Consumer Staples News
Just like the products and services consumer staples companies offer, our latest news in this sector is a ‘must-have’ all year round.
List of Consumer Staples News
Climate change alters life at Fed's Jackson Hole conference
JACKSON HOLE, Wyoming (AP) — When officials of the Federal Reserve Bank of Kansas City sought a location for an annual economic symposium in 1981,...
Long-term victims of car crashes win key Michigan decision
DETROIT (AP) — Major changes in Michigan car insurance law do not apply to people who were catastrophically injured before the summer of 2019, the...
Average US long-term mortgage rates rise; 30-year at 5.55%
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week as inflation worries remained at the fore and the slowdown in economic...
Oil spill settlement reached with California businesses
SANTA ANA, Calif. (AP) — A pipeline operator said Thursday that it has reached a settlement with Southern California tourism companies, fishermen...
Inflation is driving Americans to bargain chain stores
NEW YORK (AP) — Dollar Tree and Dollar General reported rising sales in the second quarter as four-decade high inflation drove more customers to...
Labor board files complaint against Starbucks over pay offer
The National Labor Relations Board says Starbucks is violating U.S. labor law by withholding pay hikes and other benefits from stores that have...
German art group criticizes climate protesters for using art
BERLIN (AP) — A leading cultural organization in Germany on Thursday criticized climate activists for gluing themselves to the frames of famous...
Dangerous heat predicted to hit 3 times more often in future
What's considered officially “dangerous heat” in coming decades will likely hit much of the world at least three times more often as worsens,...
Groups sue Environmental Protection Agency over coal ash
NASHVILLE, Tenn. (AP) — A coalition of environmental groups sued the Environmental Protection Agency on Thursday over its refusal to regulate some...
With no buyers, Citigroup to wind down operations in Russia
NEW YORK (AP) — Citigroup will wind down its consumer banking and commercial lending operations in Russia after months of looking for a buyer with...
British sewage overflows stink up relations across Channel
PARIS (AP) — EU lawmakers have a new, post-Brexit reason to be annoyed with Britain: British sewage overflows seeping into the English Channel and...
Reforms help Cuban farmers, but many still struggle
HAVANA (AP) — First, it was impossible to find fuel or seeds to plant. Later his name wasn't on a list of farmers eligible to rent tractors from...
Wild week for Peloton: Shares slide 13% after 20% spike
NEW YORK (AP) — Peloton shares are on a wild ride this week, running up 20% Wednesday on a new partnership with Amazon, then sliding 13% before the...
Food commodity prices slim down over the summer
The price of wheat, corn and other commodities that make up the basis for much of the world’s food supply fell sharply over the summer.
Fall books a broad mix of literary and commercial favorites
NEW YORK (AP) — Anticipation for one of the fall's likeliest bestsellers has been growing all year.
Government revision shows economy shrank 0.6% last quarter
WASHINGTON (AP) — The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in a slight upgrade from its...