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Tag Archives: consumers

Consumers paid more for food, gas in September

WASHINGTON — Consumers paid more for food and gas last month, although inflation outside those volatile categories was tame. The Labor Department says the Consumer Price Index rose 0.3 percent in September, below a 0.4 percent rise in August. Excluding ...

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Robert Nusgart: As lenders pull back, consumers lose options (access required)

Amid all off the hoopla about falling mortgage interest rates that has spawned another refinance boom for homeowners comes news that two of the nation’s largest lenders are backing away from the mortgage industry. This month, Bank of America announced ...

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PepsiCo 3Q profit climbs on snack, beverage sales

PURCHASE, N.Y. — PepsiCo Inc.’s third-quarter profit rose 4 percent because of higher prices and rising sales of its snacks and beverages, especially overseas. Food and beverage companies like PepsiCo have been raising prices to offset higher costs for ingredients, ...

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Businesses boost orders for equipment, machinery

WASHINGTON — Companies ordered more machinery, computers and communication equipment in August, a positive sign for the slumping U.S. economy. An increase in demand for those kind of longer-lasting factory goods suggests businesses are sticking with their investment plans, despite ...

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Consumer prices, unemployment claims rise

WASHINGTON — Consumers paid more for a range of goods and services last month, and unemployment benefit applications jumped last week to the highest level in three months. The latest data offered a picture of an economy facing inflationary pressures ...

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