Iconic Philly cheesesteak shop may raise prices as beef costs surge: ‘Sticker shock’
The head of an iconic Philadelphia cheesesteak restaurant says he may be forced to raise the price of his $13.49 ...
Tag: inflation
The airstrikes in the Israel and Iran are having a global impact on Wall Street
Wall Street’s myopia was on full display in the immediate aftermath of the Israeli airstrikes against Iran. Many of us ...
JPMorgan Chase CEO Jamie Dimon issues stark warning on economy
JPMorgan boss Jamie Dimon sounded the alarm on the US economy — again. The nation’s top banker — who has ...
US stocks rise on China trade deal, tame inflation data
US stocks inched higher Wednesday morning following news of progress on a trade deal with China and inflation data that ...
US inflation rises 2.4% as Trump tariffs still haven’t sparked major price hikes
US inflation rose in line with forecasts in May, although so-called “core inflation” came in lower than expected as the ...
Hooters closes dozens of restaurants after bankruptcy filing
Hooters has closed dozens of restaurants nationwide just a few months after filing for bankruptcy as a slump in consumer ...
Wholesale prices plunge by most since 2020 despite Trump tariffs
US wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Trump’s sweeping taxes ...
Soaring egg prices cost restaurant owner $20K more each week
A rampant bird flu outbreak has sent egg prices soaring and the dining industry scrambling to catch up – with ...
Denny’s to close nearly 30 more locations as inflation, bird flu slam chain
Denny’s is planning to close nearly 30 more restaurants than previously announced as stubborn inflation threatens the 72-year-old chain’s survival. ...
US inflation rose 3% in January, higher than expected
US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...
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