The consumer goods company raised prices 10 percent across its brands for a second straight quarter and said its profit margin had widened.
Category: Consumer Behavior
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Automakers Face Test in Reaching U.S. Target for Electric Vehicles
New federal rules are expected to speed the transition to E.V.s, a shift that car companies have embraced but will be challenged to carry out.
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Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure
While fear of a “wage-price spiral” has eased, the Federal Reserve’s course presumes job losses and risks a recession. Some see less painful remedies.
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The Fed’s Preferred Inflation Gauge Cooled Notably in February
A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
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People Bought Crocs During the Pandemic. They Haven’t Stopped.
While other brands that thrived with customers in quarantine have dropped off, sales of the easily slipped-on clogs are up nearly 200 percent since 2019.
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Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.
Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
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Why the Federal Reserve Won’t Commit
Facing huge economic uncertainty, the Fed is keeping its options open. Jerome H. Powell, its chair, will most likely continue that approach on Tuesday.
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Restaurant Chains Make It Cost More to Be Loyal
Recent changes to rewards programs at places like Dunkin’ and Starbucks mean customers must pay more before perks kick in. The companies blame inflation.
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The Fed’s Preferred Inflation Gauge Sped Back Up
Inflation is down from its peak last summer, but recent readings have shown substantial and surprising staying power.
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Fed Minutes Showed Policymakers Were Still Intent on Easing Inflation
Federal Reserve officials thought they needed to do more to cool the economy even before a series of strong data releases in recent weeks.