If you keep tabs on grocery prices, you probably aren’t surprised to hear they’ve risen 20% in the last two years.  But there’s another type of inflation you might have not noticed in the grocery store aisles during that time: shrinkflation.  Otherwise known as downsizing, “shrinkflation” describes how companies subtly …

Co-founder and CEO of Snap Inc. Evan Spiegel holds up a Pixy drone while speaking during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Snap shares dropped as much as 20% after …

Tom Cruise in “Top Gun: Maverick” Source: Paramount Paramount Pictures is upping the theatrics. Chris Aronson, president of domestic distribution for the studio, demonstrated as much Thursday, kicking off Paramount’s studio presentation at CinemaCon by rising through the stage with a sewer grate in hand. related investing news Aronson, donning …

Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City.  Michael M. Santiago | Getty Images Investors looked past what appeared to be a weak first quarter GDP report Thursday and instead focused on the longer-term prospects for economic growth, interest …

Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022.  Bryan van der Beek | Bloomberg | Getty Images Crypto exchange Coinbase offered a fiery response on Thursday to last month’s Wells notice from the SEC, telling …

Game maker Hasbro Justin Sullivan | Getty Images Toymaker stocks rallied Thursday after rivals Hasbro and Mattel posted quarterly results and offered optimistic comments about how their intellectual property will boost their businesses. Hasbro shares spiked more than 13% Thursday after the toymaker reported first-quarter revenue that topped Wall Street’s …

FatCamera | E+ | Getty Images If you had a surprise tax bill this season, it’s not too soon to prepare for next year, financial experts say. As of April 14, the IRS processed nearly 76 million refunds, with an average payment of $2,840, which is 8.5% smaller than refunds …

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, 2022. Evelyn Hockstein | Reuters SEC Chairman Gary Gensler has a message for Coinbase and other crypto exchanges: The rules …

Aaron Smith, chief executive officer of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside the US Capitol in Washington, D.C., US, on Wednesday, Sept. 14, 2022. Ting Shen | Bloomberg | Getty Images A group of bipartisan lawmakers reintroduced the Secure and …

Southwest Airlines is reducing its hiring targets for this year because of delays in new aircraft from Boeing, the carrier’s CEO Bob Jordan said Thursday. The Dallas-based airline expects to receive just 70 new 737 Max planes from Boeing this year, down from a previous forecast of 90, which will …