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PepsiCo probably raised its prices too much, and now it’ll have to pay, analyst says

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PepsiCo Inc. hiked its prices through the pandemic and the supply disruptions that followed, and now the beverage and snacks giant could have to reverse course with more discounts, TD Cowen analysts said Thursday in downgrading the company’s shares.

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Treasury yields trim declines after PCE inflation reading edges up from Fed’s target

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Treasury yields were trimming earlier declines after a barrage of pre-Thanksgiving economic data added to the case for gradual Fed rate cuts .

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Jobless claims slide to 7-month low. Businesses not cutting many jobs.

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The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.

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More turnover at the top, but this bull still believes in the Weight Watchers parent

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D.A. Davidson reckons WW is a buy as its customers need more than a prescription.

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