People queue to vote in the midterm elections in a supermarket in Houston, Texas, U.S., November 6, 2018. REUTERS/Cathal McNaughton
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
After years of low, low prices, fed by near-zero interest rates in a convalescing economy, Americans are waking up to costlier consumer living.Announced by companies during the most recent earnings season, these price hikes have typically ranged from 2 percent to 10 percent. The higher prices aim to pad revenues for companies like Apple, which has just raised sticker prices for its new MacBook Air laptops and iPads by 20 percent and 25 percent.Like GM, most businesses have tried to pass these costs on to consumers.Fast food restaurant chain Chipotle Mexican Grill will charge 4 percent more for its burritos to help absorb a 27.2 percent jump in labor costs, according to Chief Financial Officer John Hartung.
FOLLOW THIS ARTICLE