Food inflation leads diners to cheaper menu items

Consumers are still dining out, but instead of higher-priced entrees, many are ordering more appetizers. As food inflation and affordability dominates the conversation about the U.S. consumer, new restaurant purchasing data shows even among Americans who are going to restaurants, many are in the mindset of cutting back. “Appetizer orders are up 20% year over…

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UK economy unexpectedly shrunk before Budget

Pedestrians walk past British Union flag designs on advertisements. Simon Dawson | Bloomberg | Getty Images The U.K. economy unexpectedly contracted 0.1% in the three months to October, according to official figures released Friday. Economists had expected 0% growth over the period. It follows a 0.1% expansion over the three months to September. The Office…

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Fed interest rate decision December 2025:

A  Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between…

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U.S. will finish the year with 3% GDP growth

U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at Lincoln Center on December 03, 2025 in New York City. David Dee Delgado | Getty Images Entertainment | Getty Images More CNBC coverage on U.S. economy The latest report on inflation, delayed by the government shutdown, showed…

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Euro zone inflation in November 2025

A Christmas market in Cottbus, Germany. Picture Alliance | Picture Alliance | Getty Images Euro zone inflation stood at 2.2% in November, marking a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday. The latest consumer price index reading is just a shade above the European Central Bank’s 2% target….

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