marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
greedflation
01/12/2024
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By Belle Carter
French retail giant boycotts PepsiCo snacks and drinks in Europe “due to unacceptable price increases”
France’s largest supermarket chain Carrefour started boycotting food and drinks of PepsiCo on Jan. 4 in France, Belgium, Spain and Italy in a move to encourage the American multinational food, snack and beverage corporation to bring down its prices. The retail giant has removed PepsiCo items from supermarkets in France and placed banners in aisles […]
12/12/2023
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By Laura Harris
GREEDFLATION: Study finds corporate profiteering significantly boosted global prices in 2022
The massive price increases seen in 2022 appear to be the handiwork of companies looking for more profits at the expense of their customers, according to a study. The study by the Institute for Public Policy Research (IPPR) and Common Wealth think tanks looked at 1,350 companies listed on stock exchanges in the U.K., U.S., […]
06/18/2023
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By Belle Carter
Fed PAUSES rate hike, but warns of 2 MORE before end of the year
The Federal Reserve has paused a planned 11th rate hike, but warned of two more increases before the end of 2023. The American central bank decided against the hike on June 14, amid its scrutiny of its 10 previous rate hikes. Nevertheless, the Federal Open Market Committee (FOMC) projected two more quarter percentage hikes before […]
06/15/2023
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By Belle Carter
GREEDFLATION: Predatory corporations still raising prices for bigger revenue despite falling input costs
A recent report from consumer-advocacy group Accountable.US revealed that S&P 500 food and consumer-goods giants are still raising prices even as input costs are falling. Dubbing the measures “greedflation” in place of inflation, Accountable.US said these companies still attach their products with hefty price tags to protect what a new report calls their “cushioned corporate profits,” and doing so […]
06/01/2023
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By Arsenio Toledo
GREEDFLATION: McDonald’s, PepsiCo raising prices beyond inflation to generate bigger profits
Food giants McDonald’s and PepsiCo continue to greedily raise prices, forcing many consumers looking for price breaks to keep waiting for the day when food prices normalize. These price increases are ongoing. Many companies do not plan to change course and will continue increasing prices or keeping them at elevated levels even as some executives are […]
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