” Kamala Harris tells her crowds, which chant, “We can’t go back” — yet most of us do want to go back.
McDonald's introduces new meal deal with nostalgic, collectible cups
The Collector's Meal comes with one of six collectible cups and will launch on Aug. 13.
Here's how much more you can expect to spend on back-to-school shopping amid sticky inflation
Some parents said they plan to postpone pills and lessen grocery spending to afford back-to-school supplies, according to a new survey.
KFC, Pizza Hut sales slump as sticky inflation hampers parent Yum's bottom line
While KFC and Pizza Hut disappointed, Taco Bell reported same-store sales growth in the US.
Biden now blames computer programs for high consumer prices
The White House has pointed fingers at Trump, Vladimir Putin, grocery stores, service stations, greedy corporations . . . and now the latest villain is computer algorithms.
Calls grow for emergency interest rate cut by Fed as recession fears surge: 'They've got to respond'
The US markets were reacting to the bloodbath in Japan, where the Nikkei fell by more than 12% -- its worst day since 'Black Monday' of 1987.
Fed rate decision sparks debate after lackluster jobs report
After the data traders piled into bets the Fed will deliver a half-point interest-rate cut at its Sept. 17-18 meeting, and keep cutting after that,
Bittersweet: Hershey cuts yearly guidance, profit after steep 17% drop in sales
The candy and snack company blamed a pullback in consumer spending amid sticky inflation for its struggling sales.
Families are slashing grocery spending to afford air conditioning amid sweltering summer heat
Americans getting burned by their summer air conditioning bills are forced to cut costs elsewhere to afford it.
NYers are paying more than ever for a basic burger and fries — and it could get even worse
No wonder we can't make ends meat.
Olive Garden customer reveals hack to get 2 pastas and sides for $6.99 amid inflation
She saved a lot of dough in this garden. An Olive Garden customer became the envy of wallet-weary diners everywhere after scoring two pastas for just $6.99 amid inflation. She...
John Deere under fire for laying off hundreds of American workers as it shifts manufacturing to Mexico
The Illinois-based company, the world's largest seller of farm equipment, informed hundreds of employees in Iowa last week they were out of a job.
Heineken blames gloomy beer sales on rainy weather during Euro soccer championship
The Dutch brewery also said low consumer confidence and market volatility contributed to the disappointing earnings.
McDonald's reports first drop in sales since 2020 as customers pull back spending
McDonald's CEO Chris Kempczinski told investors on the earnings call on Monday that consumers were "more discriminating with their spend."
Dow soars over 600 points on tech rebound, optimism about Fed rate cuts
The Fed's preferred inflation metric underscored an improving inflation environment.
Fed's preferred inflation gauge eases in June — fueling optimism for rate cut in September
The central bank’s favored inflation gauge rose at a 2.6% annual rate last quarter, down from 3.4% in the first quarter of the year.
Domino's CEO rips fast-food rivals' value meals: 'Not valuable'
Russell Weiner, CEO of the Michigan-based pizza chain, said value meals such as those offered by McDonald's weren't all they were cracked up to be.
Coffee prices poised to surge again as supply chain disruptions create bean shortages
The price of arabica beans, the high-end crop preferred by Starbucks, rose to $2.32 per pound last month -- a 64% increase compared to June 2020.
Tampon, pad prices nearly double over last 5 years due to inflation
Tampon and pad prices have jumped the past few years as customers are left few affordable choices.