As many shoppers trade down from pricier brand-name items for generic alternatives, grocers are increasingly pushing food suppliers to lower prices. Government data released on Tuesday showed grocery prices were 11.3% higher in January than…
Business
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Consumer prices increased at an annual rate of 6.4% in January — a slight slowdown from the 6.5% seen in December but above analysts’ prediction of 6.2%. Food prices increased 10.1% from last January, the ninth-consecutive…
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After suffering steeper job losses than men in the Covid-19 recession, many women have quickly regained their footing in an economy benefiting from historically low unemployment. Labor force participation among women between the prime working…
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If you’ve had a baby, or know someone who has, the odds are good that you’ve encountered Babylist, a baby registry website that served more than 9 million new parents and gift-givers last year. According…
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Florida lawmakers have approved a bill that makes changes to Disney’s Reedy Creek special governing district, including replacing its board of supervisors and giving it a new name. Gov. Ron DeSantis is expected to sign…
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Walmart Inc. is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label products to shoppers as less-expensive alternatives to suppliers’ name-brand goods. For the world’s biggest…
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Adidas said Thursday that it is at risk of losing as much as 1 billion Euros — equivalent to $1.07 billion — in operating profits if it fails to successfully offload its inventory of Kanye…
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Business
Netflix confirms it will start charging users to share an account with others outside their home
Attention Netflix password sharers: Your days of giving free access to your account to someone outside your home are numbered. The streaming platform announced Wednesday it would begin charging subscribers in a handful of countries…
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Business
Colgate-Palmolive recalls 4.9 million units of Fabuloso multipurpose cleaner citing risk of exposure to bacteria
Consumer household goods giant Colgate-Palmolive is recalling approximately 4.9 million units of Fabuloso multipurpose cleaner because the products may expose consumers to a harmful bacteria. According to a Wednesday notice on the Consumer Product Safety…
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Disney said Wednesday it is planning to reorganize into three segments. The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which includes most of its streaming and…