Consumers keep traveling despite recession fears and inflation

Airline and other travel bookings have been strong, despite concerns about higher interest rates, inflation and an economic slowdown.

Consumers are more likely to cut back on restaurant visits than trade down to fight inflation, report says

In April, prices for food away from home rose 8.6% compared with the year-earlier period, according to the Bureau of Labor Statistics.

Beer companies are facing hiring costs and passing those on to consumers, and drinkers are increasingly opting for spirits.