inflation

Are Consumers ‘Done With Fast Food’ as Prices Climb?

Are Consumers ‘Done With Fast Food’ as Prices Climb?
Are Consumers ‘Done With Fast Food’ as Prices Climb?
May 05, 2024  |  Restaurant Roundup

Denis Montenaro, a regular McDonald’s diner, recently came to a decision. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
Fed Keeps Benchmark Rate Steady Because Inflation is ‘Too High’ 
May 02, 2024  |  Economy

This week, the Federal Reserve announced it will keep its benchmark interest rate in the same 5.25%–5.50% holding pattern that it has occupied since last...

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Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
May 01, 2024  |  Earnings

Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Mastercard: Tokenized Transactions Grow 50% Year Over Year
Mastercard: Tokenized Transactions Grow 50% Year Over Year
May 01, 2024  |  Earnings

Mastercard said in its most recent earnings report on Wednesday (May 1) that the shift to digital payments from cash is gaining strength, and contactless...

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Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
May 01, 2024  |  Earnings

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U.S. Labor Costs Grow as Workers’ Wages Climb
U.S. Labor Costs Grow as Workers’ Wages Climb
April 30, 2024  |  Economy

American labor costs rose more than anticipated last quarter, new government data shows. Get the Full Story Complete the form to unlock this article and...

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Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
Walmart Debuts ‘bettergoods’ in Massive Private Label Expansion
April 30, 2024  |  Retail

Walmart is expanding its private-label offerings with the debut of “chef-inspired” food brand bettergoods. Get the Full Story Complete the form to unlock this article and...

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Credit Card Delinquencies Dip Amid Continued Consumer Spending
Credit Card Delinquencies Dip Amid Continued Consumer Spending
April 29, 2024  |  Credit Cards

Credit card delinquency rates fell last month as consumers continued to spend. Get the Full Story Complete the form to unlock this article and enjoy...

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Bank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant
Bank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant
April 29, 2024  |  Healthcare

There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But...

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