December 3, 2022

Americans are spending like crazy at restaurants

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From Newsmax Spending at U.S. restaurants surged over the past three months by the most on record, making it both a bright spot for the economy and a risk if appetites for eating out return to normal. Sales at food-service and drinking establishments rose 1.3 percent in July to $61.6 billion, the Commerce Department reported […]

China’s economy is about to get pretty weird again

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By Linette Lopez From Business Insider We know two things about China right now. We know that pretty much all of the country’s July economic data was bad. And we know the government is unlikely to do much about it — at least not as much as it’s been doing since the beginning of the year, […]