The numbers: Orders at American factories for long-lasting goods such as autos and computers jumped 1% in October, marking a strong showing that probably isn’t sustainable because of a slowing U.S. Read more
Tag: Consumer Goods
Confused about COVID boosters? Here’s what the science and the experts say about the new generation of shots.
As we head into the third winter of the pandemic, only about 13% of American adults — less than 11% of Americans overall — have received the bivalent COVID-19 booster. Read more
Tyson recall: Ground beef contaminated with a ‘mirror-like material’
Tyson Fresh Meats, a division of Tyson Foods Inc. TSN, -1.22%, is recalling 93,697 pounds of ground beef over a possible contamination with a “mirror-like material.” According to the U.S. Read more
World Cup organizers in Qatar will reportedly ban beer sales at all eight stadiums
DOHA, Qatar (AP) — World Cup organizers will ban the sale of all beer with alcohol at the eight stadiums used for the soccer tournament, a person with knowledge of Read more
Amazon CEO says more layoffs are coming in 2023
Amazon.com Inc. plans more layoffs, but employees will have to wait until 2023 to see if their jobs are affected. Chief Executive Andy Jassy said Thursday that while Amazon AMZN, Read more
Black Friday surprise: Jeff Bezos tells people NOT to buy cars, refrigerators and other big-ticket items. Critics call him out.
Billionaire Jeff Bezos, who founded the e-retail behemoth Amazon, has some spending tips as Americans gear up for a holiday shopping season — amid four-decade high inflation and recession worries. Read more
Markets are getting a wake-up call in 2023, says Morgan Stanley, which offers a plan for investors to get ready.
According to Fed Reserve Gov. Christopher Waller and several strategists, last week’s softer-than-expected October CPI that sent the S&P 500 to its best level in five months was overdone. His Read more
From ‘coastal grandmother’ style to accessible farmhouse furniture, boomers are becoming popular among big brands
It was only three years ago that young millennials and Gen Z coined the phrase “OK, Boomer” as a way to dismiss and label their elders as old-fashioned. In addition, Read more
CDC: Many people should ‘not eat meat from any deli counter’ unless it’s ‘steaming hot’
The Centers for Disease Control and Prevention is warning of a listeria outbreak linked to deli meat and cheese, saying those who are pregnant, 65 or older, or have a Read more
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in Read more