Dossier
special occasions
Coverage of special occasions in the Nexus archive.
- Americans are paying record prices for steak. Here's why demand isn't cracking
Americans are paying record prices for steak, but demand remains strong as consumers view it as an affordable luxury for special occasions.
- High-end steakhouse chain now a shell of its former self
A high-end steakhouse chain has declined significantly, with visits now reserved for special occasions or business expenses due to soaring beef prices. Beef prices have risen roughly 16% since May 2025 and more than doubled since 2020.