Starbucks Baristas Kick Off Strikes in LA, Chicago, and Seattle as Holiday Pressure Mounts 
Honda and Nissan Ready to Kick Off Integration Talks to Counter Tesla and Chinese Auto Giants 
2025 Housing Market Outlook Brings Glimmers of Optimism but Affordability Concerns Still Loom Large 
SK Hynix Wins $458M Funding to Power Indiana AI Chip Plant, Bolster US Semiconductor Sector 
Digital Real Estate: How SEO Expertise Becomes a Valuable Investment Asset in the Modern Economy 
Samsung Plans Ultra-Thin Galaxy S25 Slim to Rival iPhone 17 Air in 2025 Flagship Battle 
How to use an AI art detector 
Trump's 'Panama Canal Takeover' Threat Sparks International Tensions and Legal Debates 
US Grants $6.75 Billion in Chips Awards to Samsung, Texas Instruments, and Amkor for Manufacturing Boom 
OpenAI Heats Up AI Race with o3 Models Aiming to Outperform Google’s Gemini in Complex Problem Solving 
Nintendo Switch 2 Dock Leak Hints at Faster Performance but 4K Output Reportedly Capped at 30 FPS 
Putin Admits Inflation Is 'Worrying' Despite Claims Russian Economy Is 'Stable' 
Elon Musk Sparks Outrage Claiming 'Newsrooms Illegal for Republicans' in Wake of Shocking Journalist Data 
Honda, Nissan Discuss Factory Sharing Moves to Counter Trump’s Trade Shifts and Expand Global Reach 
Economic Indicators from Auction Trends: What Car Auctions Reveal About Consumer Confidence 
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.
