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☆ Most Americans tip 15% or less at a restaurant — and some tip nothing, poll finds
  + stars: | 2023-11-20 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +1 min
When it comes to dining, tipping at least 15% to 20% is traditional etiquette, say experts. Almost 1 in 5, 18%, of people tip less than 15% for an average meal at a sit-down restaurant — and an additional 2% tip nothing at all, according to a Pew Research Center survey, which polled 11,945 U.S. adults. More than a third, 37%, said 15% is their standard tip. "That did surprise me," Drew DeSilver, co-author of the study, said of finding that more than half of people, 57%, tip 15% or less. Pew hasn't done historical polling on tips, so it's unclear how these shares have trended over time.
Persons: Drew DeSilver Organizations: Pew Research Center, Finance
☆ It's not just inflation — corporate greed is also partially to blame for the rising prices you're paying
  + stars: | 2022-02-12 | by ( Paul Constant | ) www.businessinsider.com   time to read: +6 min
He said inflation is measured using a "market basket" of goods and services. The CPI can't fully explain inflation's rise — some price increases go to corporate profits, he says. Our own experience as consumers informs us that prices on various goods and services are rising, and the inflation rate, derived from the CPI, confirms that our experience is true. But what the CPI can't explain — at least, not fully — is how and why inflation is rising. The United Kingdom, for example, reported a 5.4% inflation rate in December.
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