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INDIANAPOLIS (WISH) — Here’s a look at Tuesday’s business headlines.
Americans’ inflation fears continued to accelerate in October, climbing for the 12th consecutive month in a row to another record high.
The Federal Reserve says the median expectation is that the inflation rate will be up 5.4%, one year from now, the highest level for the gauge since its launch in June 2013.
Steak N’ Shake
Struggling restaurant chain Steak N’ Shake plans to raise menu prices this quarter to boost profit margins.
Revenue at the struggling chain has yet to pull out of a tailspin that’s now stretching more than three years.
There are reports that some Steak N’ Shakes only have four workers at the moment.
Krispy Kreme’s stock is getting battered Tuesday morning after another downgrade.
Truist Financial is citing labor woes and rising wages that could derail…