Berkshire Hathaway Cash Falls as Abel Boosts Stock Buybacks 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears 
Airbus Joins Air India A320 Altitude Drop Probe 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
Nintendo Shares Jump as Switch 2 Sales Boost Earnings 
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets 
Hims & Hers Shares Fall as GLP-1 Costs Widen Q2 Loss 
JPMorgan Plans More Asia-Pacific Hiring in 2027 as Corporate Banking Revenue Surges 
US Judge Dismisses Gautam Adani Criminal Charges 
Deutsche Bank Upgrades Persimmon to Buy After Strong First-Half Results 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
Austal Shares Surge 16% as Hanwha Offers Up to $1.2 Billion for U.S. Shipbuilding Business 
Cheerios, Harley-Davidson, Kimberly Clark, and Whirlpool are just some of the companies in the United States that are raising the prices of their products. The price increases were said to be due to higher costs of materials as well as rising gas prices.
The current inflation rate in the U.S. is said to be the highest in 13 years, and this has affected most of the firms in the country. As per the American Automobile Association (AAA), the prices of gas are averaging $3.15 per gallon today, and this is said to be the highest rate in at least seven years.
The White House, along with Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell, said that this inflation trend will not last long and is only temporary. However, corporate leaders are not sure about this. In any case, FOX Business listed some of the firms that have already implemented higher prices to their customers, and these include:
Harley-Davidson
The motorcycle company said that prices may continue to go up due to inflation. The prices of lumber and aluminum have recorded the biggest increases, so it needs to increase the price of each Harley-Davidson motorcycle. To make up for the rising costs, the company raised its prices by implementing a two percent surcharge.
General Mills
The maker of Cheerios and Betty Crocker cake mixes stated that it is expecting cost inflation of around seven percent in the current fiscal year. General Mills is also seeing higher prices linked with securing additional logistics and capacity.
According to CNBC, this could mean higher prices and less content in packets for the consumers. These are said to be the most used strategy to manage inflation.
Kimberly Clark
It was said that the personal care American manufacturing company was forced to increase the prices of its toilet paper products. It added that with the plummeting share value, it is expecting to earn just between $6.65 and $6.90 per share that was previously estimated to be $7.55.
Finally, Whirlpool and the Constellation brand that makes Corona beer are also raising their prices in the U.S. The former said that it could lose $1 billion if it does not raise its prices.
