Amazon had a difficult quarter, but growth outside of e-commerce saved them
One potential strategy for Amazon to continue to grow and remain competitive in the long term is to diversify its revenue streams and expand into new areas beyond its core e-commerce business.
Recruiter satisfaction matters for a successful business
Companies should regularly review their recruiting processes and tools to ensure that they are efficient, user-friendly, and aligned with the needs of recruiters.
High inflation is the gift that keeps on giving
Despite the United States’ annual inflation taking a breather at 6.4% in January, the inflation rates are likely to remain high for quite some time.
US consumers see light at the end of the economic tunnel
Despite high-interest rates and staggering inflation, Americans are continuing to spend the money in their pocketbooks.
The paradoxical economy has economists scratching their heads
There are several possible explanations for why inflation could be high despite weak economic growth and low unemployment, including the near-constant supply chain disruptions.
The United States’ debt is set to skyrocket to $19 trillion over the decade
According to the Congressional Budget Office, the increasing cost of interest rates, retiree benefits, and military spending are expected to send the country’s debt to the moon by 2033.
Pressure on Tesla paid off: Supercharger network expansion to move forward
The electric vehicle automaker’s electric charging infrastructure will be expanding to include other electric vehicle models by the end of 2024.
Danish maritime data expects container shipping lines to begin a price war
Due to the significant demand decrease after pandemic-driven highs, carriers are very aware that they have the ability to adjust capacity tactically.
Wisconsin approves a $5.3 million port infrastructure grant
Along the Great Lakes to the Mississippi River, Wisconsin’s unique topography is often overlooked in terms of ports.
Egg inflation soars to 8.5%, along with other breakfast foods
Citrus fruits, cereal, and baked goods paced alongside eggs - making breakfast a “treat” for most American families.
Ford’s electric pickup F-150 Lightning production has been paused
Long-awaited shipments of the F-150 Lightning have been halted abruptly as a potential problem with the vehicle’s battery pack has been identified.
Cutting costs after truck rates decline
Truck rates are a significant component of transportation costs, and falling rates can help to reduce the overall cost of transporting goods.
Germany reduces electric vehicle subsidies, resulting in fewer EV sales
Experts are claiming that governments cannot afford to keep electric vehicle subsidies in place forever, and some are wondering if Germany is a sign of what’s to come.
After a weak shopping season, Americans bounce back in the new year despite inflation
Overall, while rising inflation and interest rates can put pressure on consumer spending, other factors such as consumer confidence, supply chain disruptions, shifts in spending patterns, and sector-specific factors can contribute to a jump in retail sales.
Electric vehicles may be as affordable as gasoline cars in 2023
While the price tag on electric vehicles has often played a part in why many Americans cannot afford them, sticker prices are beginning to decline.
UPS lays off unspecified number of Teamsters union junior drivers
Citing the so-called “22.4 classification” in the UPS-Teamster contract, the company has sent an unspecified number of junior drivers packing.
U.S. natural gas consumer spending grew 37% in 2021
The amount spent on natural gas rose in every state in 2021, nearly doubling in Oklahoma and Texas.
Freight trucking industry is beginning the journey to electric vehicle adaption
It's likely that electric trucks will be introduced in urban areas and cities first, where there is a higher demand for sustainable and efficient transportation options.
Superbowl ads passed on edgy humor this year and instead focused on making viewers feel good
Super Bowl advertisements are some of the most highly watched and anticipated commercials of the year, and companies aim to make a lasting impression on the millions of viewers tuning in.
NRF Economist tells Americans that fears of a recession may now be overblown
The National Retail Federation (NRF) Chief Economist is citing easing inflation as a reason to forecast growth in 2023.
