Earnings

Consumer price inflation in May is expected to be searing as energy, food and rents rise

Economists expect inflation in May to continue to burn white, with rising costs for energy, food, rent and health care. According to Dow Jones, economists expect the consumer price index to rise 0.7% from 0.3% in April. On an annual basis, this would equate to a rate of 8.3%, the same rate as in April. …

Consumer price inflation in May is expected to be searing as energy, food and rents rise Read More »

Plant-based food industry faces reset as Beyond Meat and Oatly stocks suffer

In this photo photo Oatly Oat Milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street seems to be downgrading on herbal substitutes. Shares of Beyond meat and oatly have lost more than half their value this year. Stocks are both high-profile and relatively recent entrants to public …

Plant-based food industry faces reset as Beyond Meat and Oatly stocks suffer Read More »