Record inflation is roiling Amazon's retail business, adding a jolt to an already volatile post-pandemic business environment. Amazon is seeing steeper margin declines, slower-than-expect demand, and surging employee attrition driven by below-inflation raises. Frustration over…
Two big changes shaping future of comic book…
The "book channel" — which includes chain bookstores and online retailers — is projected to surpass comic shops as the the largest channel for comics sales this year. There are two major reasons why this…
Boris Johnson will have to ask EU to…
Members of the UK Parliament vote to delay holding a vote on Boris Johnson's Brexit deal. The Prime Minister had brought forward a vote on the deal he agreed with EU leaders this week. However,…
How Alexandria Ocasio-Cortez decided to endorse Bernie Sanders…
Rep. Alexandria Ocasio-Cortez endorsed Sen. Bernie Sanders' presidential campaign as he was hospitalized in Nevada following a heart attack. But the freshman congresswoman was torn for months between her allegiance to Sanders' political revolution and…
5 reasons retirees should open a rewards credit…
Tom Thiercelin/EyeEm/Getty Images When you consider how most major credit card issuers market their cards these days, it's easy to believe their prime market includes millennials, Gen Xers, and 50- and 60-somethings who are still…
Next recession: Peter Schiff says next one will…
Peter Schiff, the outspoken CEO and president of Euro Pacific Capital, has a stark warning for investors who think the Federal Reserve will be able to bail out the US economy. Schiff says the Fed…
Chick-fil-As UK backlash highlights reputations risk to growth…
Chick-fil-A's first location in the UK is set to close when its lease runs out in six months. A representative for The Oracle shopping center in Reading told the BBC that the lease will not…
Trump hosting G-7 at Miami Doral could violate…
Mick Mulvaney, the acting White House chief of staff, announced at a Thursday press briefing that the US would be hosting the 2020 G7 summit at the Trump Organization-owned Miami Doral Resort. The decision to…
Activists supporting Hong Kong protests filled stands at…
Pro-democracy protesters filled the stands at a preseason game between the Toronto Raptors and the Brooklyn Nets in Brooklyn, New York, Friday night. They wore shirts and masks and held signs in support of Hong…