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Great news: the national diesel average has dropped 2.4 cents
Inflation, Money Matters, Sales, Fuel, Nuts & Bolts Jennifer Joslyn 11/2/22 Inflation, Money Matters, Sales, Fuel, Nuts & Bolts Jennifer Joslyn 11/2/22

Great news: the national diesel average has dropped 2.4 cents

While this is the second week in a row with a very incremental change, many say it’s still better than going up.

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The Federal Reserve is likely to see rising employment costs as the go-ahead for another interest rate increase
Inflation, Money Matters Jennifer Joslyn 11/1/22 Inflation, Money Matters Jennifer Joslyn 11/1/22

The Federal Reserve is likely to see rising employment costs as the go-ahead for another interest rate increase

According to the U.S. Labor Department, the employment cost index grew by 1.2% from July through September.

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Amazon warns of cost cuts during upcoming peak season, no sign of sales growth
Sales, Money Matters, Inflation Jennifer Joslyn 10/29/22 Sales, Money Matters, Inflation Jennifer Joslyn 10/29/22

Amazon warns of cost cuts during upcoming peak season, no sign of sales growth

In the troubling report from the Wall Street Journal, the e-commerce retail giant is expecting current quarter sales to fall short of projections.

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Persistent supply chain challenges are likely to last through the summer of 2023
Inflation, Money Matters Jennifer Joslyn 10/29/22 Inflation, Money Matters Jennifer Joslyn 10/29/22

Persistent supply chain challenges are likely to last through the summer of 2023

That’s at least what respondents to an SAP survey of 400 U.S.-based senior decision-makers are saying.

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U.S. consumers are worried about the economic conditions approaching
Inflation, Money Matters Jennifer Joslyn 10/28/22 Inflation, Money Matters Jennifer Joslyn 10/28/22

U.S. consumers are worried about the economic conditions approaching

The Conference Board Consumer Confidence Index declined 107.8 points in October, after growing in August and September.

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Whirlpool has decided to slash production of its appliances by a third
Inflation, Money Matters, Sales Jennifer Joslyn 10/26/22 Inflation, Money Matters, Sales Jennifer Joslyn 10/26/22

Whirlpool has decided to slash production of its appliances by a third

Due to plummeting demand for refrigerators, washers, and dryers, the home goods and appliance maker is shrinking its inventory by cutting production by nearly one-third.

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UPS is upping its rate to match its number one competitor, FedEx
Inflation, Money Matters, Sales Jennifer Joslyn 10/26/22 Inflation, Money Matters, Sales Jennifer Joslyn 10/26/22

UPS is upping its rate to match its number one competitor, FedEx

UPS Ground, Air, and International services will launch the rate hike beginning on December 27th.

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Potential recession to land next summer, says former treasury secretary
Inflation, Money Matters Jennifer Joslyn 10/24/22 Inflation, Money Matters Jennifer Joslyn 10/24/22

Potential recession to land next summer, says former treasury secretary

While predictions are that the recession will be “mild”, Former US Treasury Secretary Larry Summers is echoing what many have been stating: a recession is coming, and the public should be prepared.

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Vietnam’s coffee harvest booms: the world can expect some slightly less expensive morning espresso
Trade & Border Issues, Hot Spots, Inflation, Money Matters, Shortages Jennifer Joslyn 10/21/22 Trade & Border Issues, Hot Spots, Inflation, Money Matters, Shortages Jennifer Joslyn 10/21/22

Vietnam’s coffee harvest booms: the world can expect some slightly less expensive morning espresso

The world’s largest grower of the robusta variety of coffee beans is in Vietnam, and they’re experiencing a large crop this season.

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Jeff Bezos warns of tough financial times ahead
Inflation, Money Matters Jennifer Joslyn 10/20/22 Inflation, Money Matters Jennifer Joslyn 10/20/22

Jeff Bezos warns of tough financial times ahead

Amazon founder Jeff Bezos is the latest leader in the corporate world to warn the public that tough financial times are ahead of us.

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As diesel prices rise, smaller carriers will feel the brunt of it
Inflation, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 10/20/22 Inflation, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 10/20/22

As diesel prices rise, smaller carriers will feel the brunt of it

Another week, another price climb. Fuel prices hit record highs this past spring and summer and it seems to be on a journey back there again.

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Customers know what’s best.. and that means shopping early
Inflation, Money Matters Jennifer Joslyn 10/20/22 Inflation, Money Matters Jennifer Joslyn 10/20/22

Customers know what’s best.. and that means shopping early

Consumers are starting their holiday shopping earlier than ever this year.

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Market trading will get worse before it gets better, says experts
Inflation, Money Matters Jennifer Joslyn 10/17/22 Inflation, Money Matters Jennifer Joslyn 10/17/22

Market trading will get worse before it gets better, says experts

If you’re an investor, you better hold onto your hat.

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IMF warns that the global economy is on unsteady ground
Sales, Money Matters, Inflation, Trade & Border Issues, Hot Spots Jennifer Joslyn 10/16/22 Sales, Money Matters, Inflation, Trade & Border Issues, Hot Spots Jennifer Joslyn 10/16/22

IMF warns that the global economy is on unsteady ground

It’s no secret that the global economy is on unsteady ground.

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30 Amazon warehouse workers stage “Prime Walkout” in Joliet, Illinois
Company Culture, High Tech / High Touch, Inflation, Money Matters Jennifer Joslyn 10/15/22 Company Culture, High Tech / High Touch, Inflation, Money Matters Jennifer Joslyn 10/15/22

30 Amazon warehouse workers stage “Prime Walkout” in Joliet, Illinois

In a letter posted to the CEO of Amazon, Andy Jassy, about 30 employees have stated they are exercising their “right to engage in concerted activities for the purpose of mutual aid and protection”.

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Returns are all fun and games… until they charge you
Sales, Money Matters, Inflation Jennifer Joslyn 10/14/22 Sales, Money Matters, Inflation Jennifer Joslyn 10/14/22

Returns are all fun and games… until they charge you

Popular retail brands like Zara and Boohoo in the United Kingdom are switching up their return policies for online shoppers.

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Buckle up, inflation doesn't seem to be going anywhere any time soon
Inflation, Money Matters Jennifer Joslyn 10/14/22 Inflation, Money Matters Jennifer Joslyn 10/14/22

Buckle up, inflation doesn't seem to be going anywhere any time soon

Compared to September 2021, energy and food costs have risen by 6.6% - this is the quickest jump in forty years.

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Diesel prices soar after 5 weeks of declines
Inflation, Sales, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 10/13/22 Inflation, Sales, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 10/13/22

Diesel prices soar after 5 weeks of declines

All good things must come to an end, it seems.

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International Monetary Fund warns of global recession years after Covid-19 stimulus
Trade & Border Issues, Hot Spots, Inflation, Money Matters, Covid-19 Jennifer Joslyn 10/12/22 Trade & Border Issues, Hot Spots, Inflation, Money Matters, Covid-19 Jennifer Joslyn 10/12/22

International Monetary Fund warns of global recession years after Covid-19 stimulus

The World Economy is looking at a twisted road ahead.

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Gas prices are about to go up, again
Inflation, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 10/7/22 Inflation, Money Matters, Fuel, Nuts & Bolts Jennifer Joslyn 10/7/22

Gas prices are about to go up, again

OPEC+, a team of oil-exporting countries, made the unified decision to decrease the production of oil based on “uncertain market outlooks.”

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