U.S. markets open in 5 minutes
  • S&P Futures

    3,699.00
    -10.00 (-0.27%)
     
  • Dow Futures

    29,593.00
    -76.00 (-0.26%)
     
  • Nasdaq Futures

    11,379.00
    +2.25 (+0.02%)
     
  • Russell 2000 Futures

    1,678.70
    -7.40 (-0.44%)
     
  • Crude Oil

    78.75
    +0.01 (+0.01%)
     
  • Gold

    1,652.80
    -2.80 (-0.17%)
     
  • Silver

    18.84
    -0.07 (-0.37%)
     
  • EUR/USD

    0.9661
    -0.0027 (-0.28%)
     
  • 10-Yr Bond

    3.7530
    +0.0560 (+1.51%)
     
  • Vix

    31.90
    +4.55 (+16.64%)
     
  • GBP/USD

    1.0852
    -0.0005 (-0.04%)
     
  • USD/JPY

    144.0780
    +0.7580 (+0.53%)
     
  • BTC-USD

    19,103.23
    +33.66 (+0.18%)
     
  • CMC Crypto 200

    437.69
    -6.85 (-1.54%)
     
  • FTSE 100

    6,961.21
    -57.39 (-0.82%)
     
  • Nikkei 225

    26,431.55
    -722.28 (-2.66%)
     

A Starbucks Favorite is Changing (Consumers Won't be Happy)

·3 min read
A Starbucks Favorite is Changing (Consumers Won't be Happy)

Domestic flights are up 47% since January, one in every four marijuana retailers say that they plan to raise prices in the next year, and even fast food is getting pretty expensive. A report from data analytics firm Placer.ai found that June foot traffic to Starbucks and Dunkin dropped by a respective 4.1% and 6.6% as more people try the "latte factor" (a financial concept, popularized by writer David Bach, not having a latte every day and seeing what you save over a few months) out of necessity. Given that inflation is already pushing some to visit less, Starbucks may have wanted to keep its price increases on the downlow.