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Consumer Price Index Shows March Inflation at 8.5%, Highest Since 1981

The Labor Department released its Consumer Price Index on April 12 and the 12-month increase, which has been steadily rising, is the largest since the period ending December 1981, and slightly higher...

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Wendy's Enters the Metaverse with VR Baconators & Fanta Fountains

A few weeks following McDonald's' entry into the metaverse, Wendy's has announced a similar move, with the opening of the "Wendyverse" in Meta's Horizon Worlds on April 2. See: McDonald's is...

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GDP Downgraded Slightly Back to 6.9%, Breaking From Economists' Upward Predictions

The real gross domestic product (GDP) increased at an annual rate of 6.9% in the fourth quarter of 2021, according to the Bureau of Economic Analysis (BEA), and the economy grew at a 2.3% rate in the...

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Meme Stock Madness Is Back: GME, AMC Soar Again

Meme stock madness is making a comeback, with all the usual suspects -- notably AMC, Bed Bath & Beyond and GameStop -- surging in the past few days. See: From Crypto to Stocks, Here's Where...

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Quitting Your Job in Under a Year Is Not the Resume 'Red Flag' It Once Was Thanks to COVID

The Great Resignation, or The Great Reshuffle, is giving jobseekers more leverage for negotiations. With the job market still being very tight and a shift in life priorities, 80% of Americans now say...

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Bank of America Offers New Credit Card With Digital Resources for Small Businesses

Bank of America announced new secured credit options to help small businesses including a credit card and credit line, as well as new digital resources. See: 10 Best Credit Cards for Buying Gas...

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Russia-Ukraine War Exacerbates Car Production Issues, 2.6 Million Fewer Vehicles Expected in 2022

The conflict in Ukraine is exacerbating supply chains in the car industry, and now S&P Global Mobility on Wednesday downgraded its 2022 and 2023 global light vehicle production forecast by 2.6...

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52% of Gen Z and Millennial Employees Willing to Change Jobs This Year

The Great Resignation -- or The Great Reshuffle, as some call it -- is far from over. It's no secret that the pandemic has reshaped perceptions of what constitutes work and the workplace. A desire for...

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Unemployment Insurance Weekly Claims Dip by 15,000 Putting Jobless Numbers at Lowest Since Jan. 1

In an encouraging sign, for the week ending March 12, the advance figure for seasonally adjusted initial jobless claims was 214,000, a decrease of 15,000 from the previous week's revised unemployment...

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Chip Shortage Relief: Intel Plans to Spend $19 Billion on New German Factory

Amid a global chip shortage that many have referred to as "chipaggedon," Intel announced the first phase of its plans to invest $88 billion (€80 billion) in the European Union over the next decade...

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