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Today Federal Reserve speakers: Fed governor Lisa Cook Economic data: the Energy Information Administration’s weekly petroleum status report, U.S. services PMI, global services PMI, ADP employment survey Earnings (a.
Investors have rightly given up on companies such as General Mills and Kraft Heinz, which are squeezed by everything from inflation to GLP-1s.
Kraft Heinz (KHC) walked away from a planned corporate breakup in February and redirected that energy into a $600 million investment in its own brands. That decision rests on one specific assumption: that the worst of commodity inflation was already behind the company. Data published this week by ...
New products, smaller packages and value meals are being rolled out to attract inflation-weary customers.
Whirlpool (NYSE:WHR) CEO Marc Bitzer is making one of the bluntest recession comparisons of this earnings cycle. According to the Morning Brew Daily podcast segment covering the company’s Q1 results, CEO Bitzer told investors: “This level of industry decline is similar to what we have observed during the global financial crisis and even higher than ... Whirlpool’s CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis
The April inflation report landed with a number the Federal Reserve hoped it would never have to explain again. Consumer prices rose 3.8% year over year, the highest reading since 2023 and a sharp jump from March’s 3.3%. Energy did most of the damage: gasoline ripped 21% in March, the biggest monthly increase in data ... The Fed’s Worst-Case Scenario Is Quietly Unfolding
Kraft Heinz (NASDAQ:KHC) reported first-quarter 2026 results that management said came in ahead of internal expectations, citing a smaller-than-anticipated decline in organic net sales and early signs of market share improvement tied to increased investments. Chief Executive Officer Steve Cahillane
Earnings season marches on this week as investors will hear from big companies including Walt Disney, McDonald's and CoreWeave. Data on the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.
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