• The window is closing on corporate 'greedflation.' It's another sign that inflation is cooling off

    10 days ago - By Business Insider

    Win McNamee/Getty Images; Hollis Johnson/Insider
    Many companies have reported record profits over the past year.
    It's led some economists and politicians to accuse companies of fueling inflation.
    These profits might not last, however, as many CEOs see signs of customers tightening their belts.
    While tech companies like Twitter and Meta are struggling, many US corporations in other industries have reported record profits over the past year. It's led economists and politicians to accuse companies of jacking up prices - and fueling the inflation that continues to hit Americans' pocketbooks...
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