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Teen spending hits 20-year low
Adolescence is usually marked by high spending on clothes, concerts, and dining. However, teens in 2020 have some of the lowest spending levels in two

Food producers are hiring and going green despite the pandemic
Food companies have been doing the unexpected for the past few weeks: hiring new workers and switching to environmentally sustainable packaging. Food-makers have experienced increased demand for snack products causing

Second Largest Cinema Company Suspends All Operations
Cineworld Group, the owner of Regal Cinemas, is closing its 127 U.K. and 536 U.S. locations indefinitely, the movie theatre company announced Monday. The announcement comes

Americans are hungry and their snack purchases prove it
If you’re ever wondering when to get into the snack food business, now might be the time. PepsiCo reported on Oct. 1 that their latest

Covid-19 Halloween shopping estimates frightens retailers
Halloween is expected to be quite scary this year for retailers. A report from the National Retail Federation expects a steep eight percent decrease in Halloween-related sales,

Stimulus Talks Heat Up as Travel and Tourism Economy Cools Without Relief
Treasury Secretary Steven Mnuchin and Speaker of the House of Representatives, Nancy Pelosi, continue negotiations for a second federal stimulus package since President Donald Trump

Waiting times at drive-thrus slow as pandemic demands soar
As the popularity of drive-thrus has increased during the coronavirus pandemic, so have wait times. A report from Seelevel HX, a market research company, showed wait

Americans are cash strapped making economic recovery risky
Americans are coming to grips with their spending habits as new data shows that personal incomes are declining. According to a report from the U.S. Bureau of

Disney lays off 28,000 workers as theme parks struggle to survive
After months of furlough, 28,000 Disney employees have been sent home permanently, according to a company statement released on Sept. 29. Most of the employees affected worked

Facebook Messenger, Instagram Messenger now Integrated
Facebook Messenger, Instagram Messenger now Integrated Ben Forbes Social media giant Facebook has now integrated its messenger platform with Instagram’s direct messenger. The move comes