Inflation is producing, and hiding, hunger in Southern California:
ocregister.com/2022/12/03/inflation-is-producing-and-hiding-hunger-in-southern-california
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| Last Updated | Dec 05 22 |
| Total Articles | 2 |
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SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
Los Angeles Prices Jump 4% as Inflation Reignites in Some Cities: Los Angeles is seeing the biggest price gains in more than a year as inflation reawakens across ...
bloomberg.com/news/articles/2024-04-10/los-angeles-prices-jump-4-as-inflation-reignites-in-some-cities
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Fast-food businesses hiking prices because of higher minimum wage sound like Gordon Gekko
usatoday.com/story/opinion/voices/2024/04/24/california-minimum-wage-restaurants-fast-food-raise-prices/73332922007/
99 Cents Only Stores will close all 371 of its outlets effective Friday: California-based 99 Cents Only Stores says it will close all 371 of its outlets ...
apnews.com/article/99-cents-only-store-closures-0f44cf157c8d8a23085ee8ab4e2f7878
Quick Glance: 99 Cents Only to Close All 371 Stores and Cease Longstanding Business
- After more than four decades, 99 Cents Only will close all 371 of its stores and cease its business operations.
- The decision was made due to various challenges, including the COVID-19 pandemic, shifting consumer demand, inflationary pressures, and increasing levels of shrinkage.
- The closure of 99 Cents Only reflects a broader weakness in the dollar-store category, with other major retailers also announcing store closures.
- Established in 1982 in Los Angeles, 99 Cents Only was a trailblazer in single-price retail and faced pressure from rising wages and competition from larger chains.
Restaurants that raised menu prices in California after new wage law: Restaurant owners from two-store operators to some of the state's biggest have upped menu ...
businessinsider.com/restaurants-that-raised-menu-prices-california-after-new-wage-law-2024-4
Inside the fall of the iconic L.A. chain 99 Cents Only: The deep-discount retailer started in L.A. in 1982 and grew to 371 stores. Now all are closing ...
latimes.com/business/story/2024-04-10/99-cents-only-what-went-wrong
California fast-food workers will get $20 minimum wage, starting Monday: Debate is hot about the impact of a higher minimum wage. Half a million Californians ...
npr.org/2024/03/30/1241451631/california-fast-food-20-minimum-wage
How immigration is helping the economy defy expectations: Policymakers are increasingly pointing to an immigration influx and a bolstered U.S ...
thehill.com/homenews/4581122-how-immigration-is-helping-the-economy-defy-expectations/
Why child care costs are soaring: Wages in the industry have risen fast in the last few years — but they're still pretty low.
axios.com/2024/04/16/child-care-costs
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Inflation report March 2024: Consumer prices accelerated in March to 3.5%: Inflation remained elevated once again in March, adding another round of price ...
nbcnews.com/business/economy/inflation-report-march-2024-percentage-how-high-interest-rate-cuts-rcna146991
FTC calls out profits as a driver of grocery prices: A new Biden administration report is raising questions about the cause of rising food prices ...
thehill.com/business/4564255-ftc-calls-out-profits-as-a-driver-of-grocery-prices/
California fast-food workers’ minimum wage win stirs up old economic debate: Business groups claim hard-fought $20 hourly wage victory will cause reduced hours ...
theguardian.com/us-news/2024/apr/06/california-fast-food-workers-minimum-wage-impacts
The 5 states with the highest inflation and the 5 with the lowest. See where yours ranks
usatoday.com/story/money/2024/04/09/states-highest-lowest-inflation/73184932007/
Pay was starting to outpace US inflation. Can it keep up?: Stubborn inflation is not only upsetting investors who await interest rate cuts ...
csmonitor.com/Business/2024/0416/worker-pay-wages-inflation-economy
Paid articlePaidQuick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Why the abundance of personal injury lawyer billboards? : Experts say there are good reasons for the abundance of personal injury law firm billboards in Los ...
latimes.com/california/story/2024-04-24/personal-injury-law-firm-billboards-in-los-angeles
U.S. economy takes a step backward in April, S&P surveys show, as demand weakens: New orders decline and businesses reduce employment for first time since the ...
marketwatch.com/story/u-s-economy-takes-a-step-backward-in-april-s-p-surveys-show-feb89e82
Covid scarred the global economy in permanent but unequal ways: The most profound insight in the World Economic Outlook report are the asymmetric effects of the ...
dailymaverick.co.za/opinionista/2024-04-23-covid-scarred-global-economy-in-permanent-but-unequal-ways/
Central Bank concerned about rising interest rates: Central Bank Governor John Rolle said in a speech to the Chartered Financial Analysts Society ...
thenassauguardian.com/business/central-bank-concerned-about-rising-interest-rates/article_733edc2c-00e5-11ef-9e6e-570eef6bbba5.html
Number of homicides plunges in major cities after pandemic-era surge: The nation is on pace to see one of the most significant declines in homicides since Obama ...
axios.com/2024/04/16/homicide-rate-us-voters-trump
Global growth rate slows to 2.6% in 2024 amid uneven recovery: UNCTAD: RIYADH: Global economic growth is anticipated to slow to 2.6 percent in 2024 ...
arabnews.com/node/2496606/business-economy
‘A blow to the soul.’ Inflation forces Mid-Cities food pantry to close after 25 years
star-telegram.com/news/local/article287770815.html
California franchisee warns fast food 'has become a luxury': The California franchisee warned that customers have to "think twice" about whether they can afford ...
businessinsider.com/fast-food-has-become-a-luxury-restaurant-prices-california-wage-2024-4
What a Queens Florist Teaches Entrepreneurs About Small-Business Resilience: The story of the past few years of Ditmars Flower Shop's fortunes lays bare the ...
inc.com/bruce-crumley/what-a-queens-florist-teaches-entrepreneurs-about-small-business-resilience.html
How has the Bank of England dealt with four years of shocks?: Its credibility is battered but intact. It can do better
economist.com/britain/2024/04/04/how-has-the-bank-of-england-dealt-with-four-years-of-shocks
U.S. small business optimism hit its lowest level in 12 years: Small business owners are still navigating economic headwinds after the COVID-19 pandemic
qz.com/us-small-business-owners-inflation-sales-consumers-1851397059
Moody's April projection says India's GDP set to expand 6.1% in 2024: New Delhi, Apr 12 (PTI) Moody's Analytics on Friday projected India's economy to ...
deccanherald.com/business/economy/moodys-april-2024-projection-says-indias-gdp-set-to-expand-61-in-2024-2975238
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
Central banks have spent down their credibility: That will make inflation trickier to handle in future
economist.com/leaders/2024/04/03/central-banks-have-spent-down-their-credibility
Central banks have spent down their credibility: That will make inflation trickier to handle in future
economist.com/leaders/2024/04/03/central-banks-have-spent-down-their-credibility
Quick Glance: Inflation down in German states, signaling national decline
- Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.
- Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.
- German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.
- An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
How has the Bank of England dealt with four years of shocks?: Its credibility is battered but intact. It can do better
economist.com/britain/2024/04/04/how-has-the-bank-of-england-dealt-with-four-years-of-shocks
Crime statistics: More violence and young suspects - Police are looking for explanations
rundschau-online.de/welt/kriminalitaet-mehr-gewalt-und-junge-taeter-polizei-sucht-erklaerungen-772405
Klaus-Dieter Grosch wants to know how many poor there are in Kamen: Left/GAL demands report
hellwegeranzeiger.de/kamen/klaus-dieter-grosch-will-wissen-wie-viel-arme-es-in-kamen-gibt-linke-gal-fordert-bericht-w867753-1001054601/
World Bank sees Western Balkan economies growing but reforms needed: Economic growth in the six Western Balkan countries is projected to rise 3 ...
reuters.com/markets/world-bank-sees-western-balkan-economies-growing-reforms-needed-2024-04-11/
Focus: Soaring insurance costs hit as US buyers finally get a break on car prices
reuters.com/markets/us/soaring-insurance-costs-hit-us-buyers-finally-get-break-car-prices-2024-04-11/
SBA chief says business applications record reflects pandemic recovery: New business applications have reached their highest-ever level under any presidential ...
axios.com/2024/04/12/sba-small-business-applications-isabel-casillas-guzman
EHI study: Vacancies and rent reductions concern shopping centers: Corona, inflation and e-commerce: The general conditions for shopping centers have not changed ...
lebensmittelzeitung.net/handel/nachrichten/ehi-studie-leerstaende-und-mietminderungen-beschaeftigen-shopping-center-177104
Paid articlePaid How It Started ... How It's Going: Inflation-adjusted hourly wages lower today than when Biden took office
foxbusiness.com/economy/started-going-inflation-adjusted-hourly-wages-lower-today-biden-took-office
Sectors guilty of greedflation: The pandemic and the energy crisis gave Greek companies an opportunity to significantly increase their profit margins ...
ekathimerini.com/economy/1235815/sectors-guilty-of-greedflation/
Getting Gen Alpha: Millennials gave birth to ‘Generation Alpha.’ Are these kids already doomed?
thestar.com.my/news/focus/2024/04/07/getting-gen-alpha
Blackstone’s Encore to Raise $500 Million of Preferred Equity: Employment in nearly one-third of US states remains below pre-pandemic levels ...
bloomberg.com/news/articles/2024-03-25/employment-in-16-us-states-remains-below-pre-pandemic-levels
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Will the US unemployment rate continue at historic lows?: US job growth has continued at a steady clip in months since COVID pandemic, but experts are looking ...
aljazeera.com/economy/2024/4/4/will-the-us-unemployment-rate-continue-at-historic-lows
Airlines take off as demand for overseas holidays soars: Virgin Atlantic says it should return to profitability this year while Ryanair and Wizz Air have posted ...
heraldscotland.com/news/24229558.airlines-take-off-demand-overseas-holidays-soars/
Economy to post subdued growth for at least three years: The multilateral lender said the economy would grow at 5.6 percent in 2023-24, lower than the South ...
thedailystar.net/business/economy/news/economy-post-subdued-growth-least-three-years-3580671
Poverty in Argentina neared pandemic levels before Milei’s austerity: About 41.7% of Argentines were living in poverty in the second half of the year, up from 40 ...
batimes.com.ar/news/economy/poverty-in-argentina-neared-pandemic-levels-before-mileis-austerity.phtml
Here’s What’s Really Going on With Skyrocketing Food Prices: Rising grocery prices are frustrating consumers across the nation — including President Biden ...
foodandwine.com/usa-inflation-food-costs-8622334
Gastronomy in the north under pressure - Closings feared: Dehoga sees the catering industry in SH and HH facing a challenging year. Further business closures are ...
shz.de/deutschland-welt/schleswig-holstein/artikel/gastronomie-im-norden-unter-druck-schliessungen-befuerchtet-46740217
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