Tag: cnn business news

It may sound like a circular argument, but the only way to stop inflation is to stop companies from raising prices. And the only way to stop that is to get inflation under control. And that could mean an end

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Inflation is decelerating quickly. It peaked at 8.1 per cent last summer. It fell to 5.9 per cent in January, and the Bank of Canada predicts it will fall to three per cent by the end of this year.

But

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ORLANDO, FL. — SNAX-Sational Brands, a producer of flavored popcorn snacks, is partnering with Post Consumer Brands to launch Cereal Pop popcorn made with Fruity Pebbles. SNAX-Sational currently has two other lines of popcorn, Cookie Pop and Candy Pop, that

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Rupert Murdoch has withdrawn his proposal to re-combine Fox Corp and News Corp.

Fox said Tuesday its board received a letter from Murdoch, its chairman, and his son and Fox CEO Lachlan Murdoch that “determined that a combination is

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HERSHEY, PA. — Kristen Riggs has been promoted to president of salty snacks at Hershey Co.

Ms. Riggs has been with Hershey for more than 17 years, most recently as senior vice president and chief growth officer from January 2020

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Grocery prices continue to be one of the largest contributors to high inflation in Canada.

The Consumer Price Index (CPI) report for June showed an inflation rate of 2.8 per cent year-over-year, following a 3.4 per cent increase in May

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YELLOWKNIFE –

The Northwest Territories government says it plans to increase the minimum wage by almost 5.6 per cent to reflect an increase in the consumer price index.

The territory says its minimum hourly wage will increase from $15.20 to

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More Canadians likely to declare bankruptcy, saving for retirement pushed to back burner

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The nation’s 23 largest banks passed the Federal Reserve’s so-called stress tests this year, a sign that the nation’s banking system remains resilient despite the recent banking crisis that led to the failure of Silicon Valley Bank, Signature Bank and

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WASHINGTON –

US federal regulators are looking to crack down on fake reviews and other deceptive internet practices.

The Federal Trade Commission proposed a new rule Friday that would ban paying for reviews, suppressing honest reviews, selling fake social media

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