category

Inflation

Kroger managing inflation with select price increases

The select price hikes come as Kroger beat Wall Street estimates for the third quarter, reporting total sales of $31.9 billion in the third quarter, compared to $29.7 billion for the same period last year.

Fed's Powell pledges faster tapering timeline won't 'disrupt' markets

Federal Reserve Chairman Jerome Powell assured lawmakers on Wednesday that a move by the U.S. central bank to speed up its withdrawal of support for the U.S. economy should not disrupt the markets, one day after his comments precipitated a massive nosedive on Wall Street.