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Grocery stores play on our sense of nostalgia with older music, and strategically placed items may trigger impulse buys, experts say.
CEO Jamie Dimon also cited economic worries, including the Ukraine war and inflation, in the big bank’s move to conserve cash.
“To keep our great team, we have raised our wages significantly,” said Kristin Thalheimer Bingham, co-owner of Dean’s Sweets in Portland, Maine.
Energy, food and rent were big drivers of the 9.1% inflation reading. Where are those numbers headed?
Congress is considering a Pentagon funding bill that would continue a “basic needs allowance” for low-income service members.
The central bank has made its portfolio a key part of monetary policy. But the balance sheet’s economic impact isn’t entirely clear, experts say.
“Productions have to start making choices” due to inflation and supply snags, says Winston Cho of The Hollywood Reporter.
Rent growth is expected to ease after interest rates slow down homebuying. It will take even longer for inflation numbers to reflect that.
Gig workers now have access to unemployment benefits as the economy has opened back up.
Some private-sector sources are reporting that year-over-year rent increases slowed down in June. This could be good news for inflation, but not anytime soon.
