Everything is getting more expensive, and 43% of families can't afford the basics [CNN]
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: CNN
Everything is getting more expensive, and 43% of families can't afford the basics If you've been feeling like your paycheck isn't going as far as it used to, you're not imagining things. Everything from gas to mortgages to your Chipotle order is getting more expensive. Nearly 51 million US households don't earn enough to cover basics like rent and food. Meanwhile, Amazon Prime members are getting a new discount and Ikea is offering a new credit card. Catch up on last week's money news here: PRICES ARE GOING UP After years of low inflation, consumer prices are rising as the economy gets stronger . Be ready to pay more for gas, your orders at McDonald's and Chipotle, and even your Netflix and Amazon Prime subscriptions. Dozens of companies in recent weeks have said they already hiked prices or plan to in the coming months to combat inflation. Plus, the Federal Reserve is gradually raising interest rates, which will make auto loans and mortgages more expensive, too. MANY FAMILIES CAN
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KFY
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KFY
Earnings
- 3/6/24 - Beat
KFY
Sec Filings
- 3/11/24 - Form 4
- 3/8/24 - Form 10-Q
- 3/8/24 - Form 144
- KFY's page on the SEC website