economy

US economy is an area of the production, distribution and trade, as well as consumption of goods and services by different methods.

Olive Garden Parent Predicts Food Inflation Will Blow Over

Olive Garden Parent Predicts Food Inflation Will Blow Over
Olive Garden Parent Predicts Food Inflation Will Blow Over
June 23, 2022  |  Earnings

As restaurants face inflationary challenges, brands are taking different approaches to make the economics work both in the short and long term. Get the Full...

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US Jobless Claims Remain Near Historic Low
US Jobless Claims Remain Near Historic Low
June 23, 2022  |  Economy

Unemployment claims fell last week, remaining near their record low level, an indication of a tight American labor market even amid the threat of a...

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Restaurants Risk Losing Their Personal Touch, Say One in Four Diners
Restaurants Risk Losing Their Personal Touch, Say One in Four Diners
June 23, 2022  |  ResTech

As restaurants continue to face labor challenges, the temptation to go all in on digital technologies that reduce the amount of human work needed grows...

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Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
June 23, 2022  |  Retail

Retail sales volumes are down about 5% for the year through June, according to survey data from the latest Confederation of British Industry (CBI) Distributive...

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Inflation Is Paycheck-to-Paycheck Economy’s Public Enemy
Inflation Is Paycheck-to-Paycheck Economy’s Public Enemy
June 22, 2022  |  Economy

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BNPL Provider Zip Plans Fee Hikes to Offset Inflation, Interest Rates
BNPL Provider Zip Plans Fee Hikes to Offset Inflation, Interest Rates
June 22, 2022  |  BNPL

Australian buy now, pay later (BNPL) company Zip is planning merchant and consumer fee hikes to help it ride out a tough market environment of...

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‘Dinner and a Movie At Home’ Trend Lifts Chefs’ Warehouse, La-Z-Boy
‘Dinner and a Movie At Home’ Trend Lifts Chefs’ Warehouse, La-Z-Boy
June 22, 2022  |  Retail

As much as airlines and hospitality sector players have reported brisk bookings from consumers eager to get out and go somewhere this summer, the present...

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UK Shoppers Feel Squeeze as Average Annual Grocery Bill Rises by £380 YoY
UK Shoppers Feel Squeeze as Average Annual Grocery Bill Rises by £380 YoY
June 21, 2022  |  Economy

The Bank of England recently raised the key interest rate from 1% to 1.25%, and with the bank’s governor warning Britons that more hikes may...

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