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Seasonal items are big business for fast food

Video Credit: Bleacher Report AOL - Duration: 01:23s - Published
Seasonal items are big business for fast food

Seasonal items are big business for fast food

CNN Business looks at the most popular seasonal bites and why they’ve become fast food staples.


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Kraft Will Reimburse Americans Who Can't Bake Cheesecake This Holiday Season [Video]

Kraft Will Reimburse Americans Who Can't Bake Cheesecake This Holiday Season

Kraft Will Reimburse Americans Who , Can't Bake Cheesecake This Holiday Season. Kraft Will Reimburse Americans Who , Can't Bake Cheesecake This Holiday Season. CNN Business reports issues with the global supply chain are forcing food-manufacturer Kraft to creatively side-step the ongoing shortage of cream cheese. CNN Business reports issues with the global supply chain are forcing food-manufacturer Kraft to creatively side-step the ongoing shortage of cream cheese. The company will reportedly reimburse Americans who can't find Philadelphia Cream Cheese in stores for their holiday cheesecake. Those interested will be able to sign up on the company's website. A select few will be gifted up to $20 for missing out on their favorite dessert. Kraft will reportedly authorize these reimbursements on December 17 and 18. The company estimates it will reimburse up to 18,000 cream cheese consumers. According to CNN Business, the reimbursement campaign hopes to keep the brand relevant as it slowly makes its way back to supermarket shelves. The company attributes the cream cheese shortage to a pandemic-related spike in demand. . As more Americans took up baking last year, demand for cream cheese rose nearly 18%. Officials with Kraft say the company has halted production on "a very limited number" of its products to focus more on their popular Philadelphia Cream Cheese line. We're investing millions of dollars on Philadelphia Cream Cheese. , Basak Oguz, marketing director for Kraft Foods, via CNN Business. We're investing millions of dollars on Philadelphia Cream Cheese. , Basak Oguz, marketing director for Kraft Foods, via CNN Business

Credit: Wibbitz Top Stories    Duration: 01:30Published
Older Americans Are Leaving the Labor Force at an Alarming Rate [Video]

Older Americans Are Leaving the Labor Force at an Alarming Rate

Older Americans Are Leaving , the Labor Force at an Alarming Rate. CNN reports the COVID-19 pandemic has accelerated retirement for many Americans. CNN reports the COVID-19 pandemic has accelerated retirement for many Americans. Each month since July, over 4 million Americans quit their jobs. According to research conducted by Goldman Sachs, almost 70% of those who quit jobs during the pandemic were 55 or older. Experts worry that many of them don't intend to return to work. Part of it is a job quality shortage. , Aaron Sojourner, labor economist, University of Minnesota's Carlson School of Management, via CNN Business. Part of it is a job quality shortage. , Aaron Sojourner, labor economist, University of Minnesota's Carlson School of Management, via CNN Business. Economists say early retirement among high-income earners may stem from the inflated price of real estate and the strong stock market. Economists say early retirement among high-income earners may stem from the inflated price of real estate and the strong stock market. We already saw a large portion of the Boomer workforce retiring. And they're in a better position now. , Nela Richardson, Chief Economist ADP, via CNN Business. In November, 3.6 million people who had quit the labor force said they weren't looking for a new job. 90% of those who had given up looking for new work were aged 55 and older. 90% of those who had given up looking for new work were aged 55 and older. I think a lot of the narratives imagine prime-age workers as being missing, but it actually skews much older. , Aaron Sojourner, labor economist University of Minnesota's Carlson School of Management, via CNN Business. I think a lot of the narratives imagine prime-age workers as being missing, but it actually skews much older. , Aaron Sojourner, labor economist University of Minnesota's Carlson School of Management, via CNN Business

Credit: Wibbitz Top Stories    Duration: 01:30Published
11 Million Available Jobs Reported in October in the United States [Video]

11 Million Available Jobs Reported in October in the United States

11 Million Available Jobs , Reported in October, in the United States. 11 Million Available Jobs , Reported in October, in the United States. CNN Business reports the search for new employees was an uphill battle for American companies in October. CNN Business reports the search for new employees was an uphill battle for American companies in October. New data from the Bureau of Labor Statistics shows 11 million jobs were available in October. New data from the Bureau of Labor Statistics shows 11 million jobs were available in October. The hot market for hires has been driven in large part by the extraordinarily large and fast rise in demand. , Nick Bunker, director of research at Indeed, via CNN Business. Companies only managed to hire 6.5 million new workers in October. Hiring in the private sector slipped, which reflects the frustration that employers are feeling. , Jennifer Lee, senior economist at BMO, via CNN Business. They're already increasing wages, adding more benefits... carrots that should work to attract workers. , Jennifer Lee, senior economist at BMO, via CNN Business. They're already increasing wages, adding more benefits... carrots that should work to attract workers. , Jennifer Lee, senior economist at BMO, via CNN Business. Workers in the United States have been leaving their jobs in droves. 'The Great Resignation' saw a record amount of employees calling it quits in September. 'The Great Resignation' saw a record amount of employees calling it quits in September. In October, 4.2 million more Americans left their jobs. Under normal circumstances, a near-record number of job openings would be something worth celebrating. But no employer is in a celebratory mood. , Jennifer Lee, senior economist at BMO, via CNN Business. Under normal circumstances, a near-record number of job openings would be something worth celebrating. But no employer is in a celebratory mood. , Jennifer Lee, senior economist at BMO, via CNN Business. It is difficult to fill orders or meet customer demands if there are not enough people to do the actual work, Jennifer Lee, senior economist at BMO, via CNN Business . It is difficult to fill orders or meet customer demands if there are not enough people to do the actual work, Jennifer Lee, senior economist at BMO, via CNN Business

Credit: Wibbitz Top Stories    Duration: 01:30Published