Netflix's stock fell as much as 19% in after hours trading due to a bad outlook for its future growth.
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Peloton shares sank 20% Thursday after it was reported to have temporarily halted production of its bike and treadmill products because of wan…
Retail sales took an unexpected dip in December in what could be a signal that persistently rising inflation is prompting a pullback in consumer spending.
At a Wednesday news conference marking his first year in office, President Joe Biden called on the Federal Reserve to do more to fight inflati…
NEW YORK — In just two weeks, the cost of pecans for the pies at Peggy Jean's Pies in Columbia, Missouri, has surged nearly 40%, perplexing co-owner Rebecca Miller and adding to the cost of doing business. Miller will soon have to bump up the price of her Southern Pecan, Chocolate Bourbon Pecan, and German Chocolate pies by $2 to $24.
Here’s how to estimate how much you’re being hit by higher inflation and how to mitigate the financial impact.
Farmers expect input costs to decline in the near future. “They’re going to be at elevated levels through planting,” one says. “Then we’ll see.”
Welcome to 2022, and another year of the housing market favoring sellers over buyers.
Officials across the U.S. are again weighing how and whether to impose mask mandates as COVID-19 infections soar and the American public grows ever wearier of pandemic-related restrictions.
Sixteen U.S. universities are being sued by five former students over alleged antitrust violations involving how financial aid was determined.
LOUISVILLE, Colorado — Rex and Barba Hickman's home of 23 years near the foothills of the Rocky Mountains has been reduced to a blackened heap by the most destructive wildfire in Colorado history.
With vehicles in short supply at the dealership, more shoppers are ordering cars from the factory. In return for a wait of a few weeks — or months — you…
'Believe' singer Cher has vowed to never go grey as she opens up on her changing style over the years.
Gov.-elect Glenn Youngkin pledged in early December to take Virginia out of the Regional Greenhouse Gas Initiative (RGGI).
Affordable housing is vital to our community
If only we could foretell the future, we’d have bought Apple stock at the start of the pandemic.
The recent surge in Omicron cases may have put a halt to many of your holiday plans. But it also may give you extra time to consider your goal…
The price of a box of cereal was 5% higher in the fall of 2021 than in fall 2020. CNN reported that in a letter to a wholesale supplier, General Mills stated it will raise prices on a number of items, including “Cheerios, Cinnamon Toast Crunch, Lucky Charm’s, Wheaties, Reese’s Puffs, Trix and more.”
In November, CNN reported egg prices had increased 11.6% over the previous year.
The Wall Street Journal reported that Kraft Heinz Co. is set to tell “customers that it would raise prices across many of its products … with some items going up as much as 20%.” Shoppers should be prepared since the price of mayo is set to change very soon, Eat This, Not That wrote.
Chicken prices also increased during the pandemic, although not as much as steak.
CNBC reported that beef and veal prices have risen by 20.1% during the past year. It suggested the pandemic caused a major slowdown in beef production that extends to all types of meat, including seafood and pork.
Inflation awoke from a long slumber in 2021. The U.S. government's consumer price index skyrocketed 6.8% in the 12 months that ended in November — the sharpest such jump since 1982. The speed of the global economic recovery surprised businesses, which had laid off workers, let shelves and warehouses go bare, and cut factory output when the coronavirus pandemic first hit. They're still struggling to catch up with demand, creating supply bottlenecks and higher costs for raw materials and finished goods.