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Jung was getting ready to pay, when the cashier turned the screen around, asking for a tip. "Suddenly, I'm looking at this screen and I'm literally pressing a 20% tip for a burrito," Jung recalls ...
Personal services: You usually add a 15% to 20% tip when you pay for services in businesses like salons or spas. Dining out: You're expected to tip no less than 15%.
The tip screen is on most automated systems. Clemson University's Associate Professor of Marketing, Angeline Scheinbaum says the switch from face-to-face interactions to automated systems has ...
How "tipflation" and "tip creep" are sparking a backlash: "I don't feel obligated" to tip - CBS News
Tipping is encountering its own form of inflation, with consumers commonly facing digital kiosks that ask for tips that start at 18% or 20% and can go as high as 30% — a far cry from the 15% ...
Since the pandemic, they seem to be everywhere. And with inflation, the gratuity on a pricier meal feels like a big outlay. By Ann Carrns If you feel that you’re being asked to tip more often ...
In January, the Federal Reserve’s preferred inflation gauge, the personal consumption expenditures price index, climbed 2.5% year-over-year and 0.3% from the prior month. At the same time, the ...
For instance, if an investor buys a 5-year TIPS at the Oct. 17 rate and inflation averages 2% over the full five years, the TIPS return would be 3.72% (1.72% at purchase + 2% inflation adjustments).
A technical point is that the I Bond "fixed rate", which is the add-on you get on top of the inflation adjustment and is akin to the real yield of TIPS, is quite low currently at 0.4%.
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