Category: Business & Economy

Wing Prices Inch Higher Heading Into Super Bowl

Wing Prices Inch Higher Heading Into Super Bowl

Feb 1, 2024 |

Get ready for slightly higher chicken wing prices as over one billion wings are set to be devoured during Super Bowl LVIII, according to estimates from the National Chicken Council. The game between the Kansas City Chiefs and San Francisco 49ers is expected to see 1.45 billion chicken wings and drumsticks consumed, driving up demand and prices. Despite potential cost increases, chicken wings remain a beloved snack among sports fans, and their popularity continues to soar.

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Americans in Record-Breaking Debt as Economic Storm Brews

Americans in Record-Breaking Debt as Economic Storm Brews

Jan 17, 2024 |

U.S. consumer debt is skyrocketing as Americans struggle to cope with a rapidly deteriorating economic environment. Credit card interest rates are at an all-time high, and delinquencies have reached their highest level since 2012. As a result, the U.S. is facing a looming recession in 2024, with the potential for a complete meltdown of economic and societal structures.

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Inflation Takes Toll: 60% of Americans Report Their Income Does Not Keep Up With Rising Prices in a Cooling Job Market

Inflation Takes Toll: 60% of Americans Report Their Income Does Not Keep Up With Rising Prices in a Cooling Job Market

Dec 17, 2023 |

Despite a cooling job market and Federal Reserve’s actions to curb economic growth, American workers are holding onto their bargaining power, with 64 percent experiencing pay increases in the 12 months after October 2022, according to a Bankrate survey. However, inflation is eroding their gains, affecting a majority of workers and highlighting income disparities among different demographic groups.

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Purchasing Real Texas Christmas Trees Boosts Economy

Purchasing Real Texas Christmas Trees Boosts Economy

Dec 1, 2023 |

Discover the economic significance of real Christmas trees in Texas as over 4 million trees are sold annually, contributing to a $714 million industry and supporting thousands of jobs. Explore the rich history and environmental benefits of these festive trees while considering their role in sustaining local economies and ecosystems.

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