4-5-2021: More Retail Pain Ahead:  UBS Predicts 80,000 Stores Will Close in The U.S. By 2026

4-5-2021: More Retail Pain Ahead: UBS Predic...

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Inflation's Stubborn Return: Wholesale Prices Surge Signals Persistent Price Pressures

Wholesale prices rose sharply in the latest report, pointing to persistent inflation that could complicate Federal Reserve policy decisions. This unexpected uptick in producer prices suggests the inflation fight is far from over, despite earlier optimism about cooling price press ...  Show more

The Great AI Job Displacement: Block, eBay Cut Thousands as AI Reshapes Workforces

Block is planning to lay off nearly half its workforce in what it calls a 'deliberate and bold' embrace of AI, while eBay cuts 800 jobs citing AI transformation. This wave of AI-driven layoffs raises critical questions about the future of work and whether these productivity gains ...  Show more

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