Inflation-weary restaurant diners are trading down, up and over. And apparently ending up at Cava. The Washington, D.C.-based chain on Thursday reported same-store sales up 14.4% for the July 14-ended second quarter, including a 9.5% increase in traffic. That comparable sales result laps an 18.2% increase a year ago, for a two-year sales increase of more than 32%.

Inflation-weary consumers are trading down, up and over to Cava

CBS News

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  It may be hard to believe now, but it wasn't that long ago that mortgage interest rates were near historic lows. On August 27, 2020, the average rate on a 30-year loan was 2.91%. One year later, it had dropped even further to just 2.86%. However, as the pandemic and influencing economic factors waned, inflation rose dramatically and by June 2022 it was at a 40-year high. Interest rates soon followed, and by August 2023, the average mortgage interest...

Here's when mortgage interest rates could fall below 6%

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NewsNinja

"They get more than us, Why nobody told me about this?". If you're looking for a tasty option that won't break the bank, a Chick-fil-A's kids' meal might be just what you're after. It seems like a great deal. In fact, some people argue it's a better deal than a regular adult meal. This TikToker took the audience through the ins and outs of this meal.

Chick-fil-A customer says they’ll never order a full meal again after seeing kids’ meal

24/7 Wall St.

It is never too early to start your investment journey. If you wait until you have enough money to start investing, you could end up waiting forever. With thousands of stocks to choose from, it is easy to begin with any amount of cash. The trick is to pick the right stocks and hold on […]
The post 3 Stocks Under $50 Smart Investors Should Buy Hand Over Fist appeared first on 24/7 Wall St..

3 Stocks Under $50 Smart Investors Should Buy Hand Over Fist

The Motley Fool

If you are feeling hungry, here are three restaurant stocks that can dish out delicious returns for your portfolio over the long term.

3 Restaurant Stocks to Buy and Hold for Great Long-Term Potential

Super Micro Computer has achieved a leadership position in the artificial intelligence (AI) server market due to internal manufacturing capabilities and a unique building-block approach to product design. Supermicro missed earnings estimates by a wide margin in the most recent quarter, but margins should improve as liquid cooling solutions reach...

1 Stock-Split AI Stock to Buy Before It Soars 185%, According to a Wall Street Analyst

If you bought a home with a high mortgage rate in recent years, refinancing could make sense. But here are two mistakes to watch out for.

2 Costly Mistakes to Avoid When Refinancing Your Mortgage

Plymouth, MA

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Dianna Carney

The Plymouth Public Library Foundation has announced the return of its Annual Arts and Crafts Festival, a two-day celebration that promises to be a highlight of the summer season. Set to take place on the scenic Plymouth Public Library Lawn, the festival will run from 10 AM to 4 PM on both Saturday, August 10th, and Sunday, August 11th. This family-friendly event is designed to offer something for everyone, making it a perfect outing for people of all ages.

50+ Artisans, Food Trucks & More: Get Ready For The 5th Annual Arts and Crafts Festival

‘This is a game changer.’ Ordering off the kid’s menu comes with a certain set of expectations. Small portions, lower prices—possibly an age restriction—but generally, nothing too off-base as far as ordering food.

‘For $6, who cares?’: Applebee’s customer shocked after ordering both adult and kids’ cheeseburgers

One of the world's most successful hedge fund managers boasts an extremely concentrated portfolio, so it attracts attention when he makes big changes.

Billionaire Investor Bill Ackman Has 100% of His $10 Billion Portfolio in Just 9 Stocks, But There Were Seismic Changes During the Quarter

Los Angeles County, CA

Herbie J Pilato

It's been 25 years since TV personality the five-times Emmy-nominated Gene Rayburn who, from the 1960s to the 1980s, hosted The Match Game game show, died from congestive heart failure at 81. This is his story.

In Memory of 'Match Game' TV Host Gene Rayburn: 25 Years After His Tragic Death

The 30-year mortgage rate average dipped 7 basis points Wednesday, pushing the average down to 6.32%. That's the third day of declines, and it returns the flagship average to within a few basis points of the almost 17-month low registered two weeks ago. Most other new purchase mortgage rates also moved lower on Wednesday.

Mortgage Rates Drop for Third Day, to Lowest Level in More Than Two Weeks

Nestle announced Thursday that it it replacing Mark Schneider as its CEO with a long-time executive. This comes as the world’s largest packaged food seller is facing pressure from cash-strapped consumers tired of price hikes. Suggested Reading. Schneider had been with the company for the past eight years and...

Nestle CEO steps down as price hikes turn off consumers

These stalwarts can boost your passive income for a happy retirement.

2 High-Yield Dividend Stocks to Buy Hand Over Fist

Delaware State

Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. The former MLB star Alex Rodriguez has once again found himself in the spotlight, this time due to his intriguing reaction to the news of his ex-fiancée Jennifer Lopez's impending divorce from Ben Affleck. The couple, who were once the talk of the town, ended their engagement a few years ago, and since then, both have moved on. However, Rodriguez's recent social media activity has reignited public interest in his past relationship with Lopez.

Alex Rodriguez's Reaction to Jennifer Lopez's Divorce Is Going Viral

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  The mortgage market has been on a wild ride over the last several years. It all started when rates plummeted to historic lows in 2020 and 2021, with 30-year mortgage rates dipping below 3%. As the economy rebounded and inflation surged in the two years following, things changed drastically. The Federal Reserve embarked on an aggressive rate-hiking campaign, which drove up mortgage rates significantly and made it tough to borrow at an affordable rate.With the Fed rate remaining locked...

What will mortgage interest rates look like this September?

Peloton stock soared on its latest earnings report. Can it keep gaining?

Peloton Is Surging. Is the Connected Fitness Stock Finally a Buy?

Tech giant Nvidia will hold its second-quarter earnings call on Aug. 28, and analysts are having a field day discussing the potential implications. With investors expecting to see profits of more than double year-over-year as well as record-breaking revenue, many stock market insiders are calling it the event of the year.

Analysts come unglued ahead of Nvidia earnings call — $10T within 5 years

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

The stock market allows investors to build wealth by tying their savings to the growth of the best businesses in the world. Shopify and Coupang are two leaders in online shopping, going after a massive global e-commerce market. Both companies have been growing their revenues at over 20% annually, which...

2 Growth Stocks That Could Double By 2030

NewsBreak

CAVA has found consumers’ sweet spot for value

There were very few exceptions to an otherwise dismal second-quarter earnings season for the restaurant industry. On Thursday, we learned that CAVA was one of them....

CAVA has found consumers’ sweet spot for value

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