PepsiCo Trims Sales Outlook While Pledging to Meet Profit Goal

Organic revenue seen rising by a low single-digit percentage Company seeks to manage costs amid subdued growth, CEO says PepsiCo Inc. reduced its revenue outlook, citing slower-than-expected growth and international unrest, but said cost cutting and greater efficiency...

El-Erian Warns Fed After Jobs Data: ‘Inflation Is Not Dead’

US job growth in September topped all estimates, data showed Traders pull back on wagers on big Fed cuts to come this year Mohamed El-Erian says the Federal Reserve needs to renew its focus on its fight against rising prices after September’s surprisingly hot jobs...