Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Neil Saunders

US inflation eases but policymakers' battle not over

Washington (AFP) - Rising rent and a gasoline price rebound helped keep US consumer prices elevated in January, according to government data released Tuesday, signaling that policymakers' battle against inflation is not over.

AFP

Amazon set to begin its largest jobs cull in history affecting 18,000 employees

Tech giant Amazon has started to axe over 18,000 jobs which is the largest in their 28-history as the company looks to adapt to the gloomy economic outlook

Daily Mirror

More Macy's stores to close in 2023. See the list of closing locations.

The new year brings a new round of Macy’s store closings.

Axios

From analysis to the latest developments in health,
read the most diverse news in one place.

US Fed downshifts all-out campaign to tame inflation

Washington (AFP) - The Federal Reserve moderated its all-out campaign to cool US inflation Wednesday, lifting the benchmark lending rate by a half percentage point as its policy actions ripple through the economy.

AFP

US Fed expected to slow pace of rate hikes as inflation eases

Washington (AFP) - US central bankers opened the second day of a key policy meeting Wednesday, with growing anticipation of a smaller hike to the Fed's benchmark lending rate as surging inflation shows signs of easing.

AFP

Under Armour refocuses on teen athlete market as its second-quarter earnings beat expectations

BALTIMORE — Shares of Under Armour surged Thursday morning after the Baltimore-based brand beat Wall Street’s expectations for second-quarter earnings.

Tribune News Service

Collectors are dumping Kanye West’s once-coveted shoes and clothes

For sneaker aficionado Manuel Cruz, shoes have always been much more than something to wear.

Los Angeles Times

Read news from The Economist, FT, and more,
with one subscription

Kroger snaps up Albertsons in grocery megamerger

The deal for two of the nation's largest grocery chains is valued at $24.6 billion.

Axios

Inflation maintains grip on US with new jump in September

New York (AFP) - Inflation kept its hold on the US economy in September, government data showed Thursday, with a higher-than-expected jump adding to headwinds facing President Joe Biden's Democrats shortly before midterm elections.

AFP

TikTok going big on US e-commerce? Job listings offer clues

TikTok appears to be deepening its foray into e-commerce

The Independent UK

Nike shares tumble as it reports lower profits

New York (AFP) - Nike reported lower quarterly profits Thursday on increased logistics spending and a hit from product markdowns, as it pivots in a fast-changing consumer market challenged by inflation.

AFP

'I need to go to therapy soon, and by therapy I mean Target.' Roaming the aisles as self-care?

LOS ANGELES -- On days she feels particularly stressed, Shamita Jayakumar knows the quickest way to ease her mind.

Los Angeles Times

Walmart hiring fewer US holiday staff this year

New York (AFP) - Walmart announced Wednesday it will hire 40,000 workers for the upcoming holiday season, far fewer than last year, as inflation weighs on US households and curtails consumption.

AFP

California Sues Amazon for Allegedly Thwarting Lower Prices

California filed a lawsuit Wednesday accusing Amazon of using its market influence to prevent merchants from offering buyers better deals elsewhere online, in violation of state antitrust law. Amazon pressures merchants not to list items at lower prices on other websites, which hurts sellers and consumers, California Attorney General Rob…

Asharq Al-Awsat

Get all your
news in one place.

100’s of premium titles.
One news app.

Axios

Holiday shopping season starts early amid inflation

Walmart unwrapped its annual top toy list Tuesday, nearly a month earlier than last year.

The Independent UK

Amazon to shutter virtual health care service Amazon Care

Amazon is shutting down the hybrid virtual, in-home care service it’s spent years developing

AFP

Walmart results top estimates as inflation alters consumer behavior

New York (AFP) - Walmart scored a big jump in revenues partly driven by inflation but the retail giant faces increasing evidence of shifting consumer behavior due to rising prices, according to quarterly results released Tuesday.

AFP

Walmart cuts profit outlook as inflation bites shoppers

New York (AFP) - Walmart cut its profit outlook Monday as surging inflation prompts shoppers to cut back on higher-margin items as they contend with increased prices for gasoline, food and other staples.

Get all your
news in one place.

100’s of premium titles.
One news app.

The Denver Post

Most Americans believe a recession on the horizon. Here’s how experts say to prepare for one

Seven in 10 U.S. consumers see an economic downturn ahead, assuming one hasn’t already started. But awareness doesn’t equal preparedness — two in three admit they aren’t ready for what they think is coming, according to a survey from MagnifyMoney, a personal finance website.

The Independent UK

Amazon Prime Day comes amid slowdown in online sales growth

Amazon is heading into its annual Prime Day sales event on Tuesday much differently than how it entered the pandemic

AFP

Nike profits dip on lower sales in North America, China

New York (AFP) - Lower sales in North America and China dented Nike's quarterly results as the sports giant on Monday projected modest revenue growth amid the strong dollar, rising inflation and other headwinds.

AFP

Starbucks to completely exit Russia after Ukraine invasion

New York (AFP) - Starbucks said Monday it will cease operations in Russia, shuttering its 130 cafes in the country in the aftermath of the invasion of Ukraine.

Tribune News Service

Under Armour CEO Frisk will step down June 1; company begins executive search

Under Armour CEO Patrik Frisk is leaving the Baltimore-based athletic apparel maker June 1 after little more than two years at the helm, the company announced late Wednesday.

Tribune News Service

After prospering in the pandemic, Target is now a symbol of inflation's impact

Target Corp., whose growth in the pandemic pushed its stock to record heights, on Wednesday became a symbol of inflation's toll on the American economy.

AFP

US companies eye more consumer pushback as inflation toll mounts

New York (AFP) - Prices on household goods have been rising for months in the United States, souring the national mood but not significantly affecting sales -- yet.

1 2 3 4

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations