Hershey, the maker of popular chocolate brands like Reese’s and Whoppers, plans to raise US retail prices later this fall. The price increase will be in the low double-digit percentages, with some pack sizes getting smaller and list prices rising in other cases.
Meanwhile, a challenging housing market is affecting home sellers who are rethinking their strategies. Some sellers are opting to rent out their properties instead of listing them for sale, entering direct competition with institutional investors. The move comes as consumers become increasingly cautious due to high mortgage rates.
In a separate economic development, Chevron Corp. has cut 575 jobs in the Houston area ahead of its $53 billion takeover of Hess Corp., which is set to take effect on September 26.
Source: https://www.businessreport.com/article/roundup-cost-of-chocolate-home-rentals-chevron-layoffs