PepsiCo’s stock headed toward a nine-month low in premarket action Thursday after the beverage and food giant reported a rare quarterly revenue miss, citing weakness in snack-food sales and the impacts of product recalls at Quaker Foods.
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The Fed's worst nightmare is officially here:
Today's data confirms ALL 3 inflation metrics are back on the rise.
For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.
Did the Fed spark a new wave of inflation?
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