Nestle warns of potential price hikes for KitKat bars and Nespresso pods due to U.S. tariffs and rising commodity costs. Despite a 2.9% organic sales growth in the first half of 2025, the company’s total reported sales declined by 1.8%. Nestle’s CEO vows to refocus the business with fewer, bigger, better initiatives.

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1. The Federal Reserve announced plans to raise interest rates in response to rising inflation and a strong job market. They predict three rate hikes in 2022.

2. Global oil prices hit a seven-year high due to supply chain disruptions and increased demand.

3. Tesla’s stock price saw a 5% increase after announcing plans to build a new factory in Texas.

4. The S&P 500 and Dow Jones Industrial Average both reached record highs as investors remain optimistic about the economy.: Nestle flags price hikes as tariffs, commodities weigh on margins