New data from Yelp reveals that Washington, D.C., diners are increasingly choosing to stay in, resulting in decreased spending at local restaurants. The trend indicates a notable shift in dining habits, with residents opting for home-cooked meals over eating out. This change is attributed to various factors including economic uncertainty and rising costs. Consequently, D.C.’s restaurant industry is experiencing a slowdown, prompting businesses to adapt by offering promotions and enhancing takeout services to entice customers. Industry experts suggest that this shift could have long-term implications for the city’s dining scene, impacting everything from restaurant staffing to menu offerings. As more people choose convenience and budget-friendly options, the culinary landscape in D.C. might continue to transform.
AxiosNew data shows Institutional Capital Drives RWAs to $30 Billion in On-Chain Markets
Institutional capital is significantly impacting the blockchain sector as recent reports indicate Real World Assets (RWAs) have surged to $30 billion in on-chain markets. This