When inflation raged decades ago, some marketers saw it as an opportunity. Now, the money-saving pitch is more subtle.
Attempting to curb the highest inflation in more than four decades, the Federal Reserve moved to raise its key rate to a range of 2.25% to 2.5%.
CEO Steven Swartz highlights the media giant’s important, if little-known, stakes in automotive information and B2B operations.
There are reasons to take a weak gross domestic product report with a big grain of salt.
Ingredients are up 30%, says Carrie Morey of Callie’s Hot Little Biscuit in South Carolina. But passing along costs poses other problems.
Patrick Smith, CEO of Loftus Ranches, is fighting inflation as well. Some fertilizer materials have nearly doubled in a year or two, he says.
As borrowing costs rise across the 19 nations that use the euro, worries about the currency bloc's stability grow.
Grocery stores play on our sense of nostalgia with older music, and strategically placed items may trigger impulse buys, experts say.
CEO Jamie Dimon also cited economic worries, including the Ukraine war and inflation, in the big bank's move to conserve cash.
"To keep our great team, we have raised our wages significantly," said Kristin Thalheimer Bingham, co-owner of Dean's Sweets in Portland, Maine.