For decades, alcohol sales have provided restaurants with high-margin income, often accounting for up to 30% of total revenue in fine dining. Unlike perishable food items, alcohol offers a longer shelf life and lower labor costs, making it a financial cornerstone for eateries. However, US Surgeon General Vivek Murthy’s latest…
Federal Reserve officials at their December meeting expressed concern over inflation and the impact that President-elect Donald Trump’s policies…
China’s inflation data for December has raised fresh concerns over deflationary pressures, underscoring the persistent challenges facing the world’s…
The Biden administration is preparing a final round of export restrictions on advanced artificial intelligence (AI) chips, marking a…
Canadian politics and its economy are in the spotlight following Prime Minister Justin Trudeau’s resignation and escalating tensions with…
UK retailers are bracing for a significant cost increase in 2025, estimated at £7bn, due to higher employer national…
Britain’s recent bond market turmoil has evoked unsettling comparisons not just to the Liz Truss mini-budget debacle of 2022,…
El Salvador continues to defy global financial norms by expanding its Bitcoin reserves, adding 11 BTC to its holdings…
In 2024, Venezuela faced a difficult situation. The country’s yearly inflation rate reached a staggering 85%, a significant increase…