The Move Back to $5 Gas
The price for a gallon of regular gas nationwide reached $5 in June. Not adjusted for inflation, this was the highest price in history. Russia’s invasion of Ukraine had cut the global supply of…
All Work
Douglas A. McIntyre
Gap May Close Hundreds Of Stores
Gap has not been able to get its mix of brands and inventory right for years. It has serially closed stores and shuffled through CEOs. Matters could get worse across the holiday season. A…
Apple Battles With Labor
Apple, one of America’s largest companies and the owner of the world’s most valuable brand, has run up against the sort of barrier no one would have seen coming a decade ago. Workers at…
5 Billion Smartphones to Become Trash
The world already has a problem with where all its trash should go. The global inventory of old smartphones has made that worse.
Bed Bath & Beyond Could Go Bankrupt
Bed Bath & Beyond recently was included on a list of store chains that could go bankrupt.
The City With the Highest Foreclosure Rate in America
As the real estate market has started to level, foreclosures have begun to rise, especially in one Illinois city.
Starbucks’ Illegal Action
Starbucks violated federal law by firing pro-union staff members, according to a judge.
AMC Gets Crushed
AMC Entertainment has nowhere to turn for new revenue, so the best management in the world cannot save it.
Pepsi Accused of Lying About Being Green
Rarely is an American public corporation accused of outright lying about its green message. PepsiCo just was.
The 2023 Stock Market Collapse
Some of the most powerful people in the financial world believe the market could drop another 20%. Is that realistic?
The American City Where Home Prices Are Plunging
The city where a retreat in the residential real estate market is most evident is in Texas.
Amazon Attacked by Unions
Unionization of the Amazon warehouse workforce will significantly and permanently add to company expenses.
People May Buy Nothing on Amazon Prime Day
If people are going to sit out the holiday season due to inflation and recession fears, the second Prime Day of the year will be an early indicator.
The $10 Tomato
The skyrocketing price of tomatoes shows how quickly hyperinflation could reach parts of daily life.
The US May Lose 1 Million Jobs
Hundreds of thousands of jobs a month could be lost next year as the United States sinks into a recession triggered by inflation and high-interest rates.
Ford Wrecked by Recession Fear
Ford has bungled several initiatives and now faces a period when new car prices are high, car loan rates have soared and inflation has eaten into discretionary spending.
The Real Estate Collapse of 2023
Experts who cover the real estate market anticipate a collapse of home prices, and sales, in 2023.
McDonald’s Brings Back the Halloween Pail
McDonald’s has brought back the Halloween Pail, a container for children to use when they collect candy on Halloween night.
Faraday Stock Falls Toward $0
EV stocks in general have been in trouble for the last several months. Even Tesla has had an uncharacteristic falloff. Smaller companies, which include Rivian, face existential moments. It just recalled almost every car…
The State Where Incomes Are Rising the Fastest
The story of people’s income in America is essentially one where the figure has risen yearly. Periods of recession have been an exception. Since The Great Recession, the increase has been fairly steady, with…