New This Holiday Season: Discounts on Shipping Packages
UPS and FedEx have loosened pricing as the carriers anticipate a weak peak. Source link
Consumer Spending/Budgeting
U.S. Economic Growth Accelerates, Defying Slowdown Expectations
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher...
Retailers Are Shrinking Logistics Operations in a Changing Consumer Market
Some companies are dropping distribution centers as warehouse employment reaches a 17-month low. Source link
Retailers Need a Last-Minute Holiday Gift From Shoppers
Discounts are back as stores try to entice cost-conscious customers. The strategy hinges on a final flurry of shopping this...
Cruise Deals Surface Early With More Travelers Ready to Set Sail
Life & WorkTravelPeople are less hesitant vacationing at sea, so sales are popping up months earlier than usual. But discounts...
U.K. Inflation Tops 10%, Underlining Gloomy Outlook for Europe
The U.K.’s annual rate of inflation moved into double digits in July and is set to rise even higher by...
Bed Bath & Beyond Followed a Winning Playbook—and Lost
Mark Tritton arrived at Bed Bath & Beyond Inc. BBBY -12.05% in 2019 with a plan to revive the home-goods...
Inflation Has Outpaced Wage Growth. Now It’s Cutting Into Spending.
Early in the Covid-19 pandemic, U.S. wage growth accelerated, as weekly earnings jumped more than 7% in April and May...
Americans Have Had It With Inflation
James Duffy used to frequent the coffee shop on weekends to enjoy an Americano and read a book. Then, rising...
Tesla, Ford and GM Raise EV Prices as Costs, Demand Grow
Auto makers are marking up electric vehicles to offset rising battery-material costs and capitalize on the interest caused by higher...
Tesla Raises Prices Amid Surging Costs
Tesla Inc. TSLA -8.54% has raised the prices on some of its cars by as much as $6,000, as the...
Gas-Engine Bans Drive Landscapers Toward Electric Mowers and Blowers
A push to go electric is sowing discord among landscapers.New state and municipal laws are driving a transition away from...
U.K. Inflation Hits Fresh Three-Decade High, Squeezing Household Budgets
The U.K.’s inflation rate rose to a fresh three-decade high in March, as energy prices surged following Russia’s invasion of...
Teens Find Rising Used-Car Prices Dash Hopes of First Car
Chase Smith had been saving for her first car long before she had a license to drive. But when the...
The Hidden Ways Companies Raise Prices
Lettuce Entertain You Enterprises Inc., a Chicago-based restaurant group, has added a 3% “processing fee” to checks at many of...
Americans’ Finances Got Stronger in the Pandemic—Confounding Early Fears
The Covid-19 pandemic threatened to ruin Americans’ finances. For many, the opposite happened.Though initial shutdowns caused unemployment to surge to...
Airlines Prepare for Busy Travel Week Amid Omicron Surge
The rapid spread of the Omicron variant is looming over holiday travel, but airports are getting busier as travelers try...
I’ve Tried to Make Travel Better for 20 Years. Mostly It’s Gotten Worse.
I fear I’ve failed.When I started covering aviation, flights were expensive, delays were maddening and the coffee on Southwest Airlines...
Inflation Accelerates Again in June as Economic Recovery Continues
U.S. consumer prices continued to climb swiftly in June, as the economic recovery gained steam and demand outpaced the supply...
Americans’ Boost to Spending Is Adding Fuel to Economic Growth
Americans continue to venture back out into public to buy services they went without for more than a year—a shift...
