As Davos kicks off, Oxfam calls for tax on food companies to reduce inequality

Food companies making big profits as inflation has surged should face windfall taxes to help cut…

Americans are spending an extra $371 a month because of inflation | CNN Business

New York CNN  —  From rent and groceries to utilities, families are paying a lot more…

Egg prices exploded 60% higher last year. These food prices surged too | CNN Business

Minneapolis CNN  —  Eggs, milk, butter, flour … if you were making pancakes last year, it…

Investors are underestimating inflation again | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

The owner of Uniqlo is boosting pay for Japan employees by up to 40% as inflation bites | CNN Business

Hong Kong CNN  —  Fast Retailing, the Japanese giant that owns popular clothing brands Uniqlo and…

Encouraging inflation news: Online prices keep dropping | CNN Business

New York CNN  —  In a positive sign for inflation-weary consumers, online prices dropped in December…

Why is Wall Street cheery all of a sudden? | CNN Business

New York CNN  —  It’s only early January, but so far in 2023 the pendulum on…

Bonds are back, but for how long? | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

This giant economy wants its workers to get inflation-busting pay rises | CNN Business

Tokyo CNN  —  Japan is grappling with a record drop in salaries, even as inflation continues…

Macy’s says its holiday sales will be lower, citing inflation pressures | CNN Business

New York CNN  —  Turns out inflation may have put a damper on the holidays. Macy’s…