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Treasury Secretary Says U.S. Economy To Slow Amid Iran Tensions

Economy In Transition

Scott Bessent, U.S. Treasury Secretary, said the economy is expected to slow this quarter amid tensions linked to Iran. He added that overall conditions remain stable with expectations of a rebound. Speaking on CNBC, Bessent pointed to microeconomic data indicating continued underlying strength despite near-term pressures.

Retail Gasoline Sales Under Scrutiny

Bessent said the Treasury Department is monitoring retail gasoline pricing, focusing on transparency as prices rise and adjust downward. Oversight is intended to ensure consistent pricing behavior across the market. The approach reflects efforts to maintain consumer confidence and market stability.

A Steady Outlook Amid Fluctuating Prices

Bessent said recent oil price movements are not significantly affecting inflation expectations. Current fluctuations in fuel costs are being assessed within broader macroeconomic conditions. Comments suggest a limited short-term impact on the inflation outlook.

Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

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Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.

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