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American companies are starting to test the extent of their pricing power. As customers accept the price hikes, some big companies said they expect to raise prices even more. Others are more cautious, unsure if U.S. consumers have the appetite to absorb additional increases. What companies decide will go a long way to answering a question that has surged to the top of executives’ and economists’ agendas this year: Is the recent jump in inflation transitory, as the Federal Reserve predicts, or persistent, as some executives warn? Fastenal Co. , a major distributor of industrial supplies such as nuts and bolts, and Conagra Brands Inc., a food conglomerate, illustrate the pricing dance playing out across the biggest U.S. firms. Both companies are passing along higher costs to customers. They have different views about what happens next. ....
Inflation Drumbeat Reverberates on Latest U.S. Earnings Calls bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Are Minnesota's top firms using blind hiring to boost diversity? - Minneapolis / St. Paul Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
This Industrial Giant Expects Inflation to Be Sticky Jul 14 2021, 3:38 AM July 14 2021, 12:36 AM July 14 2021, 3:38 AM (Bloomberg Opinion) The key question heading into this industrial earnings season was whether some combination of the delta variant of Covid-19, rising costs and supply chain crunches would derail the burgeoning manufacturing recovery. So far, the answer seems to be no. But that doesnât mean the reopening environment is easy to navigate. (Bloomberg Opinion) The key question heading into this industrial earnings season was whether some combination of the delta variant of Covid-19, rising costs and supply chain crunches would derail the burgeoning manufacturing recovery. So far, the answer seems to be no. But that doesnât mean the reopening environment is easy to navigate. ....
Stark State College Akron sets CDL Spotlight Night in Akron cantonrep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cantonrep.com Daily Mail and Mail on Sunday newspapers.