inflation
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News
Donald Trump’s victory is a beacon of hope across the world
Millions of people around the world were holding their breath last night. I’ve talked to Europeans to try to get…
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Business
Denny’s to close 150 restaurants, slash hours, menu items amid inflation woes
Denny’s is slimming down. The budget-friendly, and belly-busting chain, will close 150 underperforming locations over the next year, cut hours…
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Life Style
Let ’em eat steak! NYC restaurants serve up cheaper cuts to lure inflation-battered red meat fans
Record-high steak prices have forced savvy Big Apple restaurateurs to serve cheaper options — like steak frites — to lure…
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Business
Key inflation gauge doesn’t include credit card interest, property taxes
The key gauge to measure inflation does not take into account major expenses that have surged for consumers since the…
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Business
Ex-Target exec says holidays to disappoint, shoppers ‘running out of money’
Former Target vice chairman Gerald Storch on Thursday warned that holiday spending will likely disappoint this year as inflation-battered consumers…
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Life Style
This is how much the American Dream costs in 2024
It costs an arm and a leg to live in the land of the free. The price of the American…
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Business
True Value files for bankruptcy after 75 years, blames weak housing market for plunging sales
True Value filed for Chapter 11 bankruptcy on Monday and is seeking to sell the 75-year-old business to a rival…
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Business
McDonald’s CEO predicts 2025 will be a ‘challenging year’
McDonald’s anticipates that 2025 will be “another challenging year” for the fast food chain which has seen inflation-hit customers pare…
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Business
Inflation rose 2.4% last month — higher than expected
Inflation came in hotter than expected last month — dimming hopes for another big interest rate cut from the Federal…
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Business
Fed minutes show big rate cut favored by ‘substantial majority’
A “substantial majority” of Federal Reserve officials at the central bank’s September meeting supported beginning an era of easier monetary…
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