A shopper at a Washington, DC, Whole Foods The Washington Post / Getty Images Whole Foods is raising prices on some emerging brands, according to food-industry insiders. Whole Foods’ recent price increases are larger than many expected, even with inflation. Whole Foods has spent years cutting prices on grocery staples to counter its “whole paycheck”…
Monthly Archives: October 2022
Wages are struggling to keep up with inflation in the city. Alexander Spatari/Getty Images High rents and an inflated cost of living are pushing some young professionals out of New York City. In August, average rent prices were up by 13% compared to 2021, according to data from StreetEasy. Wages are also struggling to keep…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Entrepreneur Shaan Patel. Courtesy of Shaan Patel Shaan Patel is the CEO…
Mohamed El-Erian. REUTERS/Phil McCarten Mohamed El-Erian warned the US still faces an “inflation issue” ahead of key data this week. He said while headline inflation will likely drop, core inflation is still ticking higher. El-Erian added markets are anxious the Fed will make another mistake in its inflation battle. Top economist Mohamed El-Erian warned core…
US Mobile P2P Payments Forecast Read the original article on Business Insider Read More
The Federal Reserve is aggressively hiking interest rates in a bid to tame soaring inflation. Carolyn Kaster/AP The global economic slowdown will help tame US inflation, according to Goldman Sachs. Central banks racing to hike rates to keep pace with the Fed could raise the odds of a severe recession, analysts said. The dollar’s surge…
Rivian manufacturing in Normal, Illinois Rivian Rivian dropped as much as 11% Monday after EV maker said it was voluntarily recalling 13,000 vehicles. The company’s CEO said that fastener “may not have been sufficiently torqued” during production. The recall affects nearly all of the vehicles Rivian has delivered year to date. Rivian shares sharply dropped…
Traders work on the floor of the New York Stock Exchange (NYSE) Spencer Platt/Getty Images US stocks were mixed Monday after Wall Street’s major indexes gained ground last week. This week will feature more earnings reports and the September inflation report. The bond market is closed for the Columbus Day holiday. US stocks edged higher…
Last week LG announced that it would allow third-party TV manufacturers to use its webOS platform and now its main rival is following suit. Samsung has revealed that it will license its Tizen OS TV platform for use in non-Samsung TV models for the first time, partnering with Akai, RCA and a bunch of other…
For a few years now, gaming laptops have been some of the most intriguing PCs around. They’ve gotten thinner and lighter, naturally — but they’ve also become vastly more powerful and efficient, making them suitable for both work and play. They’ve adopted some bold innovations, like rotating hinges and near desktop-like customizability. Gaming laptops are…