Under Armour (UA) CEO Patrik Frisk told Yahoo Finance in a recent interview that he expects upward pressure on prices to persist into next year, describing the recent surge in demand alongside supply chain disruption as an “opportunity for us to raise prices.” The remarks from the head of one of the top sports apparel companies came days after Federal Reserve Chairman Jerome Powell downplayed the threat of long term inflation in a speech at the Jackson Hole Economic Symposium on… Source link
Read More »Google project won’t improve San Jose’s jobs-housing imbalance, officials say
Google’s massive downtown San Jose campus won’t make as big a dent in the city’s jobs-to-housing imbalance as city officials had hoped. That was one of the revelations from a Planning Commission meeting studying the proposed project on Dec. 9. “Even with the addition of these 20,000 jobs at full build-out, it makes a very small change in that ratio,” said San Jose Planning Director Rosalynn Hughey. “It’s definitely less than a 5 percent change in terms of the number of jobs… Source link
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