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Food price inflation will continue through 2023 and be passed on to consumers, making grocery chain Kroger's a 'buy', Bank of America says
Bank of America said US consumers are accepting the bulk of food price increases as average hourly …
Carla Mozée
Kroger says it is not accepting bitcoin cash after fake press release sends the crypto briefly soaring
Media outlets initially fell for the hoax, which led to a brief 5% bitcoin cash price rally.
Isabelle Lee
Reddit darling Bed Bath & Beyond soars as much as 90% in a likely short squeeze after revealing Kroger tie-up
The retailer said it would offer an extensive range of its home and baby products through Kroger's …
Shalini Nagarajan
Grocer Kroger is the only stock in the S&P 500 that gained amid Thursday's market rout
Kroger managed to gain amid Thursday's broader market slump when analysts at BMO boosted their pric…
Carmen Reinicke
Warren Buffett's Berkshire Hathaway sold Biogen, halved its Merck stake, and boosted its Kroger bet. Here's a closer look at its key trades in Q2.
Buffett's company established stakes in Merck, AbbVie, and Bristol Myers Squibb in the second half …
Theron Mohamed
Best Buy falls 17% as wave of organized retail theft hits the big box electronics chain, squeezing profit margins
"We are definitely seeing more and more organized retail crime and incidence of shrink in our locat…
Matthew Fox
Warren Buffett scores a $570 million gain on his new Japanese stocks in just 2 days
Buffett's company revealed 5% stakes in five Japanese giants on Sunday, sending their stock prices …
Theron Mohamed
Los Angeles County will mandate an extra $5 per hour in 'hero pay' for frontline grocery and drugstore workers
Other West Coast cities, including Seattle, San Francisco, and Long Beach, have implemented similar…
Mary Meisenzahl
If the Biden administration doesn't step in to block the $25 billion Kroger-Albertsons merger, it will be devastating for shoppers and grocery-store workers — while the rich shareholders will get richer
History has shown that prices rise and workers lose their jobs when big grocery chains merge. Meanw…
Paul Constant
Bed Bath & Beyond's stock has crashed to earth after a rollercoaster ride that defied gravity. Here's a timeline of its chaotic journey, fueled by meme-stock craze and mounting debt.
Bed Bath & Beyond's stock has plunged about 97% from the early 2021 highs that were reached amid th…
Zahra Tayeb
Why does everything cost so much? Because businesses are 'hiding behind inflation to jack up prices.'
Why does everything cost so much? Because businesses are "hiding behind inflation to jack up prices…
Juliana Kaplan
Americans are reportedly paying the biggest-ever premium for diesel at the pump after its price rose 50%
The ongoing war in Ukraine has triggered supply shocks, driving average diesel prices up to $5.35 a…
George Glover
US stocks trade mixed to close a losing week as 10-year Treasury yield hits fresh 3-year high
US stocks closed out their worst week in a month, as investors weighed developments with Ukraine as…
Phil Rosen
Jim Simons' RenTech fund nearly doubled its AMC stake, reinvested in GameStop, and trimmed its Tesla bet last quarter
The hedge fund run by the ex-NSA codebreaker and MIT math professor has ramped up its AMC bet by 80…
Theron Mohamed
TuSimple could jump 36% as the company leads the race in the $4 trillion autonomous trucking market, BofA says
TuSimple hopes to have more than 7,500 autonomous trucks in operation by the end of 2024, ramping t…
Will Daniel
Warren Buffett's Berkshire Hathaway reveals it built a $4 billion stake in Taiwan Semiconductor - and added Jefferies to its stock portfolio
Buffett's company boosted its Chevron and Occidental Petroleum bets last quarter, and reduced its w…
Theron Mohamed
US stocks climb to new records as jobs data shows labor-market recovery after dismal September report
Positive results on Pfizer's COVID-19 pill also helped spark a broad rally among travel-related sto…
Isabelle Lee
Walmart is 'going on the offensive' as growing threat Kroger slashes prices and hires thousands of workers
The grocery store chain recently cut the cost of 1,000 popular items in 120 of its stores, retail c…
Warren Buffett's Berkshire Hathaway sold its Biogen stake last quarter - and slashed its pharmaceutical bets
The famed investor's company also sold some Chevron and General Motors shares, and boosted its stak…
Theron Mohamed
Warren Buffett's Berkshire Hathaway topped up its Apple and Chevron stakes last quarter - and sold the last of its Verizon stock
Buffett's company boosted its bets on Activision Blizzard and Paramount, but trimmed its wagers on …