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HIGH INFLATION IMPACT ON RESTAURANTS
US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...- China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
- FOREX-Dollar steadies following US strikes on Iran and ahead of inflation dataThe dollar held steady as U.S. strikes on Iran followed a helicopter incident, though President Trump downplayed the event. Investors await...
- US stocks: S&P 500, Nasdaq fall as tech selling resumes, Trump vows to react to downed US helicopterU.S. stocks fell Tuesday as technology shares reversed earlier gains amid renewed selling pressure. President Trump's vow to respond to Ira...
- "I don't hire Indians": Indian-origin restaurant owner in Texas says her 7 Monk’s Cafe has "almost no Indian staff", internet calls it 'casual racism'A Texas restaurant owner has gone viral for her unique hiring approach. 7 Monk's Cafe Texas, serving Indian and Mediterranean food, intenti...
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- El Niño clouds loom over kharif crops, farm payA developing El Niño event thousands of miles away poses a significant threat to India's agriculture. This weather phenomenon is linked to ...
- Odd timing of FIFA matches may keep bars, restaurants from joining partyIndian sports bars and restaurants anticipate lower customer numbers for the 2026 FIFA World Cup. Unfavorable match timings, with late-nigh...
- Inflation poses bigger risk than growth this fiscal as monsoon and crude weigh on rural demand: NuvamaIn FY27, India's economy grapples with inflation that hits hardest in rural regions, where rising food prices become an urgent concern. The...
- India inflation likely rose to 4% in May as food, fuel costs climbIndia's inflation likely climbed to the Reserve Bank of India's 4% target in May, driven by rising vegetable prices and increased fuel cost...
- India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimisticDespite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company execut...
- Gas at $4: Americans cut back on discretionary spends as fuel bills mountAmericans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting ...
- Rupee at 100: The cost of pretending numbers don't matterThe rupee's fall against the dollar is more than just a number. Like age, it brings real-world impacts. The value of 100 rupees affects dai...
- Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
- Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
- The great food delivery reset: How small restaurants are challenging commission-driven delivery modelsIndia's booming food delivery sector faces a growing challenge as independent restaurants question the sustainability of high commission fe...
- RBI flags inflation risks, revises CPI outlook for FY27 upwards to 5.1%The Reserve Bank of India has raised its inflation forecast to 5.1% due to rising energy prices and an uncertain food outlook. Governor San...
- Fed's Schmid says choice is between patience and rate hikes to tamp down inflationKansas City Fed President Jeffrey Schmid signaled the central bank may need to consider rate hikes as inflation hovers near 3.5%, staying a...
- RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda ReportThe Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely ma...
- LPG Cylinder Price Today (June 1): Check domestic gas rates in Delhi, Mumbai, Kolkata, Chennai after commercial rates hiked by Rs 42 in capitalLPG Domestic Cylinder Price today: Commercial LPG cylinder prices saw a significant increase of up to Rs 53.50 on June 1, 2026, impacting b...
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