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Inflation Is Cooling. Food Inflation Could Get Worse.
Business

Inflation Is Cooling. Food Inflation Could Get Worse.

Food prices have been rising rapidly for longer than central bankers had expected, and recent setbacks may prolong the agony. Source link

American Travelers Are Shunning U.S. for Europe
Business

American Travelers Are Shunning U.S. for Europe

Domestic ticket fares are falling as travelers favor longer trips abroad. Source link

Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev
Business

Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev

The brewing giant lost market share after the Dylan Mulvaney debacle, but it says consumers remain favorable toward Bud Light. Source link

Bud Light's Struggles Cast a Shadow Over Its Sunny Summer Ad Campaign
Business

Bud Light's Struggles Cast a Shadow Over Its Sunny Summer Ad Campaign

Bud Light has continued losing ground with consumers during a busy season for the beer industry even as the brand runs its biggest ever summer

BP Profit Declines More Steeply Than Peers'
Business

BP Profit Declines More Steeply Than Peers'

Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares. Source link

Jeep Looks to Veer Out of Sales Ditch
Business

Jeep Looks to Veer Out of Sales Ditch

The rugged American brand that spawned the modern SUV has posted lower sales for eight straight quarters. Source link

How the Bank of Japan's Shift Could Play Out in U.S. Markets
Business

How the Bank of Japan's Shift Could Play Out in U.S. Markets

The Bank of Japan has signaled it would tolerate higher yields on longer-term Japanese government bonds—which could affect investors worldwide.. Source link

Nestlé Raised Prices More Than 9% in First Half of the Year
Business

Nestlé Raised Prices More Than 9% in First Half of the Year

The world’s largest packaged food company said price hikes boosted sales and profitability, joining other consumer goods companies. Source link

Netflix Reworks Microsoft Pact and Lowers Ad Prices
Business

Netflix Reworks Microsoft Pact and Lowers Ad Prices

The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. Source link