Restaurant Robots Replace Some Jobs But Chefs, Managers, and Waitstaff are Irreplaceable

ARLINGTON, Va.- As labor shortages and rising costs continue to cut into profit margins, restaurants are looking for ways to improve their business model—and automation is increasingly looking like a viable solution. From conversational AI drive-thrus to full-service fry cook robots, the possibilities are endless, but not all roles can be replaced. Capterra’s 2022 Restaurant […]

One-Third of U.S. Homes Are Bought With Cash, A Near Eight-year High

Nearly one-third (31.4%) of U.S. home purchases were paid for with all cash in July, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That’s near the eight-year high reached in February and up from 27.5% a year earlier. The share of all-cash purchases jumped in early 2021 during the pandemic-driven […]

More People Are Moving In Than Out Places Experiencing Intense Drought

About three-quarters of U.S. metropolitan areas, where more than half of homes experienced intense drought in August, have seen more people move in than out in recent months, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In 34 of the 129 metros (26%) Redfin analyzed, more than 50% of homes […]

Survey Shows Small and Midsized Businesses Remain Financially Stable Amid Recession Concerns

Sentiment from US small and midsized businesses regarding the health of their business has remained steady despite growing concerns about the economy according to a recent survey by Principal Financial Group®. Even as recessionary pressures rise and inflation persists, the latest Principal Financial Well-Being IndexSM (WBI) found 64% of businesses report financial improvement compared to […]

More Sellers Retreat From Real Estate Market Amid Falling Prices

The four weeks ending August 21 saw a 15% drop in new listings for homes for sale, the largest annual drop since the outbreak. According to a Redfin report (redfin.com), a technology-powered brokerage in real estate, the inventory of homes for sale fell 0.6% over the four-week period. This is a slight decrease, but only the […]