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Nov 27 2023
News
In response to Subway merger, Elizabeth Warren calls for FTC to investigate America's 'sandwich shop monopoly'
Subway might not be the only one that's freshly baked. Sen. Elizabeth Warren (D–Mass.) thinks the government should investigate America's alleged "sandwich shop monopoly." "We don't need another private equity deal that could lead to higher food prices for consumers," Warren tweeted a Sunday. She was responding to a Politico piece reporting that the Federal Trade Commission (FTC) is probing
Reason
Nov 27 2023
News
Elizabeth Warren wants to break up Big Sandwich
The senator recently opposed what she says would constitute a sandwich shop monopoly. THE CHALLENGES MATT GAETZ FACES AFTER LEADING HOUSE INTO UNCERTAINTY Earlier this year, the private equity firm Roark Capital signed a $10 billion purchase agreement to buy Subway — the company already owns sandwich shops such as Jimmy John's, Arby's, McAlister's Deli, and Schlotzky's. "We don't need another
Washington Examiner
Nov 27 2023
News
New home sales fell more than expected after spike in mortgage rates
Sales of new U.S. homes fell more than expected in October as a spike in mortgage rates weighed heavily on consumer demand.
New single-family home purchases plummeted 5.6% to a seasonally adjusted annual rate of 679,000 units, the Commerce Department reported Monday. Economists surveyed by Refinitiv expected new home sales — which account for a small percentage of total sales — to come
Fox Business
Apr 28 2023
News
US consumer spending flat in March; core inflation still strong
U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, which could see the Federal Reserve raising interest rates again next month.
The unchanged reading in consumer spending last month, reported by the Commerce Department on Friday, followed a downwardly revised 0.1% gain in February. Consumer spending, which accounts for more than two-
Fox Business
Nov 24 2023
News
Small Business Saturday In Cinnaminson: See Which Shops, Restaurants You Can Support
CINNAMINSON, NJ — Between Black Friday and Cyber Monday, shoppers have a day to put small businesses in the forefront. And plenty of Cinnaminson shops, restaurants and establishments will participate in Small Business Saturday. Founded by American Express in 2010, the unofficial holiday began as a way to celebrate and support small businesses. The new tradition is designed to encourage
Patch.com
Nov 24 2023
News
Small Business Saturday In Gloucester Twp.: See Which Shops, Restaurants You Can Support
GLOUCESTER TOWNSHIP, NJ — Between Black Friday and Cyber Monday, shoppers have a day to put small businesses in the forefront. And plenty of Gloucester Township shops, restaurants and establishments will participate in Small Business Saturday. Founded by American Express in 2010, the unofficial holiday began as a way to celebrate and support small businesses. The new tradition is designed to
Patch.com
Nov 24 2023
News
Small Business Saturday In Cherry Hill: See Which Shops, Restaurants You Can Support
CHERRY HILL, NJ — Between Black Friday and Cyber Monday, shoppers have a day to put small businesses in the forefront. And plenty of Cherry Hill shops, restaurants and establishments will participate in Small Business Saturday. Founded by American Express in 2010, the unofficial holiday began as a way to celebrate and support small businesses. The new tradition is designed to encourage
Patch.com
Nov 24 2023
News
Small Business Saturday In Queens: See Small Biz List
Founded by American Express in 2010, Small Business Saturday is sandwiched between the major Black Friday retail shopping holiday that tends to favor national brands and Cyber Monday, an online shopping event that this year takes place on Nov. 27. The following local businesses are just some of those participating in this year's event, according to American Express’ Small Business Saturday
Patch.com
Apr 11 2023
News
Brush fire consuming parts of 800-acre park in Teaneck, N.J.
TEANECK, N.J. -- Brush fires popped up in at least three separate places across the state of New Jersey on Tuesday. There were reports of flames in Jersey City, Teaneck and down in Manchester Township, near Toms River. Chopper 2 was live over Bergen County, where dry and windy conditions contributed to a five-alarm brush fire in Teaneck. Fourteen fire departments responded to the scene, where
CBS News (Online)
Nov 24 2023
News
Here’s what we know so far about Biden’s ‘Plan B’ for student loan forgiveness
President Joe Biden’s new plan to forgive student debt is likely to look much different than his first.
After the Supreme Court ultimately blocked Biden’s policy that would have cancelled up to $20,000 in student debt for tens of millions of people in June, the president immediately announced that he would attempt to deliver the relief another way.
His administration has already
CNBC