A new survey from PYMNTS shows that a majority of CFOs expect the economy will slide into recession in the near future, a prediction that...
Consumer purchasing growth for credit cards in October was the lowest of 2022, while growth for debit remained where it has been throughout the year,...
Amazon is reportedly looking to lay off approximately 10,000 employees this month, the first and largest such move in the company’s history. According to a...
With the economy slowing, Walmart’s CEO is warning suppliers that the retail giant is through paying higher prices. That’s according to a report by The...
Disney will likely lay off employees as the entertainment goliath embarks on a cost-trimming project, part of a wave of job cuts hitting the media...
The paycheck-to-paycheck economy is bifurcating as inflation rages and consumers fret over an uncertain future, with one group of customers who cannot spend, and another...
In an environment of falling values of stocks in the tech and growth sectors and economy-wide fears of a recession, Amazon has reportedly become the...
In some ways, the current inflation-recession prediction cycle is reminiscent of the guessing game of 2020, in which consumers and businesses spent loads of mental...