UK Outlook Dims With Consumers Paying More to Buy Less in Shops – Bloomberg
Britain’s surging inflation rate is forcing consumers to pay more for the same amount of goods, underscoring a dimming outlook for the economy. Retail sales...
Author : Nelli Avetisyan
Worker Filings for Jobless Claims Held Nearly Steady Last Week – WSJ
New applications for unemployment benefits inched down last week, a sign the labor market is holding up as the broader economy shows signs of slowing....
Investors are optimistic about equities. They have no alternative – The Economist
“Allow me to explain about the theatre business,” says Philip Henslowe, the owner of the Rose theatre in “Shakespeare in Love”, a romantic comedy from...
Extreme heat is slamming the world’s three biggest economies all at once – CNN
Estimating just how catastrophic climate change will be for the global economy has historically proven challenging. But this summer, it’s increasingly evident how quickly costs...
Amid mounting layoffs, which EU companies are currently hiring? – Euronews
Last week, when HyperSocial CEO Braden Wallake announced layoffs at his company, he posted a crying selfie on LinkedIn. It met with mixed reactions, to...
Taking a global approach to sourcing talent
Incumbent banks are being squeezed when it comes to tech talent, caught between the “great resignation” – where staff quit in hopes of getting something...
PODCAST: States Expand Sales-Tax Holidays to Soften Inflation’s Blow
From school supplies to gun safes, 20 states have announced temporary tax breaks to help shoppers cope with this year’s record inflation. WSJ reporter Lauryn...
U.S. Retail Spending Held Steady in July – WSJ
U.S. consumers continued opening their wallets last month, shifting savings from falling gasoline prices to purchases of everyday goods as they weathered high inflation and...
Cash use set to survive pandemic slump – BBC News
The rapid decline in the use of cash during the pandemic has eased as consumers return to their preferred method of paying for things, a...
Americans are proving they know how to shop their way out of a crisis – CNN
It was the best of times (for Walmart), it was the worst of times (for Target). And an OK-ish time for everyone else. During earnings...