every year. This is because inflation causes the price of goods and services to increase, meaning that consumers must incur more debt in order to pay for those goods and services. As inflation increases, wages may not always keep up, leading to increased consumer debt. Additionally, rising levels of income inequality can also contribute to increased consumer debt, as some individuals and households may take on more debt in order to keep up with their peers.
IHOP has rolled out a new biscuit menu nationwide for the first time in the history of the chain, as it attempts to capitalize on the popularity of biscuits and revive its slowing sales. The menu includes items such as biscuit sandwiches, breakfast skillets, biscuit sides, and even dessert-style dishes such as a cinnamon roll […]
Yes, it is possible for Starbucks to face a lawsuit alleging that its Refresher fruit drinks are missing fruit. Consumers could potentially file a class-action lawsuit alleging that Starbucks’ Refresher products contain less of the promised fruit ingredients than what is portrayed on their packaging. The legal basis for the lawsuit would be that the […]
Delta has announced changes to its SkyMiles program that will make it harder to get access to airport lounges and earn elite status. The new rules will require customers to purchase higher fare ticket types in order to earn lounge access on certain flights and higher spending requirements to qualify for elite status. The changes […]