It’s a year for shopping prudently. Americans will spend between $942.6 billion and $960.4 billion this holiday season, according to projections from the National Retail Federation. That’s up from last Read more
Tag: Retail/Wholesale
China’s three-week COVID case tally tops 253,000 and daily average is rising, government says
More than 253,000 coronavirus cases have been found in China in the past three weeks and the daily average is rising, the government said Tuesday, the Associated Press reported. The Read more
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
Pfizer and BioNTech updated booster shows strong results against new omicron sublineages in fresh analysis of data
A fresh analysis of data on the immune response generated by the bivalent COVID-19 booster showed strong results against the newer omicron sublineages, Pfizer and German partner BioNTech said Friday. 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
Economy may be in a recession already, Conference Board says, after leading index drops for eighth straight month
The U.S. leading economic index fell 0.8% in October, the Conference Board said Friday. Economists polled by The Wall Street Journal had expected a 0.4% fall. This is the eighth 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
Republicans clinch slim majority in House, likely signaling gridlock ahead
Republicans will take over the U.S. House of Representatives two years into President Joe Biden’s term, though their narrow majority looks set to cause headaches for GOP leaders. Republican hopes Read more
Wholesale prices rise slowly again and point to softening U.S. inflation
The numbers: U.S. wholesale prices rose just 0.2% in October, a fourth straight soft reading that suggests inflation is on the wane after hitting a 40-year high earlier in the Read more