Some of the biggest packaged food companies raised their prices last quarter and their profits rose, but some customers were starting to cut back or trade down.
Category: Budgets and Budgeting
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N.B.A. Blames Economy for Hiring Freeze and Budget Cuts
In a memo, the league said it was “facing a very different economic reality than just one year ago.”
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California Economy Is on Edge After Tech Layoffs and Studio Cutbacks
As recession fears persist, the troubles in major industries have hurt tax revenues, turning the state’s $100 billion surplus into a deficit.
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What to Do With Your Tax Refund, According to Experts
The average refund is down from last year, but still almost $3,000. One option experts recommend is stashing part of it for unexpected expenses.
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Ukraine Needs Shells, and Arms Makers Want Money. Enter the E.U.
Ukraine is firing artillery shells faster than manufacturers can make them. Brussels is working on a plan to increase production by guaranteeing big advance purchases.
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Consumers Try to Change Their Spending Habits After the Pandemic
The pandemic gave consumers an excuse to spend more to make up for lost time. Those who went overboard are trying to reverse course.
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Food Prices Weigh on Seniors’ Savings, Health and Even Social Ties
As costs rise, many older Americans have changed the way they shop and eat out. For some, it could affect their health or leave them feeling isolated.
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F.A.A. Outage Highlights Fragility of the Aviation System
The Federal Aviation Administration halted flights Wednesday morning after a system to alert pilots to safety issues went down, just two weeks after a major Southwest Airlines meltdown.
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The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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At German Christmas Markets, Smiles Shine Bright but Budgets Are Tight
In Nuremberg, the stalls are open without Covid restrictions, and big crowds are returning to sip mulled wine and socialize. But amid economic uncertainty, visitors are spending less.
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Airbnb Will Make Cleaning Fees More Transparent for Travelers
Cleaning fees and checkout requirements, often hidden until checkout, have been a source of frustration for users. The company said it was changing its policy to include them earlier in a search.