House Armed Services Democrat: Trump has ‘lowballed expectations’ around Putin meeting

Rape Adam Smith (D-Calif.), Ranking member of the House Armed Services Committee, said on Wednesday that the expectations for President Trump’s meeting with Russian President Vladimir Putin in Alaska are low. “I think President Trump has really likely like the expectations of low balls. With his conversation [Ukrainian President Volodymyr] With Zelancesi and Europe show…

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Brinker CEO credits Chili’s growth to marketing

Brinker International CEO Kevin Hochman unpacked the company’s recent quarter in an interview with CNBC’s Jim Cramer, describing marketing strategies that have improved business. “We refortified our marketing budgets. Three years ago, we spent about $32 million in marketing,” Hochman said. “This past fiscal we just finished, we spent $137 million. So they actually have…

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Coffee and tea prices ramp up due to tariffs

While last month’s consumer price index showed that food prices were effectively flat month over month, tariff-sensitive items like coffee beans, specialty teas and spices are showing signs of inflation, worrying small businesses selling those products. According to the Bureau of Labor Statistics, coffee prices surged 14.5% in July year over year. The average retail price…

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