COPENHAGEN, June 15 (Reuters) – Toymaker Lego said on Wednesday it would invest more than $1 billion in a factory in the United States to shorten supply chains and meet growing demand from its customers. colored plastic bricks in one of its biggest markets. The factory in Chesterfield County, Va., will be the Danish company’s …
Lego will invest more than a billion dollars in an American brickyard Read More »
A person pushes a shopping cart through a supermarket in Manhattan, New York, U.S., March 28, 2022. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register NEW YORK, June 9 (Reuters) – Economic data due on Friday has market participants eagerly awaiting confirmation that inflation, which has been high for decades, peaked in …
CPI Snapshot: Looking for Cooling Inflation Trends Read More »
WASHINGTON, June 9 (Reuters) – Major U.S. retailers like Target Corp (TGT.N) and Walmart Inc (WMT.N) have slashed prices to clean up overcrowded warehouses, but hotel revenue is surging as daily room rates and occupation have broken above pre-pandemic levels. Used car prices are no longer rising at the breakneck pace that drove an initial …
US retailers slash prices but services keep inflation high Read More »
