Mostly Cloudy 37°
Tag:

Bars

Business
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

SHARE

by Chris Spiker
Business
Nautical-Themed Brewery Closing Central Jersey Tasting Room: 'Alas, It's Not To Be' Nautical-Themed Brewery Closing Central Jersey Tasting Room: 'Alas, It's Not To Be'
Nautical-Themed Brewery Closing Central Jersey Tasting Room: 'Alas, It's Not To Be' A Monmouth County brewery with beers paying tribute to the shoreline is shutting down its tasting room. Ross Brewing Company "made the incredibly difficult decision" to close its taproom in Port Monmouth, the brewery announced on social media on Wednesday, May 29. The company cited economic issues behind the decision to close the tasting room. The brewery will continue distributing beers after the Main Street taproom closes on Sunday, June 2. "We want to thank each and every one of you who has made these last five years of selling beer, and last year and a half of serving cu…

SHARE

by Chris Spiker