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Trifecta of inflation, recession, and banking insolvency leading to a 'doom loop': Economist

Decades-high persistent inflation combined with increasing risks of an economic recession and an imminent insolvency crisis in the banking sector have resulted in a “trilemma” facing central [.]

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Get woke, go broke: Bed Bath & Beyond now begging product consignment company to stock its shelves so that stores don't appear empty

Woke retailer Bed Bath & Beyond was spiraling into the ash bin of history but has gotten a last-minute reprieve of sorts that will likely only delay the franchise's collapse. On [.]

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Walmart cuts another 2,000 warehouse jobs following retail store closure announcement

Five of Walmart's e-commerce warehouses are slated to lose another 2,000 jobs, the company announced this week. More than 1,000 people will be let go from a warehouse in Fort Worth, Tex., as [.]

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Google tightens belt, implements cost-cutting measures like removing snack bars and staplers

Search engine giant Google has begun implementing cost-cutting measures, as confirmed by the company's chief financial officer. Google CFO Ruth Porat broke the news in a March 31 email sent [.]

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New post-pandemic dining restrictions in some cities charge customers hundreds of dollars just to get seated at a table

A lot has changed ever since the Wuhan coronavirus (Covid-19) was forced on the world, including in the food service industry. Some restaurants in major cities like Chicago have begun imposing [.]

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