#economic-impact

#economic-impact

In the U.S., both delivery and carry out grew, driving meaningful market share gains. Domino's posted a 3.4% rise in same-store sales, exceeding analysts' average estimate.

The global video game industry is projected to generate over $200 billion in revenue in 2024, surpassing film, music, and professional sports combined.

When a recession strikes, many companies respond by immediately downsizing their workforce to preserve cash, streamline operations, and maintain flexibility in the face of macroeconomic uncertainty.

"Not all doomerism downside and not hand-waving away concerns - but focused on democratizing benefits (getting them into the hands of people to do stuff), not concentrating them in the hands of the few."

According to research from Mitie, poorly designed and inadequately maintained workplaces are draining the UK economy of over £71 billion a year. Workers lose, on average, 68 minutes weekly to inefficiencies. This results in an estimated £485.2 million in lost salary productivity every week, accumulating to £71.4 billion annually. A significant percentage of employees indicate that a poorly maintained workplace leads to job dissatisfaction. Conversely, nearly 90% of workers satisfied with their physical workplace also feel positive about their employer.

Bars in Cardiff's city center served 810,000 pints over the two days when Oasis was in town, resulting in nearby businesses making £4 million in revenue.

"The tax package that was passed is a big bill, and it will have a far-reaching impact," says Danielle Hale, chief economist of Realtor.com. "Perhaps most tangibly for households, the 2017 tax rate cuts that were set to expire were retained, helping to avoid a decrease in take-home incomes that might have occurred if the prior cuts had lapsed."

During its 40 years of operations, workers at Bridgend Ford produced 22 million engines for Ford, Volvo and Jaguar cars, before it closed quietly in September 2020.

At least 38,600 residential structures were within the flood zone during the July 4 Texas floods, with Tom Green, Travis, Williamson, Burnet, and Kerr counties having the highest number of potentially impacted properties.

The letter from nearly 60 Labour MPs challenges Richard Tice's assertion to abolish green energy contracts, emphasizing the need for understanding the economic impact of such actions.

Current federal immigration policy threatens the future of students who are excelling in school and striving for college while living in fear of parental deportation.

The Government's recently published statistics for the 2023/24 UK tax year show that approximately 83,000 taxpayers claimed 'non-domiciled' status for the year ended 5 April 2024.

California's insurance industry struggles stem from regulatory failures that have driven major players like State Farm and Allstate out, leaving the system hobbled due to over-regulation.

The US government spent $5 trillion to stimulate the economy during the pandemic, but at least 6% was lost to fraud, prompting new legislative action.

The partnership could eventually lead to direct rail services between the two countries after previous plans for London-Frankfurt trains hit the buffers.

The IPA Bellwether Report indicates a +5.5% net balance for marketing budgets in Q2 2025, marking the strongest growth in a year.

Canned food is typically cheaper than fresh alternatives, not due to a lack of quality but rather because it can be mass-produced and stored for longer.

Alina Siert, a mom of three and a former tech professional, claims that after investing in Get Spiffy, a mobile car care franchise, she faced significant business failures due to misrepresentations.

Alberta's oilpatch is generating billions in profits, but much of that is directed toward shareholder payouts rather than new operational expansions. Actual investment nosedived from $80 billion in 2014 to around $30 billion today, indicating that profits are not translating into new projects.

The "core" creative industries, including books, entertainment software, periodicals, movies, recorded music, television, and video games, contributed $1.8 trillion to the U.S. GDP in 2021.

The settlement creates a Community Claims Fund to compensate local businesses and residents for 'economic harm.' The Town and County of Nantucket announced the settlement agreement, funds from which will go towards compensating the town and local businesses for losses from the incident.

According to the National Association of REALTORS®, 64.8% of homeowners in Washington now exceed the federal capital gains tax exemption, making Washington one of the most heavily impacted states.

The Employment Rights Bill returning to Parliament will impose a £5 billion stealth tax on British workers. Employment mandates function like hidden taxes that reduce wages over time.

"There are ways to make a life that is still rooted in creative work. They're all still making art but they're also making money. Having a creative life exists beyond a studio practice."

Zelenskyy emphasized the urgency of the situation, stating, "Russia has also prepared, I must say, for this meeting because unfortunately last night, a few hours ago, there was a massive, heavy attack on Ukraine."

Each non-sporting event at Wembley Stadium boosts the local economy by around £4.35 million but results in noise, congestion, waste, and pressure on council services.

The imbalance is likely to strain economies because fewer workers will be supporting more retirees, dragging down economic output and income growth.

Even floating this idea is dangerous. Every day that the government fails to rule it out, confidence erodes. Wealth is highly mobile.

The price of copper moved upward sharply yesterday after President Trump said he thought imports should be taxed at 50%. Copper prices were up 17% in New York on Tuesday but fell back this morning.