DIRS.INFO The most relevant business & tech news

☆ Car owners claimed a bear trashed their Rolls-Royce. Insurers say it was fraud involving a person in a bear suit.
▼ + stars: | 2024-11-15 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

The California Department of Insurance said the "bear" was actually a person in a costume. AdvertisementFour Californians said a bear damaged their luxury car, but insurers have accused them of insurance fraud involving someone dressed in a bear costume. However, CDI investigators determined that the "bear" in the footage was actually a person wearing a bear costume, the press release said. Insurance fraud is a major issue in the US. According to the Coalition Against Insurance Fraud, it costs the country over $300 billion annually.

Persons: —, — Ruben Tamrazian, Vahe Muradkhanyan, Alfiya Zuckerman —, Royce, Mark Friedlander, Friedlander Organizations: California Department of Insurance, Service, CDI, California Department of Fish, Wildlife, San Bernardino County, Coalition Against Insurance, Insurance Information Institute, Fox Business, US Bureau of Labor Statistics Locations: California, Los Angeles, Ararat Chirkinian, Lake Arrowhead , California, San Bernardino, California , New York, Florida

☆ The small details in an interview that could cost you a job offer
▼ + stars: | 2024-11-10 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +5 min

Career experts spoke to BI about the small details in an interview that could cost you a dream role. Some job seekers report applying to hundreds of jobs before landing an interview. AdvertisementJulia Toothacre and Jerry Lee at career consulting firm Wonsulting, spoke to Business Insider about the tiny details things that could cost you a job offer. Lee, who previously worked at Google, said he would usually smile at the receptionist and chat a little before every interview. "If you don't have anything, that is a signal to them that you're not necessarily taking the interview seriously."

Persons: —, Julia Toothacre, Jerry Lee, Wonsulting, Lee, Toothacre, she's, it's, I've Organizations: BI, Service, US Bureau of Labor Statistics, Google

☆ America’s economy explains a lot about why Trump got reelected
▼ + stars: | 2024-11-06 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

That explains a lot about why Trump was reelected. Why the US economy stings so muchHousing: America’s home prices have reached new record highs for 15 straight months. No, really, the US economy is greatStill, Trump will be inheriting a strong economy — on paper, anyway. But they’re still growing at a 3.9% adjusted rate, according to the Department of Labor. Consumer spending, which accounts for more than two-thirds of America’s economy, is surging, rising 3.7% last quarter, the highest rate of growth since the first quarter of 2023, according to the BEA.

Persons: Donald Trump’s, Trump, Joe Biden, Kamala Harris, they’re, Biden, Covid, That’s, Trump’s Organizations: CNN, Republican, US Department of Housing, Urban Development, Bank of America, Brookings Institution, White, Democratic, Democrat, Companies, Bureau of Labor Statistics, Gross, Economic, International Monetary Fund, Labor, BEA Locations: America

☆ America won the war on inflation. You still think the economy stinks
▼ + stars: | 2024-10-31 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

Although sentiment is improving (more on that soon), poll after poll suggests that Americans hold largely negative views about the US economy. And the US economy remains a job-creation machine, adding 368,000 jobs per month on average during the Biden administration, a record high. But they’re still growing at a 3.9% adjusted rate, according to the Department of Labor. A recent study from the Brookings Institution, released last week, found a correlation between economic sentiment and political affiliation with the party in control of the White House. When Trump took office, Republican economic sentiment surged, while Democratic sentiment cratered.

Persons: Kamala Harris, Joe Biden, Biden, Trump, Covid, That’s, Donald Trump, they’re Organizations: CNN, Bureau of Labor Statistics, Gross, Economic, International Monetary Fund, Labor, BEA, US Department of Housing, Urban Development, Bank of America, Brookings Institution, White, Democratic, Republican, Democrat

☆ Hiring Is Broken. LinkedIn Thinks AI Can Fix It, and Help Your Career.
▼ + stars: | 2024-10-29 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +9 min

It was an AI recruiter. And LinkedIn wants to fix the disconnect, in part by fighting AI … with AI. AdvertisementEarlier this year, the company rolled out new AI tools to premium subscribers. ZipRecruiter also rolled out revamped AI tools to help job seekers find better matches this summer. AdvertisementCanseco has not yet tried LinkedIn's AI tools because she isn't a premium user, but she could get access to them soon.

Persons: Paloma Canseco, She's, Robin, Canseco, Robin wasn't, I'm, Rohan Rajiv, Rajiv, Monster, résumés, Hayley Finegan, Finegan, who's, Josh Bersin, they're, Julia Pollak, ZipRecruiter's, ZipRecruiter, Millie Black, she's, Black Organizations: LinkedIn, US Bureau of Labor Statistics, Human Resource Management

☆ Newly jobless hurricane survivors would exhaust aid sooner without Disaster Unemployment Assistance
▼ + stars: | 2024-10-21 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

Currently, the jobless in North Carolina can only receive up to 12 weeks of state unemployment benefits, among the skimpiest in the nation. (Applicants must first exhaust their state unemployment benefits.) Plus, disaster jobless benefits are available to many types of workers who don’t qualify for state unemployment insurance, such as gig workers, farmers and the self-employed. Still, it can be difficult for the newly jobless to secure either state or disaster unemployment benefits, particularly those whose homes and businesses have been heavily damaged or destroyed by storms. It took Miranda Escalante five days to apply for unemployment assistance.

Persons: Jen Hampton, Helene, Asheville’s, Hampton, we’re, ”, “ We’re, ” Michele Evermore, Roy Cooper, Miranda Escalante, Hurricane Helene, Escalante, Alex Smith, we’ll, ” Escalante, Evermore, — Asheville’s, “ Organizations: CNN, Asheville Food, Beverage United, “, Unemployment, The Century Foundation, state’s, Employment Security, Gov, Emergency Management Agency, Center, Budget, US Bureau of Labor Statistics, Asheville Locations: North Carolina, ”, Florida, Georgia, North Carolina’s, Asheville

☆ Why economists and strategists still say a recession is postponed, despite a startling inflation report
▼ + stars: | 2024-10-13 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Contradictory messages about inflation and the labor market have investors on guard. Price growth is slowly falling from its peak, but it exceeded expectations in September after a hot reading in August. AdvertisementInflation is a threat that won't sink the economyWhile there's plenty of economic data to get excited about, persistent price growth is a problem. "If we're going to be data dependent, we have to at least look at the data," Sosnick said. Higher-than-hoped inflation is rarely compatible with an economic downturn, so if price growth does persist, it likely won't be in an earnings-crushing contraction.

Persons: —, Steve Sosnick, they've, John Kerschner, Janus Henderson, Sosnick, Preston Caldwell, Morningstar's, Jim Baird, Plante, Baird, Joe Quinlan —, Skyler Weinand, Regan, Weinand, We've Organizations: Service, US, of Labor Statistics, Federal Reserve Bank of Atlanta, Interactive Brokers, Business, Manufacturing, Index, Janus, Janus Henderson Investors, Equity, Financial, Merrill, Private Bank, Bank of America, Regan Capital, Fed Locations: China

☆ A former investment banker who changed careers has 3 tips if you're considering switching industries
▼ + stars: | 2024-10-07 | by ( Jaures Yip | ) www.businessinsider.com time to read: +7 min

Angie Chen left investment banking to become a campaign marketer after feeling burned out. AdvertisementOne year after starting her investment banking job, Angie Chen received her bonus. "I used to feel so cool saying I worked in finance, in investment banking, I'm not going to lie," she told Business Insider. Chen, who made content about her investment banking career on TikTok, said that her social media inspired her to consider entering the marketing industry. Network with 'warmer contacts'While cold messaging on LinkedIn is a common strategy, Chen suggested trying to obtain "warmer contacts," or contacts suggested by mutual connections.

Persons: Angie Chen, Chen, —, I'm Organizations: Service, US Bureau of Labor Statistics

☆ Job interviews: How young people can ace them
▼ + stars: | 2024-10-04 | by ( Kristen Rogers | ) edition.cnn.com time to read: +11 min

CNN —Megan Rathmell thought she’d bombed her job interview earlier this year, assuming her nervousness and lack of preparation had cost her the opportunity. SDI Productions/E+/Getty ImagesWhat Rathmell learned from her boss mirrors what hiring managers say: Some Gen Z college graduates are unprepared for job interviews or behave unprofessionally during job interviews. Some people think they can just wing a job interview, said Stacie Haller, chief career advisor at ResumeBuilder. How to handle the actual job interviewDressing professionally for both in-person and virtual interviews is important regardless of whether it’s for a fast-food restaurant, retail store or office job, experts said. When you’re given the chance to ask questions, ask what you’ve prepared.

Persons: Megan Rathmell, she’d, “, ”, Rathmell, unprofessionally, Nathan Mondragon, Mondragon, Stacie Haller, Haller, you’ve, it’s, Nicolas Roulin, you’ll, Roulin, they’re, don’t, —, you’re, they’ll Organizations: CNN, SDI, US Bureau of Labor Statistics, Saint Mary’s University, United, Services Locations: Virginia, ResumeBuilder, Canada, Colorado, New York

☆ Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says
▼ + stars: | 2024-09-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAccording to a Harris poll from September 2023, about 45% of adults aged 18 to 29 were still living with their parents. However, the "Oracle of Wall Street" economist — so known for correctly predicting the 2008 crisis — did not foresee a recession, given that stronger cohorts would continue to power the economy. Aside from Gen Z and millennial consumers, top-earners are also helping keep the US economy afloat, Whitney noted. Those raking in over $150,000 are still active in the economy, though buying has shifted toward essentials over discretionary products.

Persons: —, Meredith Whitney —, Harris, Whitney, McDonald's, Gen Z Organizations: Service, Financial Times, Business, Whitney, US Bureau of Labor Statistics, Dollar

☆ Calling in sick is now a lot more complicated
▼ + stars: | 2024-09-08 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

But despite their industrious reputation, predominantly white-collar Americans who do receive paid time off are taking more sick leave than ever before. AdvertisementBut HR professionals told Business Insider there's another major shift affecting attitudes toward sick leave: the arrival of Gen Z in the office. He said he believed that Gen Z workers' expectations may seem unorthodox because the differences between Gen Z and millennials are starker than generational differences in the past. Pressure to keep workingIn the UK, where legislation has entitled all workers to sick pay since 1983, the issue of sick leave isn't as pertinent. How to treat a sick employeeThough some data suggests US workers are taking more sick days, they're hardly becoming slackers.

Persons: —, Gen Z, Rue Dooley, Xer, Dooley, Z, Xavier Lorenzo, Getty, Gen, Cary Cooper, Cooper, that's, they're Organizations: Service, US Bureau of Labor Statistics, Business, Society for Human Resource Management, Chartered Institute, Personnel, University of Manchester, Pew Locations: Europe, California

☆ The hottest gift you can give a tech bro isn't something new — it's something old
▼ + stars: | 2024-09-06 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

It's another example of how tech bros aren't necessarily interested in modern gift trends. Net-a-Porter's former top personal shopper told BI many tech bros get a thrill from owning history. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But when it comes to tech bros and the types of gifts they like to give and receive, it's all about the "something old."

Persons: Mark Zuckerberg, Priscilla Chan, —, Aaron Mok Organizations: bros, Service, Tech, Business, US Bureau of Labor Statistics

☆ Trump says he ‘made a lot of money’ so he should have a say in when you get a rate cut
▼ + stars: | 2024-08-09 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

If reelected, Trump said Thursday he’d go further: He’d try to exert direct power over monetary policy. He gets a little bit too early and a little bit too late,” Trump said. Still, Trump has recently advocated against a rate cut before the election, saying such a decision from the Fed would be a gift to the Democratic party. Rate cuts tend to reduce borrowing costs for consumers and businesses, freeing up cash to to spend and boosting the economy. Presidents frequently gripe about Fed policy, but Trump’s public pressure campaign is in a league of its own.

Persons: Donald Trump, Trump, he’d, ” Trump, “, ”, Jerome Powell, Powell, reappoint Powell Organizations: CNN, Federal Reserve, Federal, US Bureau of Labor Statistics, Fed, Democratic, Bloomberg Locations: Powell’s, Turkey

☆ Why immigration is boosting the US economy, according to Nobel economist Paul Krugman
▼ + stars: | 2024-07-24 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Read previewImmigration isn't taking jobs away from Americans — and it's actually great for the US economy, according to Nobel laureate Paul Krugman. The unemployment rate among native-born workers remains near a historical low US Bureau of Labor Statistics/Federal ReserveThe labor force participation rate among native-born workers has been on the decline, but among prime-age native-born workers, the labor force participation rate has actually been rising, Fed data shows. Advertisement"So the near stagnation of native-born employment isn't a demand-side issue, in which people aren't working because they can't find jobs. If we didn't have the immigrants, we wouldn't have the jobs," Krugman wrote. AdvertisementOther economists and strategists on Wall Street have said immigration could end up being a big boost to the economy.

Persons: —, it's, Paul Krugman, Trump, Krugman, they've, We've, There's, aren't Organizations: Service, The New York Times, Business, Federal Reserve, Bureau of Labor Statistics, US, of Labor Statistics, Fed, Congressional, Office Locations: America, Foreign

☆ 8 drinks bartenders never order in the summer
▼ + stars: | 2024-07-16 | by ( Casey Clark | ) www.businessinsider.com time to read: +1 min

Business Insider asked bartenders which drinks they would never order in the summer. The bartenders also said to steer clear of drinks with dairy and lots of sugar. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Las, US Bureau of Labor Statistics, Business

☆ California put up its fast-food wage to $20. Its governor is adamant it's not causing employment to fall.
▼ + stars: | 2024-07-05 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

But BLS data shows that employment in California's limited-service restaurant industry dips in the winter. Related storiesThe BLS data includes employment at all limited-service restaurants, including those exempt from the new minimum wage. The year-over-year growth in limited-service restaurant employment is a continuation of a trend seen before the pandemic, too, with total employment in the industry growing every year. AdvertisementThe $20 minimum wage was introduced to support workers in a state with a notoriously high cost of living. Have you been affected by California's new $20 minimum wage?

Persons: —, Gavin Newsom, Newsom, Newsom's, Tom Manzo, It's Organizations: Service, Business, California, Industrial Alliance, Hoover Institution, Stanford University, Wall Street, California Employment Development Department, US Bureau of Labor Statistics, BLS Locations: California, USA

☆ A retired couple gets $23 monthly from SNAP and uses credit cards to buy groceries. They worry about going hungry.
▼ + stars: | 2024-06-17 | by ( Allie Kelly | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Dacus and her husband have to stick to a tight budget: their household only receives $23 a month from SNAP. But some struggling families, like Dacus', don't receive enough help, or their income is considered too high to receive any help at all. But $23 a month in food benefits isn't even close to affording what they need to eat. SNAP benefits don't always align with household needsAmerica's SNAP program provides low-income households with money to grocery shop, and the qualifying criteria is based on the federal poverty line. Yet, many households like Dacus' don't receive the maximum because their income isn't low enough.

Persons: —, Mary Dacus, graham, Stephen, creamer, Dacus, ALICEs, It's Organizations: Service, Foods, Business, Chicago —, Walmart, SNAP, of Labor, Pew Research Center, US Department of Agriculture, Women Locations: Robinson , Illinois, Chicago

☆ The job market has 3 weak spots that could bring steeper Fed rate cuts, Goldman Sachs says
▼ + stars: | 2024-06-17 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Comparing today's job market to previous years when the Fed cut rates also shows some cause for concern. AdvertisementIf the job market continues to weaken, that makes a greater case for the Fed to cut rates, the bank said. Related storiesHere are three areas of labor market weakness that could mean more downside for interest rates:1. Employment is also falling among workers aged 16-24, the "most volatile" cohort of the job market, strategists added. Just 10%-15% of new labor market entrants are finding a job, according to Goldman's analysis of labor market data.

Persons: —, Goldman Sachs Organizations: Service, Federal Reserve, Business, Labor, Fed, Department of Labor, Goldman Sachs Global Investment Research, of Labor Statistics, Goldman, Industries, Labor Department Locations: ManpowerGroup

☆ ‘Just too burnt out’: Child care crisis crunches providers
▼ + stars: | 2024-06-15 | by ( Meena Duerson | Tami Luhby | ) edition.cnn.com time to read: +7 min

Nationwide, the average yearly cost of care rose to $11,582 per child last year, according to Child Care Aware of America’s latest annual report. The basic costs of employing enough staff to comply with legal and safety requirements in child care centers are already high. The typical hourly wage for a child care worker in Wisconsin is $13.78, according to the US Bureau of Labor Statistics. Facing a “child care cliff”The historic $24 billion federal investment helped more than 225,000 providers nationwide — or more than 8 in 10 licensed child care centers — and affected as many as 10 million children. My First Adventure Child Care and Preschool serves 60 families but will close this summer.

Persons: Susan Elandt, ” Elandt, I’m, “ It’s, “, Elandt, what’s, ”, Lydia Higgins, Higgins, ” Higgins, she’s Organizations: CNN, Nationwide, of Columbia, US Bureau of Labor Statistics, The Century Foundation Locations: Waupaca , Wisconsin, Wisconsin, Waupaca

☆ Is a recession coming? Economists say look at women’s lips
▼ + stars: | 2024-06-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Estee Lauder chairman Leonard Lauder created the lipstick index during the economic downturn following September 11, 2001. In fall 2001, US lipstick sales increased by 11%. “The lipstick index has been substituted with the moisturizing index,” said Freda. But data shows that more expensive prestige beauty sales are outpacing mass, lower-priced beauty sales. What do you see dominating the beauty market in the second half of the year?

Persons: Estee Lauder, Leonard Lauder, Fabrizio Freda, ”, Freda, “, Sephora, Bell, Neela Montgomery, Laura Mercier, We’ve, it’s, Skincare, It’s, we’re, Inflection’s, OpenAI, Sarah Myers West, ” West, Brian Fung, Jerome Powell, Price Organizations: CNN Business, Bell, New York CNN, CNN, Federal Trade Commission, Microsoft, FTC, Justice Department, Google, Nvidia, DOJ, US Department of Treasury, OPEC Monthly, Federal Reserve, US Bureau of Labor Statistics, Signet Jewelers, Federal Locations: New York, Asia

☆ Delivering food on an e-bike or moped is a deadly endeavor in New York City
▼ + stars: | 2024-06-04 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +9 min

New York City delivery workers who don't use cars have one of the deadliest jobs in the city. There are now more than 65,000 app-based restaurant delivery workers in the city, and about 80% of them use e-bikes and motorbikes. The city report found that 28.7% of e-bike or moped delivery workers experienced injuries that forced them to miss work, lose consciousness, or seek medical care. They're asking for wider protected bike lanes, or even separate lanes for e-bikes and mopeds, and charging facilities for e-bikes. Indeed, "New Yorkers are dependent on app delivery workers to keep them safe and fed during times of crisis," she added.

Persons: —, takeout, Eric Adams, it's, Jose Alvarado, Andrew Lichtenstein, Brad Lander, Uber, DoorDash —, Ligia Guallpa, Guallpa, DoorDash, Guallpa's, Lander Organizations: Service, Business, Department of Consumer and Worker Protection, US Bureau of Labor Statistics, Bureau of Labor Statistics, Bloomberg, Yorkers, New York Times, Department of Transportation, Getty, City, York, Workers Justice Locations: New York City, York, New York, South Bronx, York City, City, Manhattan, Williamsburg , Brooklyn

☆ She was the first Black woman to fly in the US Air Force. Now this trailblazing pilot is getting ready for her final flight
▼ + stars: | 2024-05-23 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +9 min

“To still impart that knowledge on young people, and particularly young black women, that they can do this.”Becoming a pilot was something Claiborne, originally from Virginia, could never have imagined for herself as a young girl. When asked about the transition to flying commercial planes, Claiborne stresses that “a pilot is a pilot.”“You’re in different type organizations, but you’re still a pilot,” she adds. So this is an opportunity for her to really enjoy herself.”Increasing diversityClaiborne is committed to increasing pilot diversity and will continue to mentor young women. It’s estimated that there are less than 150 Black women pilots in the US, and Claiborne feels a huge responsibility as one of them. While this may be the end of her commercial flying career, Claiborne isn’t necessarily saying “goodbye” to piloting forever, and would love to fly a World War II aircraft one day.

Persons: CNN — She’s, Theresa Claiborne, “ I’ve, ” Claiborne, Claiborne, “, ”, I’d, ” “, Caliborne, Ruth Bader Ginsburg, you’re, I’ve, Bessie Coleman, she’s, “ I’m, it’ll, they’d, Claiborne isn’t, ‘, ’ ” Organizations: CNN, Newark Liberty International, Air Force Reserve, Corps, US Air Force, California State University, KC, United Airlines, United, ”, US Bureau of Labor Statistics, It’s, Tuskegee Airmen Locations: New Jersey, Lisbon, Portugal, Virginia, Turkey, Sacramento, Claiborne, United States, Newark , New Jersey, Paris, Newark

☆ For adults, autism diagnosis can unlock a new life
▼ + stars: | 2024-05-09 | by ( Matt Villano | ) edition.cnn.com time to read: +10 min

Jesse Grant/Getty ImagesFor some, an adult autism diagnosis is an inflection point — the moment in which a clearer and more fulfilling existence starts anew. Whatever the perspective, an adult autism diagnosis is an identity builder, instantaneously minting new members of the growing autism community. How to get help Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters. “This is why a diagnosis can be so important.”An autism diagnosis can be everythingAdults are seeking formal autism diagnoses in record numbers, according to providers and practitioners who specialize in autism. “Getting an autism diagnosis, becoming part of the autism community, has completely recontextualized my life,” said Sellergren, who was diagnosed in 2021 at age 44.

Persons: CNN — John Frizzell, David Hume, ”, Frizzell, Beavis, John Frizzell, Jesse Grant, —, Lindsay Naeder, Michael Chez, Ingrid Boveda, Boveda, ‘, Quinten Harvey, ” Harvey, “, Vanessa Bal, Bal, neurodivergence, Autism, Naeder, Ed Asner, Spencer Harte, Harte, I’m, ” Harte, “ I’m, Bird Sellergren, Sellergren, ” Matt Villano Organizations: CNN, “, US Centers for Disease Control, Autism, US Bureau of Labor Statistics, International Association for Suicide Prevention, Befrienders, Autism Society, Research, Sutter Institute for Medical Research, Harvey Psychological Services, Rutgers University’s Graduate School of Applied, Professional, Rutgers, Team, Hollywood Locations: United States, Sacramento , California, Salt Lake City, neurodivergence, Los Angeles, San Francisco, Northern California, whalehead.com

☆ Fast food feels more expensive than ever before, and people are sick of it. Here's why.
▼ + stars: | 2024-05-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

Analysts say fast-food prices feel particularly painful because they're rising faster than grocery prices. Fast-food prices have been shooting upRestaurant prices are determined by "two major categories" — food costs and labor costs, Citi analyst Jon Tower told BI. Related storiesFast-food chains put up their menu prices to reflect the higher food costs and payrolls. AdvertisementGrocery inflation is coolingFast food seems particularly expensive right now because grocery inflation is cooling much more rapidly, analysts BI spoke to said. AdvertisementBut the inverse is also true — grocery stores benefit much more than restaurants when food inflation cools.

Persons: —, Jim Sanderson, Jon Tower, Sharon Zackfia, William Blair, Price, Danilo Gargiulo, Bernstein, Gargiulo, they've, Garguilo, Sara Senatore, Chad Frye Organizations: Analysts, Service, Northcoast Research, Citi, US Bureau of Labor Statistics, Bank of America Locations: Russia, Ukraine, California

☆ A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
▼ + stars: | 2024-04-25 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

Joyce Preston, who's from the UK, turned 100 in March. It was also the year that Joyce Preston, who turned 100 years old last month, was born in the British town of Stockport. There, she starts her day by doing yoga or gentle exercise and loves going for walks. Joyce Preston/ Care UKPreston never married, and her biggest tip for reaching 100 is to "stay single." Joyce Preston/ Care UKBe religiousAs a founding member of an independent evangelical church, religion is important to Preston, and she believes it has contributed to her long life.

Persons: Joyce Preston, —, Preston, Bryan Johnson, Paul Dolan, Preston doesn't, Rose Anne Kenny, doesn't, Joseph Maroon, Heidi Tissenbaum Organizations: Service, Care UK's, Court, Abney Court, Abney Court Care, US Bureau of Labor Statistics, Care, London School of Economics, Guardian, gerontology, Trinity College Dublin, LongeviQuest, University of Locations: who's, Ottoman Empire, Soviet Union, Stockport, Preston, Abney, Latin America

Search resuls for: "US Bureau of Labor"

25 mentions found