Consumers are starting to pull back spending as President Trump’s trade policies ripple through the economy.
Category: Procter & Gamble Co
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Procter & Gamble to Cut 7,000 Jobs Amid Tariff Uncertainty
The reductions will come over two years as the consumer products giant seeks to reorganize.
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Companies Are Raising Prices as Tariffs Hit
President Trump’s trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts.
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Will Cars, Phones and Other Goods Be Too Big to Tariff?
Washington and Beijing increasingly look likely to de-escalate their trade war. But the economic damage and ongoing uncertainty may persist for a while.
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Double-Digit Price Increases Bolster Profits at Procter & Gamble
The consumer goods company raised prices 10 percent across its brands for a second straight quarter and said its profit margin had widened.
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Edward H. Meyer, Who Built an Advertising Empire, Dies at 96
Known for his iron resolve and his attention to detail, he transformed Grey Advertising from a midsize agency into a multinational powerhouse.
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Big Brands Keep Raising Prices, With Limited Shopper Resistance
Consumers continue to absorb significant price increases by PepsiCo, Unilever and others. The companies say that prices will remain high in the months to come.
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Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers
The consumer goods giant raised prices 10 percent last quarter, but a decline in sales volume led to drops in revenue and profit.
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Consumer Giants Keep Raising Prices as Profits Come Under Pressure
Nestlé and Procter & Gamble reported resilient earnings as they brought in more money from selling fewer goods.