inflation

FTC Junk Fee Crackdown Leaves Restaurants Feeling Queasy
FTC Junk Fee Crackdown Leaves Restaurants Feeling Queasy
August 25, 2024  |  Regulation

The Biden administration’s anti-junk-fee campaign is targeting the restaurant sector. But as CNBC reported Sunday (Aug. 25), restaurateurs are trying to avoid this fight. The...

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Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
August 22, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market...

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Atlanta Fed: Firms’ Year-Ahead Inflation Expectations ‘Relatively Unchanged’ at 2.2%
Atlanta Fed: Firms’ Year-Ahead Inflation Expectations ‘Relatively Unchanged’ at 2.2%
August 21, 2024  |  Economy

Firms’ year-ahead inflation expectations remained “relatively unchanged” in August, staying just above where they were before the pandemic, the Federal Reserve Bank of Atlanta said Wednesday...

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U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
U. Mich Survey Shows Consumer Sentiment Improves, but Inflation Worries Linger
August 16, 2024  |  Economy

Things may get better over the longer term, but right now things are tough. To that end, the University of Michigan’s Consumer Sentiment Index, gauging...

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Consumer Sentiment Remains Steady, Subject to Their Presidential Election Expectations
Consumer Sentiment Remains Steady, Subject to Their Presidential Election Expectations
August 16, 2024  |  Economy

Consumer sentiment has remained fairly steady thus far in August, inching up 2.1% compared to the previous month and down 2.3% compared to August 2023....

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Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
August 15, 2024  |  Economy

The urge to splurge resurged in July as consumers shrugged off inflation and visited on-site retailers to conduct their everyday spending. As reported by the...

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4 in 10 Independent Restaurants Use Real-Time Payments
4 in 10 Independent Restaurants Use Real-Time Payments
August 15, 2024  |  Real-Time Payments

The restaurant industry faces financial strain due to inflation and economic downturns, with sales growth projections for 2024 cut to 3.8% from earlier estimates. As...

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Inflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
Inflation Is Down. Will Paycheck-to-Paycheck Consumers Notice?
August 14, 2024  |  Economy

Inflation is at a multiyear low, according to July’s Consumer Price Index from the U.S. Department of Labor. Inflation has broken through an important psychological...

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Name Brands and Private Labels Battle for Grocery Shelf Space
Name Brands and Private Labels Battle for Grocery Shelf Space
August 14, 2024  |  Retail

There’s a battle brewing over shelf space in America’s grocery stores. As The Wall Street Journal (WSJ) reported Wednesday (Aug. 14), this conflict is being driven by...

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