Inflation
Food prices are at their highest levels in over a year. And these items will get even more expensive
Athvisions | E+ | Getty Images Global food prices recently rose to an 18-month high, with some food baskets expected to continue climbing, according to market watchers. In October, world food commodity prices were at their highest since April 2023, according to the most recent data compiled by the United Nations’ Food and Agriculture Organization. […]
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Shoppers hunt for deals, but Dollar General and Dollar Tree aren’t reaping the benefits
As shoppers look for value, dollar stores might seem to be logical destinations. But that penny-pinching mentality hasn’t been enough to lift sales for Dollar Tree and Dollar General. Shares of the deep discounters have plunged so far in 2024. The retailers have each cut their full-year forecasts because of weaker-than-expected sales. And both have […]
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South Korea’s inflation climbs in November, but misses expectations
Pedestrians walk past food stalls and shops in the Myeongdong shopping district of Seoul on March 26, 2024. Anthony Wallace | AFP | Getty Images South Korea’s inflation rate climbed in November to 1.5% year on year, from a 45-month low in October, as the country grapples with a weakening Korean won and slowing exports. […]
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CNBC Daily Open: U.S. inflation edged up but investors have things to be thankful for
Whole turkeys for the upcoming Thanksgiving Holiday are shown for sale in a grocery store in Encinitas, California, U.S., November, 24, 2024. Mike Blake | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where […]
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CNBC Daily Open: U.S. inflation edged up but investors aren’t fazed
Stuffing mix for sale for the Thanksgiving holiday in a grocery store in Encinitas, California, on Nov. 24, 2024. Mike Blake | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
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Why the U.S. is growing less food
The United States’ fruit and vegetable production, as well as the number of farms in the country, has been declining for decades while it increasingly relies on other countries to fill in the gap, according to the United States Department of Agriculture. “We have nearly a billion acres of farmland, we have a population of […]
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McDonald’s preparing a 2025 ‘McValue’ offering
A McDonald’s is seen in the Flatbush neighborhood in Brooklyn, New York City, on Oct. 23, 2024. Michael M. Santiago | Getty Images McDonald’s is preparing 2025 value offerings in a bid to hang onto customers who are fed up with high costs at restaurants. The company is working on a new “McValue” approach for […]
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What Trump’s return to the White House could mean for global bond yields
Former US President Donald Trump arrives during a “Get Out The Vote” rally in Greensboro, North Carolina, US, on Saturday, March 2, 2024. Bloomberg | Bloomberg | Getty Images Donald Trump’s U.S. election victory has ratcheted up concerns about higher prices, prompting strategists to rethink the outlook for global bond yields and currencies. It is […]
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How to protect your portfolio against risks tied to President-elect Trump’s tariff agenda
Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the new administration’s policies could be “very inflationary,” so he thinks it is important to choose investments carefully. “Small-cap industrials make more sense than large-cap industrials,” the Astoria Portfolio Advisors CEO told CNBC’s “ETF Edge” this […]
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CNBC Daily Open: Powell’s comments gave investors a reality check
Jerome Powell, chairman of the US Federal Reserve, at Music Hall at Fair Park in Dallas, Texas, US, on Thursday, Nov. 14, 2024. Shelby Tauber| Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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