Wages Continue to Grow, Good for Workers but a Worry for the Fed

Wages Continue to Grow, Good for Workers but a Worry for the Fed

Wages and salaries for workers rose 5.1 percent from a year earlier, which helps employees keep up with the rising cost of living but complicates the Federal Reserve’s efforts to tamp down inflation.
Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist

Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist

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.