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...
Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them....
Rising interest rates and energy costs have forced consumers in Europe to start reducing their discretionary spending. As The Financial Times (FT) reported Sunday (Oct....
On a day when headline inflation reports showed prices increases stubbornly staying about 8%, a deeper dive into the impact that figure is having on...