Chipotle plans to raise prices this year, but executives said on Tuesday that their core consumer, who makes over $100k, probably won’t mind.
In the latest game of one-upsmanship, Kalshi offered to cover $50 worth of groceries, and Polymarket is doing a “free grocery store” pop-up in NYC.
The S&P 500 index hit new highs last month, gaining 1.4% in January.
Ditto, an AI matchmaking service for college students, raised millions as it expand to more college campuses.
PepsiCo is cutting prices on snacks, such as Lay’s and Doritos, by up to 15%. It’s the latest example of the K-shaped economy’s effects on shoppers.
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