JPMorgan CEO Jamie Dimon said the company is preparing for extremely dire economic situations. He said there’s “a hurricane” coming — an upgrade from his...
Apple said it will keep production of its iPhone more or less flat this year as 2022 becomes a challenging time for smartphone makers. As...
As ultrafast grocers’ challenges continue, leading players around the world are beginning rounds of major layoffs. Turkey-based ultrafast grocer Getir, for one, is planning to...
U.S. companies have been moving up their capital spending plans in an effort to streamline the supply chain snags that have crippled much of the...
Today in retail, Peloton is facing the daunting prospect of a turnaround along with a transition to an app-based model, while inflation has consumers rethinking...
The month of March marked the ongoing return to pre-pandemic consumer spending, Mastercard said Wednesday (April 6) in its Spending Pulse report. “From airlines to...
Consumer prices rose 7.5% over the past year, the highest rate of inflation since 1982, according to figures released Thursday (Feb. 10) by the U.S....
Facebook and Alphabet, the parent company of Google, would both be in trouble in a broad market sell-off caused by the global coronavirus pandemic, analysts...
In the U.S., job growth continues as the Wall Street Journal notes a nine-year economic expansion. But a paradox continues: jobs are being created even...