Yellen Says China Trade Deal ‘Harms American Consumers’

WASHINGTON — Treasury Secretary Janet L. Yellen has raised doubts about the merits of the U.S.-China trade deal and warned that tariffs will continue, arguing that she has not addressed the most pressing disputes between the world’s two largest economies. location hurt American consumers. Ms. Yellen’s comments in an interview with The New York Times …

PepsiCo Reports Stronger Quarterly Sales as Consumers Eat Out More

The fact that restaurants and other events are away from home was a huge boon for PepsiCo, which reported huge revenue growth in its beverage and snack business in the second quarter. However, the company warned that inflationary pressures could likely lead to higher prices. The food and beverage giant, which hosts popular brands such …