Americans are feeling worse about the economy, partly because of fears about lasting inflation. Plus, lower demand for second homes.
Consumers forecast inflation at 3.3% this time next year and are less confident that their earnings will rise as much as they had expected.
McDonalds, KFC and Pizza Hut have reported soft sales as customers reject inflated prices. That means franchises have to get creative.
It’s largely about the chemistry of the oil and the mechanics of the refineries. In many cases, importing foreign crude is cheaper.
Nearly 50 million people in the U.S. have a substance use disorder, and most are in the workforce. Could employers take a bigger role in recovery?
Softer demand for second homes has led to greater inventory in some markets, but overall, the climate is still competitive for buyers.
The illegal game has similarities with a state lottery. For many Black residents of Detroit, it represented an opportunity.
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