Bookmark BusinessGeneral NewsNational Retail Federation Haven’t bought holiday gifts yet? There’s still time with last-minute sales by Andrew Wright December 25, 2023 December 25, 2023 Last-minute holiday sales offer discounts and hope for procrastinating shoppers in a challenging retail season.
Bookmark BusinessGeneral NewsGovernment regulationsInflation Inflation Remains Elevated but Americans Continue Spending Despite Federal Reserve Rate Increases by Sophia Chen October 27, 2023 October 27, 2023 This article analyzes recent government data to explore the enduring nature of high inflation rates and their impact on consumer behavior and Federal Reserve policies. Despite elevated inflation and interest …
Bookmark BusinessFederal Reserve SystemGeneral News US Adds 209,000 Jobs in June, Demonstrating Resilient Economy by Andrew Wright July 7, 2023 July 7, 2023 US adds 209k jobs in June, showcasing a resilient economy. Despite a hiring slowdown, the unemployment rate falls to 3.6%. Wage growth and consumer spending remain strong.
Bookmark BusinessGeneral NewsInflation Federal Reserve’s Tracked Inflation Gauge Hits a Two-Year Low by Madison Thomas June 30, 2023 June 30, 2023 Federal Reserve’s tracked inflation gauge hits 2-year low, driven by lower gas prices and slower-rising food costs, while consumer spending sees minimal growth.
Bookmark BusinessGeneral NewsIL State WireMergers and acquisitionsTexasU.S. News Instant Pot Manufacturer Files for Bankruptcy Amid Slumping Sales by Michael Nguyen June 13, 2023 June 13, 2023 Instant Brands, maker of Instant Pot, files for Chapter 11 bankruptcy amid declining sales and increasing inflation pressures.
Bookmark BusinessGeneral NewsJobs and careersU.S. NewsWashington news Possible rewrite: “Potential Slowdown in Hiring: US Jobs Report for May Indicates Cooling Demand for Workers due to Fed Rate Hikes” by Ryan Lee June 2, 2023 June 2, 2023 Title: US Jobs Report for May: Slower Hiring Expected as Fed Rate Hikes Cool Demand for Workers Subheadings: Analysts project slower job growth in May Economists forecast a decline in …
Bookmark BusinessGeneral NewsMacy's IncNY State WireNYC State WireWorkplace culture Macy’s slashes expectations for the year after a pullback by shoppers in the spring by Madison Thomas June 2, 2023 June 2, 2023 Macy’s Slashes Expectations for the Year Macy’s, the New York department store, has revised its outlook for the entire year due to weakened sales in the first quarter. The challenging …
Bookmark BusinessGeneral NewsMacy's IncNY State WireNYC State WireWorkplace culture Macy’s slashes expectations for the year after a pullback by shoppers in the spring by Madison Thomas June 2, 2023 June 2, 2023 Macy’s Slashes Expectations for the Year Macy’s, the New York department store, has revised its outlook for the entire year due to weakened sales in the first quarter. The challenging …