Word: inflationitis
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Beyond its trademark cola, Pepsi has 17 distinct brands, ranging from Lay's and Doritos to Cheetos and Quaker Foods, that each generate more than $1 billion a year in sales. That's a power portfolio by any measure. But this year has taken a big bite out of the...
For investors, then, picking out the winners is even harder than usual. Unless, that is, you're making bets on stock groups. Subramanian's research also reveals that while stocks are moving with their industry groups, industry groups are diverging from one another. Data that indicate an increase in...
Cambridge’s Department of Human Services Programs is among the areas hit hardest by the recent statewide budget cuts announced early last month. Several DHS programs that are funded through state, city, and private grants will see significant cuts to the services they provide for the community, ranging...
Iranians across the political spectrum have supported their government's hard-line rejection of any attempt to deny their "nuclear rights," but concern has grown in Iran's political establishment over the provocative stances taken by President Mahmoud Ahmadinejad, whose grandstanding, they warn, has weakened Iran's position and raised...
Another worry that goes hand in hand with stimulus packages like this one is the possibility of stoking inflation. For the moment, though, Beijing can breathe easy on that issue. After wrestling to control rising inflation over the past 18 months, the government reported recently that China's Producer Price...