California State Teachers Retirement System lessened its holdings in shares of Contango Oil & Gas (NYSEAMERICAN:MCF – Get Rating) by 16.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 169,115 shares of the oil and natural gas company’s stock after selling 33,068 shares during […]
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(CNN) There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something s got to give.
The US government reported last week that consumer prices, excluding food and energy, rose at their fastest clip since 1992 in May. Sherwin-Williams is lifting the price of paint, one of many companies that s responding to higher commodities costs.
Food prices are also surging. Chipotle just raised prices. So did Campbell Soup.
And the chief financial officer of restaurant and arcade chain Dave & Buster s said during a recent earnings call with analysts that he expects a 6% to 8% increase in food costs for 2021 due to higher chicken, beef and dairy prices.
Investors and the Fed aren t freaking out about inflation Should they? kitv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitv.com Daily Mail and Mail on Sunday newspapers.