Inflation

RetailWalmart has been eating Target’s lunch and now the Minnesota giant is ditching its ‘Tar-jay’ rep for a ‘Hail Mary’ budget brand mostly priced under $10
By Sasha RogelbergFebruary 16, 2024

FinanceWholesale prices jumped in January, the latest sign inflation remains stubbornly sticky: ‘The Fed will be concerned’
By Christopher Rugaber, The Associated Press and Irina IvanovaFebruary 16, 2024

RetailThe U.K. just entered a recession—but a surprise boost from strong retail sales could be the glimmer of hope its economy needed
By Prarthana PrakashFebruary 16, 2024

LifestyleGen Z’s cost of living–induced sobriety drive is forcing U.K. nightclubs to shut, owner says
By Ryan HoggFebruary 15, 2024

SuccessBud Light isn’t the only beer brand struggling: Gen Z’s prohibition vibes are souring the future of beer as we know it
By Sasha RogelbergFebruary 14, 2024

NewslettersInflation is no match for AI, top analyst says: ‘We’re at the start of a 3- to 5-year tech bull market’
By Sheryl EstradaFebruary 14, 2024

FinanceWall Street’s winning streak shattered on ‘sticky’ inflation data as Dow falls over 500 points from record high
By Stan Choe and The Associated PressFebruary 13, 2024

RetailMcDonald’s CEO sees a McFlation ‘battleground’ with customers revolting over $8 chicken sandwiches and $3 hash browns
By Sasha RogelbergFebruary 13, 2024

FinanceAmericans are judging the economy ‘more harshly’ due to politics and an over 15% ‘perceived inflation’ peak, Goldman Sachs says
By Will DanielFebruary 13, 2024

FinanceCEO of a $19 billion U.K. bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy
By Paolo ConfinoFebruary 13, 2024

CommentaryCongress could be about to give grocery stores and gas stations new payment options—but big banks are warning the savings will not be passed on to consumers and could mean the end of credit card rewards
By Richard HuntFebruary 13, 2024

By Christopher Rugaber and The Associated PressFebruary 13, 2024
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