Who can fix the price tags? U.S. businesses hit by labor shortages, inflation
By Ann Saphir – In the U.S. Midwest one retailer planned to raise prices but did not have enough floor staff to physically change the tags. In the South, a…
By Ann Saphir – In the U.S. Midwest one retailer planned to raise prices but did not have enough floor staff to physically change the tags. In the South, a…
WASHINGTON – U.S. President Joe Biden will say on Tuesday that the West was ready for Russian President Vladimir Putin’s invasion of Ukraine and his administration is prepared with a…
Fentanyl Street Price Plummets While Country Faces High Prices Under The Biden Administration Jennie Taer and Harry Wilmerding on February 28, 2022 As Americans face some of the highest costs…
By Wayne Cole SYDNEY – Australian home prices extended their long ascent in February, though Sydney saw the first dip in 17 months as a rush of supply, rising mortgage…
– Executives of miner Vale SA said on Friday that Russia’s invasion of Ukraine has led to speculation in the price of nickel, and they expect the conflict to also…
By James Davey and Aby Jose Koilparambil – British department store retailer John Lewis will this summer abandon the “Never Knowingly Undersold” price pledge it has maintained since 1925, it…
MEXICO CITY – Mexican core price inflation in the first half of February climbed to levels not seen in over 20 years, according to official data published on Thursday, underscoring…
LONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron wave of coronavirus cases eased,…
By Md Manzer Hussain BENGALURU – Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful supply is likely to ensure…
MOSCOW – Russia’s Energy Minister considers the oil price of between $55-70 a barrel as ‘optimal’ for the market, according to an interview published on Tuesday. Oil hit its highest…
LONDON – More British manufacturers plan to raise prices in the next three months than at any point since 1976, according to a survey on Tuesday that highlighted the inflationary…
By Deborah Mary Sophia and Mehr Bedi -Kraft Heinz Co said on Wednesday it would raise the prices of its snacks and condiments further to counter soaring costs of raw…
PARIS – Michelin expects this year’s profits to exceed pre-pandemic levels, the French tyre maker said on Monday, as it posted better-than-expected 2021 results helped by volume and price increases…
By Steve Holland CULPEPER, Va. – U.S. President Joe Biden on Thursday said he expected inflation to start to ease this year as supply chain logjams clear up, while saying…
By Bartosz Dabrowski -Linde, the world’s largest industrial gas company, is targeting 10%-13% growth in adjusted earnings per share (EPS) in 2022, after reporting better-than-expected fourth-quarter earnings on Thursday. The…
By Padraic Halpin DUBLIN -Smurfit Kappa expects to increase prices further this year to recover high costs after bumper demand and a 19% jump in prices charged for packaging products…
By Siddharth Cavale and Uday Sampath Kumar – From Hershey to Clorox and Kleenex maker Kimberly-Clark, major consumer-products companies have announced plans to boost U.S. prices further or more broadly…
(Refiling to remove a redundant full stop in paragraph 11) By Kantaro Komiya TOKYO – Student budgets in Japan may come under pressure after Cup Noodle, a cheap meal long…
By Huw Jones LONDON – The price of bond market data has risen by half over the past five years, which could prompt some users to quit the market and…
By Howard Schneider and Jonnelle Marte – Data watched closely by the Federal Reserve showed inflation expectations remained broadly anchored through the end of last year, while an alternate measure…
By Bozorgmehr Sharafedin LONDON – The risk of geopolitical disruption to oil supply at a time of already tight inventories due to the strong post-pandemic recovery has sent the premium…
By Kavya Guduru – Oil prices will build on a strong start to the year with geopolitical risks to supply complementing a strong demand rebound as fears over the impact…
TOKYO – An index measuring the prices Japanese firms charge each other for services hit a more than two-decade high in December, a sign inflationary pressure was building on rising…
By Md Manzer Hussain BENGALURU – The economies in the six-member Gulf Cooperation Council will grow at their fastest paces in several years, according to a Reuters poll of economists…
NEWARK – With demand for COVID-19 testing skyrocketing due to the Omicron variant, Acting Attorney General Andrew J. Bruck today announced that the Division of Consumer Affairs has sent more than…