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Wall Street experiences second consecutive day of losses US stocks reversed course in Wednesday's trading session, ending lower for the second day amid rising oil prices and fears that the Federal Reserve will have to move more aggressively to contain inflation. The see-saw day started out upbeat following a good batch of earnings reports, but shares tumbled midday and didn't recover. FIND OUT HOW OIL PRICES ARE IMPACTING WALL STREET
Proctor & Gamble unveils price hikes for household products Procter & Gamble plans to increase prices on some of its most popular products by an average of 8% due to rising inflation. The company said Wednesday that the increase for laundry products will go into effect on Feb. 28. By April, prices will increase for an array of health care products like baby care, feminine care and oral care. FIND OUT WHICH P&G PRODUCTS WILL SEE PRICE HIKES
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Markets
DJIA | 35,028.65 | -0.96% |
S&P 500 | 4,532.76 | -0.97% |
Nasdaq Composite | 14,340.26 | -1.15% |
Japan: Nikkei 225 | 27,554.54 | 0.32% |
UK: FTSE 100 | 7,589.66 | 0.35% |
Crude Oil Futures | 86.32 | -0.74% |
Gold Futures | 1,840.90 | -0.12% |
Yen | 114.19 | -0.13% |
Euro | 1.14 | 0.09% | * As of market close |
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Should you believe all the metaverse hype?
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Coca-Cola rebranding with new cans, flavors
Finding your favorite soft drink amid a sea of flavors at the convenience story may be a lot easier in the near future at Coca-Cola is rebranding it array of offerings with new colors and flavors. Several drinks will get a can makeover, including the latest flavor in the Coke with Coffee line - Mocha. FIND OUT THE COLOR CAN YOUR FAVORITE DRINK WILL FEATURE
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'My bologna has a first name; it's M-A-S-K'?
Meat-packager Oscar Mayer is getting into the skincare business with a face mask that is designed to rejuvenate the skin while giving a nod to every kids’ DIY bologna-inspired masks. The Kraft Heinz Company brand is debuting its face masks, which have a striking resemblance to bologna. FIND OUT WHAT'S IN THE BOLOGNA-INSPIRED SKINCARE ITEM
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The color of Coke
Why did Coca-Cola use the color red for its iconic logo and products? Wednesday's answer: The only city to host the Grammy Awards show other than Los Angeles and New York was Nashville, Tennessee in 1973.
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