Americans' inflation expectations hit a 7-year high as the economic recovery picked up, Fed survey finds

Such expectations are used as a gauge of future inflation since businesses are likely to lift prices in line with what consumers anticipate.

View in browser Subscribe Business Insider brings you a personalized selection of our top business stories, every day. Was this email forwarded to you? Sign up for Business Insider here. Americans' inflation expectations hit a 7-year high as the economic recovery picked up, Fed survey finds Such expectations are used as a gauge of future inflation since businesses are likely to lift prices in line with what consumers anticipate. READ MORE Premium The CEO of Planet Fitness is preparing for a brick-and-mortar fitness boom as the company creates content to disrupt digital offerings made popular by the pandemic "COVID fatigue is real. People are coming out and joining, and they're not canceling at elevated levels right now," CEO Chris Rondeau told Insider. READ MORE Twitter is suing Texas AG Ken Paxton, claiming he abused his power by launching a retaliatory investigation into the company after it banned Trump Twitter said Paxton misused the powers of his office "to infringe on Twitter's First Amendment rights" by retaliating after it banned Trump. READ MORE Premium CBS booked an estimated $20 million in ads for Oprah's interview with Meghan Markle and Prince Harry The blockbuster interview drew 17.1 million viewers. READ MORE Here's how the CEO of the 'Airbnb of shops' accelerated his business in the pandemic despite losing thousands of bookings and getting COVID-19 Appear Here attracted bakers, butchers, and fishmongers in London, Paris and Miami onto its platform and helped them expand during lockdown. READ MORE Premium The latest pandemic relief plan doesn't renew PPP, but it includes $28.6 billion in grants to support independent restaurants and bars The Restaurant Revitalization Fund (RRF) offers restaurants and bars up to $10 million in relief grants. READ MORE Peloton, Oura, and Whoop: High-performance apps become a lifestyle and status symbol in quarantine The work-from-home economy has people obsessed with tracking heart rate, temperature, sleep, and activity. They're letting apps decide for them. READ MORE Premium Tonal CMO reveals why partnerships like the one the brand just inked with Nordstrom are vital for virtual fitness players to keep the multibillion dollar industry's momentum going "I would imagine that other brands will look at this and follow suit," he said. Experts agree, as the wave of deals will prove mutually beneficial. READ MORE Premium POWER LIST: The 12 best industries for entrepreneurs to start profitable businesses right now Industries on the list — think pets and weddings — are slated to keep booming after the pandemic, too. READ MORE Premium Roblox is going public after a blockbuster year. Here's how and why it paid out more than $250 million to its largely teenage developer community last year. Roblox hit 31 million daily gamers in September 2020 and its valuation soared from $4 billion to $30 billion in a year. Here's how its platform works. READ MORE Email sent to: ipat39@gmail.com   |   Manage preferences   |   Unsubscribe Terms of Service   |   Privacy Policy   |   © 2021 Insider Inc. 1 Liberty Plaza, New York, NY 10006