Inflation Cooled in March, but Stubborn Price Increases Remain
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, slowed in March. But signs point to staying power.
Posted inChevron Corporation Company Reports Electric and Hybrid Vehicles Embargoes and Sanctions Exxon Mobil Corp Heating International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Russian Invasion of Ukraine (2022) Stocks and Bonds
Exxon and Chevron Report More Modest Profits as Oil Prices Ease
The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.
Posted inBudgets and Budgeting Chipotle Mexican Grill Inc Company Reports Consumer Behavior Food Generic Brands and Products Inflation (Economics) McDonald's Corporation Nestle SA Pepsico Inc Prices (Fares, Fees and Rates) Restaurants Unilever NV
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.
Posted inEnergy and Power European Union Natural Gas Pipelines Prices (Fares, Fees and Rates) Russia Russian Invasion of Ukraine (2022)
Russia’s Gas Exports Are Expected to Slide in 2023
Once Europe’s mainstay source of natural gas, Russia’s pipeline exports this year are now likely to be half of last year’s total, analysts and the Russian media say.