Prices rose across broad swaths of the economy in September, as high energy costs triggered by the Iran war pushed up costs in many major consumer categories.
Category Archives: business
Chick-fil-A CEO Talks Portion Sizes, Prices, Staying Family-Owned
In his first-ever broadcast interview, Chick-fil-A CEO Andrew Cathy sits down with TODAY’s Craig Melvin for a wide-ranging interview in which he discusses portion sizes, prices, why he intertwines faith and business, the importance of the chain remaining family-owned, global expansion, political controversies and more. “I think that everybody that would be willing to walk in the door, they’ll see that they’re welcome to come eat with us,” he says about the company’s position on equal
Chick-fil-A bet on chicken 60 years ago. Now it’s America’s third largest restaurant chain.
The family-owned company reported nearly $24 billion in sales last year and recently expanded to Singapore and the United Kingdom.
What’s fueling inflation? Fuel.
The final CPI report before the midterms is expected to reflect soaring energy costs compounded by higher airfares, pricier iPhones and rising car prices.
Bank of America ordered to pay historic $1.2 billion over alleged sanctions law violations
The fine is the third-highest penalty ever issued by the Treasury Department, which found that the bank failed to report billions in suspicious transactions.
Diesel futures jump, signaling higher prices to come despite Trump’s Russia deal
Diesel futures traded sharply higher Tuesday, as doubts mounted that the Trump administration’s recent maneuvers to lower prices would make much of an impact.
Energy prices rise after Trump’s ‘energy ceasefire’ fails to move Russia or Ukraine
Oil and gas prices rose Monday after an “energy ceasefire” announced by President Donald Trump on Sunday failed to gain traction.
Starbucks is ‘not buying Chipotle’ after report it had explored a deal
Starbucks said that it would not be moving to buy Chipotle Mexican Grill, after a report days earlier said the coffeehouse chain had evaluated the prospect.
To counteract a spooky economy, America prepares to spend on Halloween candy
This Halloween, rising prices for groceries and gas are pushing many consumers to cut back. But they’re not giving up Halloween candy.
Trump eases Russia sanctions, says Putin will release diesel as prices spike
President Donald Trump said Russian President Vladimir Putin would “immediately” release hundreds of thousands of tons of diesel fuel onto the global market.