Tag: Kraft Heinz

Kraft introduces new mac and cheese option without the cheese
Money

Kraft introduces new mac and cheese option without the cheese

Kraft Heinz's newest macaroni and cheese product resembles the brand's classic creamy comfort food but for one key difference: It doesn't contain cheese.The food and beverage giant is rolling out "Kraft NotMac&Cheese," a vegan mac and cheese that uses a plant-based sauce, the company announced Wednesday. The dairy-free product will come in two flavors — original and white cheddar — and will cost $3.49 a box when it hits store shelves beginning this month. Kraft Heinz partnered with TheNotCompany, a plant-based food technology company, to craft its vegan take on the pantry staple. The product's sauce is made from fava bean protein and coconut oil powder. It is Kraft Heinz's third non-dairy offering after its NotCheese Slices and NotMayo, which hit store shelves this y...
Fed Pause Helps Treasury Yields Retreat and Stocks Climb
Money

Fed Pause Helps Treasury Yields Retreat and Stocks Climb

Many investors on Wednesday looked to the Federal Reserve for hints about whether this autumn’s unusual ascent in Treasury yields would help finish America’s inflation fight. The central bank’s message: maybe. In the tug of war between low-risk government debt and higher-risk equities, that was enough of a signal to push stocks higher Wednesday. The Dow Jones Industrial Average rose 0.7%, or 222 points, while the tech-heavy Nasdaq Composite added 1.6%. The S&P 500 increased 1.1%, led by the information-technology and communication services sectors. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8