All right, thank you Hannah. Time now to
get you caught up on some of the business headlines
you need to know this morning, Big news over
United. They're taking off with a new seating policy
for families. The carrier rolling out a new map
seating feature. This will help families select their seating
arrangements with Children under the age of 12. Now
the new policy comes after President biden state of the
union speech. That's where he called out those hidden
fees that airlines are pushing on families. This new
grouping feature will reportedly come at no additional cost for
travelers who want to sit next to Kids. Meanwhile
inflation might be cooling, but your grocery bill isn't
likely to see any relief anytime soon. According to
nestle. Essential food items will remain high well into
this year and that includes products like eggs and beef
, which saw huge increases in prices over the last
year. Nestle says their own prices have also increased
by over 8% since 2022. Despite the dismal outlook
, eggs have actually dropped in price more than 40%
just this month. Meanwhile, more americans are curbing
their shopping habits. This is the aim to cut
their spending and retailers are taking notice. Major retail
companies are cautious about their sales outlook this year.
That is inflationary pressures continue to linger. This predicted
shifting consumer behavior though a far cry from the initial
post pandemic shopping sprees that many stores thrived on.
Now, analysts are saying people are choosing to dine
out and travel rather than go shopping