A butcher stocks a display case with packages of steaks at a Costco store on May 24, 2021 in Novato, California. Justin Sullivan | Getty Images Don’t tell Costco executives that inflation is low. The big-box club chain said it’s been seeing accelerating prices across a range of products, including shipping containers, aluminum foil and…

This summer’s hottest cocktail comes in a can. Between 2019 and 2020, the premixed cocktails category in the US grew by 50%, according to industry tracker IWSR. The segment is still relatively small, accounting for only 3% of US spirits volume, based on data from the United States Distilled Spirits Council. However, companies and industry…

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Southwest Airlines said it is delaying plans to resume serving alcoholic beverages, after one of its flight attendants was assaulted and…

Americans are expected to spend roughly $4.7 billion on gas during the Friday through Monday of Memorial Day weekend, according to GasBuddy, an app and website focused on finding real-time fuel prices. That breaks down to about $1.18 billion spent on gas each day, give or take $1 million, Patrick De Haan, head of petroleum…

President Joe Biden and Vice President Kamala Harris receive an update on the fight against the coronavirus disease (COVID-19) pandemic as they visit the Centers for Disease Control and Prevention (CDC) in Atlanta, Georgia, U.S., March 19, 2021. Carlos Barria | Reuters President Joe Biden’s first budget proposal would give the largest funding boost in…

Roughly half of all Americans have received at least one dose of a Covid vaccine, based on Centers for Disease Control and Prevention data published Thursday, as nationwide infection levels continued their downward trend. New Covid cases are 23,033 per day, on a seven-day average, down 21% from a week prior, according to data compiled…

Southeast Asia’s e-commerce market could grow by more than $ 280 billion by 2030 if large online shopping marketplaces emerge Do more to encourage and empower women entrepreneurs, according to a new report from International Finance Corporation. The “anonymity” of e-commerce has lowered many of the barriers to entry women traditionally face and given them…

This Memorial Day weekend could offer the right combination of new releases, number of cinemas open, and heightened consumer confidence to break the $ 100 million box office mark. Since the beginning of the pandemic, theaters have struggled to draw moviegoers back, even with enticing titles like “Godzilla vs. Kong”, “Mortal Kombat” and “Wonder Woman…

Street performers in Minnie Mouse costumes walk past an AMC movie theater in New York’s Times Square at night on October 15, 2020. Amir Hamja | Bloomberg | Getty Images Investors short of meme stock AMC Entertainment have lost an estimated $ 1.23 billion in the past week, as stocks are up more than 116%…

Mike Ryan, Executive Director of the World Health Organization (WHO) Emergency Program, speaks at a press conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Denis Balibouse | Reuters A senior World Health Organization official said Friday that investigations into the origins of Covid-19 are “poisoned by politics.” US President Joe Biden announced on Wednesday…