Inflation’
-
Business
Inflation Pressures Force PepsiCo to Revise Fiscal 2024 Sales Expectations
PepsiCo revised its sales growth forecast downward on Tuesday, citing a shift in consumer spending habits in North America as shoppers increasingly gravitate toward cheaper private-label brands over its savory snacks and sodas. The packaged food giant now anticipates a low single-digit increase in organic sales for fiscal 2024, a notable decrease from its previous estimate of a 4% rise.…
Read More » -
USA
US: Kamala Harris Promises Federal Ban on Grocery Price Hikes in Major Policy Speech
In her first major policy address as the Democratic presidential nominee, Kamala Harris vowed to lower costs and enhance economic security for Americans. Following President Joe Biden’s exit from the race, Harris outlined a comprehensive economic plan aimed at boosting the middle class and addressing food price inflation. Her proposals include a federal ban on grocery price hikes, $25,000 support…
Read More » -
Money
Earn More on Idle Cash: Invest in Liquid and Overnight Funds
Most of us keep money sitting idle in our savings bank accounts, enjoying the convenience of easy access for paying utility bills, credit card bills, and other expenses via debit card or cheque. However, this practice comes with a hidden cost. Savings accounts typically offer interest rates of 3.50-4%, which often fail to keep up with inflation. Consequently, while these…
Read More »
