Higher prices at Chipotle haven’t kept customers from visiting and spending at the fast-casual restaurant. They’re doing so because of value, executives said during the company’s quarterly earnings call. Chipotle saw its comparable restaurant sales increase 7% year over year during the first quarter, the company said in a Wednesday (April 24) earnings release. The company attributed […]
By Keisa Sharpe-Jefferson | The Birmingham Times Birmingham Mayor Randall Woodfin said Tuesday that a Birmingham Police Department operation launched earlier this month aimed at curbing exhibition drivers — leading to five arrests and seven vehicles and seven guns seized — “is not one weekend and done.” Woodfin told the council that Operation Knight Rider […]
Fed Powell Says Progress in Reducing Inflation Stalled (Second column, 5th story, link) Related stories:Market fear signals flashing redIMF Steps Up Warning Over Spending and Ballooning DebtThe overlooked threats to global financial system Drudge Report Feed needs your support! Become a Patron
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
On Friday’s broadcast of CNBC’s “Squawk on the Street,” BlackRock CEO Larry Fink stated that it will be difficult to reach 2% inflation and one reason is “We have a trillion dollars of fiscal stimulus in the CHIPS Act, the
UFC legend and former middleweight champion Michael Bisping said that he is "100%" willing to come out of retirement to fight his rival Luke Rockhold.Bisping, now 45, lost to Rockhold in the UFC in 2014 before beating him in 2016 for the middleweight championship despite filling in for another fighter on just two weeks notice. The 185-pound fighter would defend the title once before losing to Georges St. Pierre, who is viewed as one of the greatest fighters of all time. The Englishman retired a...
The adoption of AI is just getting started, offering astute investors the
New official figures show that inflation, the rate at which prices rise over time, fell again in March.
WASHINGTON >> A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid.
"Where is my life going?" "Who do I want to be?" As future-thinkers, adolescents spend significant time contemplating these types of questions about their life goals. A new study from the University of Houston shows that as people grow from teenagers to young adults, they tend to change the importance they place on certain life goals, but one thing is certain: The existence of high-prestige and education goals, as well as their positive development, can drive success.
Retail inflation has lessened, but businesses are still swamped by huge price increases in materials and servicesConsumer prices ticked up again in March, rising to anywhere from 3.2% to 3.8% year-over-year, depending on the rate you’re tracking. Of course, that’s way down from what it was back in 2022. But don’t tell that to any of my clients – or people running businesses in just about every industry across the country. For them, prices are not only rising but are significantly –...
Food and housing costs are the top expenses that continue increasing for Honolulu residents, eating at restaurants increased by more than 7% over the last 12 months, while rents have increased by 11%.