October 24, 2025
- The September CPI report showed that prices rose by a lower-than-expected 0.3%, yet annual price hikes for a variety of consumer goods increased to the fastest pace so far this year. Wall Street appeared happy with the news, which seems unlikely to get in the way of the Fed’s plan to continue interest rate cuts (via CNN Business).
- Amazon has committed $2.5 billion to planned skills training, with the goal being broad-based upskilling for the future of work within the company. “Whether someone dreams of working at Amazon, works here now, or has moved on to their next chapter, our goal is the same: helping them have access to the education and training needed to thrive in whatever comes next,” Beth Galetti, SVP of people experience and technology at Amazon, said (via Chain Store Age).
- Procter & Gamble topped Wall Street estimates surrounding its Q1 business, bolstered by strong demand for its beauty and hair-care products. Shares ticked up modestly on the news (via Reuters).
- Canadian Prime Minister Mark Carney said that Canada is ready to resume trade negotiations with the U.S. whenever President Trump is ready. Trump previously stated that trade talks with Canada had come to an end, following an Ontario political ad featuring former President Ronald Reagan in which Reagan spoke negatively about the impact of tariffs (via CNBC).
- Taco Bell is extending its Taco’s and Tuition eduction benefit to employees at all levels of the organization. “No matter how long a Team Member is with us, we want their time at Taco Bell to be meaningful. We’re proud to invest in their future, regardless of where their path takes them,” said Jamie Harrison, global chief people & culture officer at Taco Bell (via Chain Store Age).
- Target plans to terminate 1,000 corporate employees in addition to closing 800 open roles, moves which affect approximately 8% of its total workforce. These changes “set the course for our company to be stronger, faster and better positioned [for the future],” incoming Target CEO Michael Fiddelke said (via CNN Business).