it’s the economy stupid

  1. Anerdyblackguy

    Some good economic news: U.S retail sales skyrocket by 17.7 percent in may

    Retail sales spiked 17.7 percent in May, after two-month collapse 
By Abha Bhattarai
 June 16 at 8:39 AM ET
 The gains follow record-breaking declines as the coronavirus pandemic forced hundreds of thousands of retailers to abruptly close their doors.


Businesses are beginning to reopen in...
  2. Anerdyblackguy

    40 million Americans are now out of work (1 out of every 4)

    LIVE UPDATES 4 minutes ago U.S. Jobless Claims Pass 40 Million: Live Business Updates RIGHT NOW Another 2.1 million unemployment claims were filed last week, the Labor Department reported Thursday.
  3. Anerdyblackguy

    The face to face meeting is gone and networking is at a standstill how covid 19......

    Coronavirus Brings Business Networking to a Standstill Rachel Sutherland, whose PR firm in Charlotte, N.C., works primarily with chefs and restaurateurs, has seen her plans to develop new business evaporate. CREDIT: SWIKAR PATEL FOR THE WALL STREET JOURNAL Job seekers and small businesses are...
  4. Anerdyblackguy

    Bed Bath & Beyond is closing 60 more stores.

    Bed Bath & Beyond is closing 60 stores, new CEO expected ‘soon’ By Tonya Garcia Published: Oct 3, 2019 2:02 pm ET Analysts are optimistic that new leadership, store closures and other steps will drive growth Bed Bath & Beyond is taking steps to boost sales, including closing 60 stores with...
  5. Anerdyblackguy

    U.S. Manufacturing Slowed in August in Latest Sign of Economic Weakness

    The American manufacturing sector contracted last month, a key measure showed on Tuesday, heightening fears that the trade war with China could bring on a recession. Manufacturing accounts for just 11 percent of the country’s gross domestic product, but it is often seen as a harbinger of what...
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