Has inflation reduction stalled out? Only partly: Inflation in goods went to zero two years ago and has stayed there ever since. However, nominal wage growth continues to play catch-up with overall inflation—and since the price of services is driven largely by wages this has kept services inflation high. Eventually these two will come down ...continue reading "When will inflation finally fall below 2%?"
This week, our first place winner on the insightful side is Stephen T. Stone with a comment on our post about the push to post the Ten Commandments in school, in reply to a comment asking us not to insult the people asking for this: Yes, we could avoid insulting Christian nationalists who want to […]
An email user messaged 498 representatives of Save A Lot’s retail partners falsely claiming that the company was filing for bankruptcy and winding down operations, the suit reads.
According to the Wall Street Journal, shoppers are "fighting back" against retailers who have put more stringent rules in place for returns. But the new rules are no surprise. During the pandemic we were all encouraged to stay home and shop online with the promise that returns would be no problem. And we responded! The ...continue reading "Returns are killing the retail industry"