3 Food Stocks for Smart Investors to Eat Up Now
Costco(COST) Investor Place·2024-08-15 11:00
The U.S. economy is likely expanding significantly, as the Federal Reserve is now predicting that the economy will grow by a strong, seasonally adjusted, annualized rate of 2.9% above inflation during the current quarter. Still, the U.S. unemployment rate surged to 4.3% in July — up from 4.1% in June. The savings rate tumbled to 3.4% of after-tax income in June 2024 from 4.8% during the same period a year earlier. Further, multiple, major companies, including Disney (NYSE:DIS), Macy’s (NYSE:M), and Amazon ( ...