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Tag: inflation

ARLINGTON, VIRGINIA - AUGUST 20: In this photo illustration, a burger, fries, and chicken tenders from BurgerFi are displayed on August 20, 2024 in Arlington, Virginia. BurgerFi International warns of possible bankruptcy, joins growing list of embattled restaurant brands in 2024. (Photo Illustration by Tierney L. Cross/Getty Images)

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 Chains
The Marriner S. Eccles Federal Reserve Board building is seen in Washington, DC, March 16, 2022. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Fed 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 week
NEW YORK, NEW YORK - MARCH 10: A person shops for groceries at Lincoln Market on March 10, 2022 in the Prospect Lefferts Garden neighborhood of Brooklyn borough in New York City.The Labor Department reported that consumer inflation rose 7.9% over the past year, the largest rise since 1982, raising the prices of gas and consumer goods. Grocery costs rose to 8.6%, the biggest year-over-year increase since 1981, and gas prices increased 38% all within a 12 month period ending in February. (Photo by Michael M. Santiago/Getty Images)

Report: 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 Fed
HERCULES, CALIFORNIA - JUNE 07: A sign is posted in front of a Big Lots store on June 07, 2024 in Hercules, California. Discount retailer reported first quarter earnings that fell short of analyst expectations with net sales of $1.009 billion compared to $1.124 billion one year ago. (Photo by Justin Sullivan/Getty Images)

Big 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
MINNEAPOLIS, MN - MARCH 03: A voter arrives at a polling place on March 3, 2020 in Minneapolis, Minnesota. 1,357 Democratic delegates are at stake as voters cast their ballots in 14 states and American Samoa on what is known as Super Tuesday. (Photo by Stephen Maturen/Getty Images)

New NYT Poll Has Trump Leading Harris By Razor Thin Margins

A new New York Times poll has Republican presidential candidate Donald Trump narrowly edging out his Democrat opponent, Kamala Harris.

Read More New NYT Poll Has Trump Leading Harris By Razor Thin Margins
LOS ANGELES, CALIFORNIA - JUNE 02: A 'Now Hiring' sign is displayed outside a check cashing shop on June 2, 2023 in Los Angeles, California. Today’s U.S. labor report shows that employers added 339,000 jobs in May with sectors including construction, healthcare, business services and transportation adding jobs with wages showing 4.3 percent growth over the same period last year. (Photo by Mario Tama/Getty Images)

U.S. Economy Added 142K Jobs In August, Falling Below Expectations

The latest job growth report showed that job additions in August increased but missed economists’ estimates, with the unemployment rate staying nearly the same. 

Read More U.S. Economy Added 142K Jobs In August, Falling Below Expectations

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