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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Retail

Chipotle Just Quietly Raised Its Prices in Hundreds of Restaurants

By
Lisa Marie Segarra
Lisa Marie Segarra
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By
Lisa Marie Segarra
Lisa Marie Segarra
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April 14, 2017, 2:57 PM ET
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People are already paying more for their burritos since Chipotle has raised its prices in hundreds of restaurants.

The changes took effect in approximately 440 Chipotle locations, which accounts for about 20% of their restaurants, Chipotle spokesperson Chris Arnold said. The chain has over 2,200 locations altogether.

“We had already been on record saying that we were considering raising prices in select markets, and now we have implemented that increase,” Arnold said.

Arnold said prices increased by about 5% in those restaurants and that the increase will help “offset wage and food inflation.”

Earlier this year, Chipotle said its profits were reduced due to an increase in avocado costs, which is the key ingredient in guacamole. On top of that, sales have fallen since the company faced an E. Coli break at the end of 2015.

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