@Miriamm
Corporate America is testing the limits of its pricing power
Across the economy, executives trying to maximize profits are effectively running tests to see what prices consumers will bear before they stop buying.
https://www.seattletimes.com/business/corporate-america-is-testing-the-limits-of-its-pricing-power/?utm_medium=Referral&utm_campaign=RSS_all&utm_source=press.coop
@Miriamm
I keep reading about all these giant corporations that pay little to no tax raising prices to gouge consumers and then reporting record profits...
Must be a coincidence that they all did this at once?
Onion link to 2022 Jan 27 NYTimes article: https://www.nytimesn7cgmftshazwhfgzm37qxb44r64ytbb2dj3x62d2lljsciiyd.onion/2022/01/27/business/mcdonalds-earnings.html
Non-onion link to the same article:
https://nytimes.com/2022/01/27/business/mcdonalds-earnings.html