with Anthony and Lucia Mitsios
Read More Biden-Harris Admin Shift Blame for High PricesTag: inflation
BurgerFi Files For Chapter 11 Bankruptcy Joining Other Restaurant Chains
BurgerFi filed for Chapter 11 bankruptcy on Wednesday, joining other restaurant chains that have already made the financial move.
Read More BurgerFi Files For Chapter 11 Bankruptcy Joining Other Restaurant ChainsInflation Slows, Fed’s Rate Decision in Focus: Expert Weighs In on Unrealized Capital Gains Tax Impact
The Consumer Price Index report shows inflation rose 0.2% in August, with prices up 2.5% from a year ago—the lowest yearly increase since early 2021.
Read More Inflation Slows, Fed’s Rate Decision in Focus: Expert Weighs In on Unrealized Capital Gains Tax ImpactFed expected to deliver quarter-percentage-point rate cut next week
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.
Read More Fed expected to deliver quarter-percentage-point rate cut next weekReport: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From Fed
Inflation rose once again in the month of August, causing stir from an outsize rate cut from the Federal Reserve when it meets next week.
Read More Report: Inflation Rises 2.5% In August, Lowering Hopes For Big Rate Cut From FedBig Lots Announces Filing For Chapter 11 Bankruptcy
Big Lots representatives stated on Monday that it has officially filed for Chapter 11 bankruptcy for protection from its massive debts, with the retailer citing “inflation and high interest rates” as reasons for filing.
Read More Big Lots Announces Filing For Chapter 11 Bankruptcy