Cheddar Afternoon News Briefings of October 17th 2023

News Briefings

This is your daily news briefing from Cheddar retail sales rose by 0.7% in September from the previous month exceeding expectations. The September retail sales figures released today are not adjusted for inflation indicating consumers kept up with price increases. Federal reserve chair Jerome Powell is set to make remarks Thursday where Wall Street expects an update on rate hikes. Fewer than 26% of households in America have someone working remotely at least once a week. That's the lowest rate since the pen and a sharp decline from 37% in early 2021. That according to the Census bureau just proves the push to get workers back into the office is working. John Legend announced his first tech start up a social app called It's Good. It will give personalized food and travel recommendations and will compete with platforms like Yelp and Google reviews. The recommendations come from users, social circles, celebrities and other public figures and that news update I'm a do in New York.