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Stocks slump, big banks beat and LA’s housing market standstill 10/14/22

Power Lunch

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Food Commodities, Key Input Costs for Restaurants

Pippa Stevens found some pretty dramatic declines in food commodities, key input costs for restaurants. Domino said yesterday during its earnings report that it expects food costs to rise between 13% and 15% this year. As Kalanowski research noted, those estimates didn't go up compared to the second quarter,. guys, the outlook is not getting worse.

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