Goodbye, Ruby Tuesdays: Why Times Are So Tough for Restaurants
– The St. Louis Post-Dispatch
One government index shows that while grocery prices fell by 2.2 percent last year, restaurants have increased their prices an average of 2.4 percent. As a result, the difference between the cost of going out to eat and the cost of eating at home is greater than it has been in 30 years. The St. Louis Post-Dispatch explores this “perfect storm” that is striking the restaurant industry.
Trump Could Really Mess Up Mexico’s Economy
It’s estimated that Mexican workers in America, many in entry level jobs, send 2 billion dollars back to their families in Mexico every month. That steady stream of cross-border money might be in jeopardy as part of President Trump’s plan to make Mexico pay for a border wall. FiveThirtyEight looks at the potential impacts of this dynamic on Mexico’s economy and those US-based workers.
Go Ahead, Write a Check for Your Coffee, I’ve Got All Day
– The Wall Street Journal
Despite the relentless march of electronic payments and debit cards, Americans still write about 17 billion checks, infuriating everyone in line, especially baffled millennials.
Trump 101: What He Reads and Watches
What kind of news is Donald Trump reading and watching? Axios explores the media consumption habits of the new President of the United States.