Major supermarket with 165 locations may close store doors after reporting more than $500k lost to shoplifting
Theft has become a huge issue for retailers nationwide in recent years, but the situation is particularly grave at a Giant Food location in Southeast Washington DC.
Stocked, hens just started laying, and have 5 gal buckets of beans, rice, flour, sugar, and basics. Added 4 more cans of coffee. It is our 4% grocery tax break until Oct 31.
Mortgage rates continue to climb — and could reach 8% soon
Even though mortgage rates have already reached their highest point in 20-plus years , there's a chance they could climb even higher — even as high as 8%. It all depends on how the Federal Reserve decides to tackle stubborn inflation in the next few months, economists told CBS MoneyWatch.
Fed officials said they believe high inflation is still enough of a threat to the U.S. economy to possibly warrant additional interest rate increases to help combat the issue, according to minutes released this week from their July policy meeting.
Should the Fed decide to raise rates again at its next meeting in September, it would be the 12th in 18 months and could mean even higher costs for homebuyers.
Major supermarket with 165 locations may close store doors after reporting more than $500k lost to shoplifting
Theft has become a huge issue for retailers nationwide in recent years, but the situation is particularly grave at a Giant Food location in Southeast Washington DC.
DON'T STEAL, DEMS DON'T LIKE COMPETITION.
https://www.newsbreak.com/washington-dc/3123365756833-major-supermarket-with-165-locations-may-close-store-doors-after-reporting-more-than-500k-lost-to-shoplifting
Stocked, hens just started laying, and have 5 gal buckets of beans, rice, flour, sugar, and basics. Added 4 more cans of coffee. It is our 4% grocery tax break until Oct 31.
SLICED CHEESE WAS UP 50 CENTS OVER LAST WEEK.
Mortgage rates continue to climb — and could reach 8% soon
Even though mortgage rates have already reached their highest point in 20-plus years , there's a chance they could climb even higher — even as high as 8%. It all depends on how the Federal Reserve decides to tackle stubborn inflation in the next few months, economists told CBS MoneyWatch.
Fed officials said they believe high inflation is still enough of a threat to the U.S. economy to possibly warrant additional interest rate increases to help combat the issue, according to minutes released this week from their July policy meeting.
Should the Fed decide to raise rates again at its next meeting in September, it would be the 12th in 18 months and could mean even higher costs for homebuyers.
https://www.newsbreak.com/news/3127932595781-mortgage-rates-continue-to-climb-and-could-reach-8-soon?_f=app_share&s=a3&share_destination_id=MTcyODI5MjA3LTE2OTIzODg4Nzk5NDk%3D&pd=0BhAlruD&hl=en_US&send_time=1692388879&actBtn=floatShareButton&trans_data=%7B%22platform%22%3A1%2C%22cv%22%3A%2223.32.2%22%2C%22languages%22%3A%22en%22%7D