Restaurants across the United States have increasingly turned to the use of surcharges and fees to cover costs such as credit card processing, gratuities, and “inflation.” This practice has become more prevalent in recent years, with 15% of restaurant owners adding surcharges or fees to checks due to higher costs. In fact, 3.7% of restaurant
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In anticipation of the Federal Reserve’s upcoming interest rate decision in September, more and more investors are turning their attention towards dividend stocks. Paul Baiocchi of SS&C ALPS Advisors believes that this is a wise move, especially with his prediction of the Fed easing rates. He notes that investors are shifting away from money markets
The U.S. stock market experienced a significant rally on Friday following the dovish remarks made by Federal Reserve Chair Jerome Powell. Investors were quick to react positively to Powell’s indications that the central bank is likely to cut its key policy rate in September. This news solidified expectations of an upcoming rate cut, which would
The Biden administration has announced plans to resume providing free at-home Covid-19 tests to American households towards the end of September. This decision comes as the virus has made a resurgence in the United States during the summer months. With Covid cases on the rise, the administration is taking proactive measures to ensure the safety
The recent rail stoppage in Canada, initiated by the lockout of workers affiliated with the Teamsters union at Canadian National Railway (TSX:CNR) and Canadian Pacific (NYSE:CP) Kansas City, has raised concerns among economists and analysts. The potential economic fallout from an extended stoppage could have far-reaching consequences for Canada’s economy. According to Pedro Antunes, the
Recently, it has come to light that Perplexity AI, an artificial intelligence startup, is planning to introduce advertisements on its search app in the upcoming quarter. Despite the company’s increasing popularity and success, it has faced accusations of plagiarizing content from various media outlets, raising concerns about its content acquisition practices. Let’s delve deeper into
Several companies are making positive strides in pre-market trading, indicating potential growth and investor interest. Companies such as Crocs, Agilent Technologies, and Nordson experienced stock increases after surpassing expectations in their fiscal reports. This signifies strong performance and the possibility of sustained success in the future. Additionally, companies like Synopsys and Wolfspeed showed resilience in
BYD, the Chinese electric vehicle maker, has narrowed down its choices for the location of its new manufacturing plant in Mexico to three states. The firm’s country head, Jorge Vallejo, revealed that they are currently reviewing a variety of proposed incentives offered by these states. These incentives include fiscal benefits, land offerings, management assistance, and
The future of Paramount Global hangs in the balance as a new player enters the scene. Edgar Bronfman Jr. has thrown his hat into the ring with a competing offer that has set tongues wagging. Initially offering $4.3 billion for Shari Redstone’s National Amusements, the controlling shareholder of Paramount, Bronfman has now upped the ante
Disney’s stronghold on the summer box office is set to continue with the anticipated success of 20th Century Studios’ Alien: Romulus. The film is projected to top the box office charts for the ninth time this summer, with estimates placing its fifth weekend earnings above other popular films like Deadpool & Wolverine. As of Tuesday,
On September 5th, U2 fans will have the opportunity to immerse themselves in the legendary Irish band’s music like never before. V-U2: An Immersive Concert Film at Sphere Las Vegas is set to debut at the state-of-the-art venue where it was originally filmed. Directed by Morleigh Steinberg and U2’s founding guitarist, The Edge, this film
The recent downward revisions to U.S. payrolls, amounting to 818,000 jobs – the largest since 2009, have sparked a great deal of debate regarding their significance. Some are quick to interpret these revisions as a signal of an impending recession, drawing parallels to the economic downturn of 2009. However, it is crucial to carefully consider
Ford Motors recently announced a major shift in its electric vehicle strategy, opting to delay production of a next-generation all-electric pickup truck in Tennessee and cancel plans for a three-row electric SUV. Instead, the company will prioritize the development of hybrid models and electric commercial vehicles, such as a new electric commercial van in 2026,
The rise of online sports betting has had a detrimental impact on personal finances, especially among those who are already in a financially precarious situation. A recent study titled “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households” highlighted the concerning trends that have emerged since the legalization of sports betting in 38 states following