Ticker: Quaker Oats recalls granola products over concerns of salmonella contamination
Quaker Oats on Friday recalled several of its granola products, including granola bars and cereals, saying the foods could be contaminated with salmonella.
Salmonella infections can cause fever, diarrhea, nausea, vomiting and stomach pain, according to the Food and Drug Administration. In rare cases, the bacterial disease can be fatal.
Quaker, which is owned by PepsiCo, said in a news release that it has not received any reports of salmonella infections related to the recalled granola products, which have been sold in every U.S. state and territory. The full list of recalled foods includes granola oats cereals and Quaker Chewy Bars.
The company is asking customers with recalled products to throw them away and contact its customer support line at 1-800-492-9322 or visit the recall website at QuakerGranolaRecall.com for more information and reimbursement.
Congressional Budget Office projects lower inflation and higher unemployment into 2025
The Congressional Budget Office says it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025.
The office’s Current View of the Economy from 2023 to 2025 report estimates that the unemployment rate will hit 4.4% in the fourth quarter of 2024 and remain close to that level through 2025.
Currently, the unemployment rate is 3.7%, according to the latest Bureau of Labor Statistics data.
Meanwhile, gross domestic product is estimated to fall from 2.5% in 2023 to 1.5% in 2024 — then rebound to 2.2% in 2025.
Compared with its February 2023 projections, CBO’s Friday report predicts weaker growth, lower unemployment, and higher interest rates in 2024 and 2025.