Inflation and Food Prices - August CPI report shows prices rose 0.4%, with the cost of food at home rising 0.61% [1] - Some individual food items saw significant year-over-year price increases, including roasted coffee, beef steaks, eggs, apples, and canned fruits and vegetables (up 4%) [1] - Tariffs, particularly on aluminum used in packaging, are potentially impacting food prices, especially for canned fruits and vegetables [1] - Fundamentals suggest a normal year of 2% food price inflation, but tariffs are an X factor that could cause increases into 2026 [1] - Consumers are expected to shift from restaurants to supermarkets and buy raw, commodity foods in bulk, switching to private labels to save money [2] AI and Business Transformation - Salesforce is using AI to create agentic enterprises where humans and AI agents work together to improve customer success [2] - Salesforce's digital AI agents handled 150 万 questions, matching the volume handled by human agents [2] - Salesforce has over 12,000 Agent Force customers, with data cloud and agents generating $12 billion in revenue, a triple-digit growth [2] - Agentic sellers are being used in sales cloud, enabling call backs to 20-100 million customers who previously were not called back [2] 9/11 and Market Response - The New York Stock Exchange (NYSE) closed on September 11, 2001, following the attacks on the World Trade Center [3][4] - The decision to close the markets was made in consultation with the SEC chair and other key figures [4][5][10] - The priority in the aftermath was to find survivors [12]
Recalling 9/11 at the NYSE, how tariffs are impacting food prices
Yahoo Finance·2025-09-11 21:54