Inflation hovers over shoppers heading into Black Friday

NEW YORK — Black Friday marks a return to familiar holiday shopping patterns, but inflation is weighing on consumers. Elevated prices for food, rent, gasoline and other household costs have taken a toll on shoppers. As a result, many are reluctant to spend unless there is a big sale and are being more selective with what they will buy — […]

Read more

Kroger, Albertsons merger: Good for Colorado consumers or cause for concern?

The proposed $25 billion merger between Kroger — the parent company of Colorado’s largest retail grocery chain, King Soopers — and Albertsons, which operates Safeway, is raising questions about whether the state’s shoppers will ultimately benefit. Government officials, academics and union representatives fear a future with climbing costs, more food deserts throughout the state and farmers receiving unfair prices. But […]

Read more

Four Colorado Starbucks join nationwide walkout on Red Cup Day

Starbucks workers at more than 100 U.S. stores, including four in Colorado, went on strike Thursday in their largest labor action since a campaign to unionize the company’s stores began late last year. The walkouts coincide with Starbucks’ annual Red Cup Day, when the company gives free reusable cups to customers who order a holiday drink. Workers say it’s often […]

Read more

Road to Retirement: Understanding the long run

With financial markets falling this year and investors getting nervous about when a recovery will arrive, you often hear investors say, “just stay the course because, in the long run, markets recover.” That has been true historically and there is good reason to believe it will remain true. Basically, given enough time, financial markets recover. But how much time is […]

Read more

Global Markets Fall on Worries About Inflation and Interest Rates

The S&P 500 fell 2 percent, putting the index on track for a second consecutive weekly decline, and the yield on the 10-year Treasury note, a benchmark for borrowing costs, rose slightly. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. This article is part of […]

Read more

The Fed’s Outlook Is an ‘Unrealistic Fantasy’ to Some Investors

In some corners of the market, investors just don’t see how the Federal Reserve can lower inflation without risking high unemployment. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. This article is part of our Daily Business Briefing By Joe Rennison At the Federal Reserve’s […]

Read more

China's consumer, producer inflation slows in August

BEIJING (Reuters) -China’s consumer prices rose at a slower-than-expected pace in August amid heatwaves and COVID-19 flare-ups, while producer inflation eased to the lowest since February 2021, official data showed.FILE PHOTO: People walk along Nanjing Pedestrian Road, a main shopping area, in Shanghai, China May 5, 2021. REUTERS/Aly Song/File PhotoThe consumer price index (CPI) increased 2.5% year-on-year from a 2.7% […]

Read more
1 2 3 561