Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.
Category: Consumer Behavior
-
White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline
The New York Times – Business: -
Despite Iran War’s Effects, PepsiCo Says Consumers Still Spending on Snacks
The New York Times – Business:Executives at the food and drink giant announced a rise in sales of drinks and snacks but warned that “inflation will come.”
-
Amid Iran War, Companies Look to Extend a Record Profit Run by Raising Prices
The New York Times – Business:Higher inflation is leading companies to raise prices without sacrificing margins.
-
U.S. Inflation Surged in March as Iran War Pushed Up Prices
The New York Times – Business:Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.
-
Consumer Spending, Engine of the U.S. Economy, Is Under Strain
The New York Times – Business:Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.
-
How Airlines Turned First-Class Seats From Freebies to a Profit Engine
The New York Times – Business:Airlines used to give away most of their nicest seats, but they have increasingly found ways to persuade people to pay a lot for them.
-
Six Flags Was a Summer Destination. Can It Win Families Back?
The New York Times – Business:There has never been more competition in the leisure industry, as Disney and niche parks appeal to young families and high-income visitors.
-
Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million
The New York Times – Business:Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit.
-
He Was Supposed to Break Up Kraft and Heinz. He Changed His Mind.
The New York Times – Business:Steve Cahillane, a food industry veteran, is trying to revive the company behind Kool-Aid, Oscar Mayer and many other brands.
-
Resurgent Inflation Tests Faith in Fed’s Willingness to Tame It
The New York Times – Business:The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
-
The U.S. Economy Is Insulated From High Oil Prices. Americans Aren’t.
The New York Times – Business:The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.