The Consumer Price Index (CPI) rose 0.3% month-on-month (m/m) in February, meeting the Bloomberg consensus forecast. On a twelve-month basis, CPI was unchanged at 2.4%. Energy costs rose 0.6% m/m, amid some firming in prices at the pump and utility costs. Food prices also heated up in February, rising 0.4% m/m following a softer gain […]
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Verizon has been working to recover from several years of elevated customer losses in its wireless business. The company has revamped its promotional strategy in recent months to rebuild customer loyalty. However, some of the Read more…
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Estée Lauder is deepening its restructuring plan, delivering a difficult update to thousands of workers even as the beauty giant reports stronger sales and raises its annual outlook. The parent company of well-known, well-loved brands Read more…