Chocolate Halloween candy hit by inflation, tariffs, high cocoa prices

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A customer shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas.  Brandon Bell | Getty Images The scariest thing haunting Halloween this year isn’t a ghost, goblin or ghoul — it’s the price of chocolate. From Snickers to Reese’s to Twix, one of America’s favorite indulgences is getting more […]


U.S. consumers expect high prices, weak economy, Deloitte survey says

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As the peak holiday shopping season approaches, most U.S. consumers have a downbeat outlook on the economy, according to an annual Deloitte survey published on Wednesday. Most consumers surveyed — 57% — said they expect the economy to weaken in the year ahead, the consulting firm found in a poll of roughly 4,000 respondents. That […]


Gold prices keep rising, and jewelry companies are sounding the alarm

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Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts and political uncertainty. David Gray | Afp | Getty Images Amid global economic turbulence, the prices of precious metals have been climbing higher and higher. The price of gold in particular has […]


Disney raises prices for streaming packages

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Thomas Fuller | Lightrocket | Getty Images Disney on Tuesday unveiled price increases for its streaming subscription packages beginning Oct. 21. The stand-alone Disney+ ad-supported plan will see a $2 increase to $11.99 per month, while the premium no-ads plan will jump $3 to $18.99 per month or get a $30 annual hike to $189.99 […]


July home sales rise as prices approach inflection point

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A “For Sale” sign outside a house in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images Sales of previously owned homes rose 2% in July compared with June to 4.01 million units, on a seasonally adjusted, annualized basis, according to the National Association […]


Trump asks drugmakers to cut U.S. prices within 60 days

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U.S. President Donald Trump, U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., Dr. Mehmet Oz, Administrator for the Centers for Medicare & Medicaid Services, David Sacks, AI & Crypto Czar and Amy Gleason, Acting Administrator, Department of Government Efficiency (DOGE) attend the “Making Health Technology Great Again” event in the East Room […]


Iconic Philly cheesesteak shop may raise prices as beef costs surge: ‘Sticker shock’

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The head of an iconic Philadelphia cheesesteak restaurant says he may be forced to raise the price of his $13.49 sandwich — a prospect that could alienate his loyal customers who could be asked to bear the burden of soaring beef prices. “I really hate to do that,” Ken Silver, the president of Jim’s South […]


Exxon Mobil warns lower oil, gas prices could cut profit by over $1B

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Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter’s level. The earnings snapshot from the largest US oil producer is closely watched for clues on how the broader oil sector will fare when companies begin releasing quarterly results in a few weeks. Benchmark […]


Mitsubishi hiking prices on new US vehicles in response to Trump tariffs

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Mitsubishi Motors said on Tuesday it was hiking prices of US vehicles by 2.1% on average, the latest automaker to pass along cost increases to consumers as their expenses rise from the Trump administration’s tariffs. President Trump in April imposed 25% tariffs on car imports from Japan and nearly all other countries, prompting Mitsubishi to suspend deliveries from ports to US dealers. The Japanese automobile manufacturer said it resumed those […]


Chime prices IPO at $27 per share, valuing fintech at $11.6 billion

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Chime Visa Credit Card Source: Chime Chime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billion The company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors. […]