Stocktwits63d agobearish
CPB, CAG, GIS, KHC, And SMPL Stocks Slump In Pre-Market: Why Does Bernstein See ‘Troubled’ Times Ahead?Bernstein downgraded the stocks, citing headwinds from surging oil prices, the GLP-1 trend, and rising inflation.
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24/7 Wall St.83d agobearish
Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.The President wants rate cuts. His pick is set to take the chair at the Federal Reserve. Futures markets have spent weeks pricing in easing. Then the Bureau of Labor Statistics released the April Consumer Price Index report, and the door slammed shut. Headline CPI rose 3.8% year-over-year in April, up from 3.3% in March, ... Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.
Financial Times84d agobearish
Trump cuts to food subsidies bite US food companiesThe food industry is starting to feel the impact of cuts to US grocery subsidies that were part of the giant tax and spending bill passed by...
Food Dive97d agobearish
Food giants hit with consumer lawsuit calling ultraprocessed ingredients addictiveThe complaint against Kraft Heinz, PepsiCo and other companies aims to connect packaged foods and consumer health issues after a judge tossed a similar lawsuit last fall.