By Alan Hatfield Portillo’s Inc. (Nasdaq: PTLO) today reported continued growth despite a challenging cost environment for the Chicago-style fast casual chain. First quarter revenue increased by 14.6%...
Tag: Inflationary
Labor Costs Jump by Most in 2 Decades, Adding to Inflationary Surge
The Fed is widely expected to raise the benchmark U.S. interest rates by 50 basis points (0.5 percentage point) at its May meeting next week. In a panel hosted by the International Monetary Fund (IMF)...
Elon Musk states he will still hold onto his crypto in an inflationary environment
Tesla Billionaire Elon Musk stated that he will not sell his bitcoin, ethereum, or doge, briefly spiking the market, after he tweeted about the rate of inflation over the next couple of years. In a qu...
2022 Global Inflationary Pressures Drive Up Bitcoin Demand
The United States, Eurozone, United Kingdom among many other economies are experiencing record levels of increased inflation resulting from numerable factors including the massive quantitative easing ...
These are the best stocks to watch despite increasing inflationary pressures
Inflation has remained one of the key concerns for investors around the world. We have seen market sell-offs not just in equities but also in crypto. We do not expect these inflationary pressures to e...
Diageo CEO: ‘we feel good about navigating inflationary environment’
Shares of Diageo plc (LON: DGE) are up 2.0% on Thursday after the British multinational reported solid profit for the first six months of fiscal 2022 on robust growth in higher-end brands. Highlights ...
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’ – Economics Bitcoin News
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes...