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Business, Economy

“$10 toothpaste? U.S. household goods makers face blowback on price hikes”

“…Get ready for the $10 tube of toothpaste. Colgate-Palmolive Co (CL.N) CEO Noel Wallace said last week at an industry conference that the household goods maker sees its new Optic White Pro Series toothpaste as the type of premium product “vital” to… Continue Reading…

Economy

“Shock gas, grocery price hikes spur states to pursue tax relief”

“Rapidly climbing inflation in the U.S. is accelerating calls from governors and state leaders to provide immediate tax relief to cash-strapped residents facing higher prices on everyday products such as gas, milk, and electricity. The governors of Maine and Kentucky… Continue Reading…

Banking

“In policy shift, the Fed projects three interest rate hikes in 2022”

“With inflation now running at its fastest pace in nearly 40 years and showing no signs of slowing down, the Federal Reserve on Wednesday abandoned its wait-and-see strategy and indicated that it could begin stepping on the economic brakes soon.… Continue Reading…

Economy

“Poll: 80% Oppose Tax Hikes…”

“By an 80-20 margin voters oppose tax increases as the U.S. comes out of the pandemic, according to a new poll conducted by HarrisX. The poll was conducted by HarrisX between Sept. 3 – 6 among 1,916 representative registered voters.  Respondents were… Continue Reading…

Business

“Under Armour posts more than 2,300 new jobs and hikes minimum hourly pay 50% to $15”

“Under Armour Inc. posted more than 2,300 jobs in the second quarter according to GlobalData research, a “hiring spree” that comes at a time when finding new workers has become more difficult… Last month, Under Armour announced that it was… Continue Reading…