Federal Reserve Signals Unwinds from Quantitative Easing Federal Reserve officials set an October start for shrinking their $4.5 trillion stockpile of assets, moving to unwind a pillar of their crisis-era support for the economy. They also continued to forecast one more interest [...]
Shrinking Paychecks for Men: A New Challenge for the Economy American household income is rising, but it may not be time to celebrate just yet—especially if you are a male. Men are not just still earning less than they did before the [...]
Who’s Afraid of Amazon? Everyone. Best Buy and Macy’s are each expanding their same-day delivery service to more markets as they look to keep Amazon.com and other rivals at bay. The two retailers each recently announced the expansion of the number of [...]
Hurricane Harvey Exposes the Key Role of the U.S. Oil Industry in World Markets World energy markets, from butane in Asia to diesel in Europe and gasoline in Latin America, are feeling the ripple effect of deadly hurricane Harvey’s devastation in southeastern [...]
TomTom Survives a Near Death Experience by Embracing Complexity One of the most useful and amazing utilities of the digital age is navigation. TomTom was among the first to offer this capability to consumers, and for a while the company enjoyed massive [...]
Movie Studios Consider Ways to Speed New Films to the Home Movies studios are again kicking around the idea of releasing new films digitally for at-home viewing only a few weeks after they first appear in theaters—rather than the industry's traditional months-long [...]
Are Uber and Lyft a Threat to the Future of Car Rental Companies? At the dawn of America’s automobile age, a Nebraskan by the name of Joe Saunders came up with a wild idea: He would rent his Ford Model T to [...]
Beer Companies Look to a Healthier Brew for Growth A growing push among consumers to live healthier lives has completely remade the food industry over the last half decade. Consumers shop differently, cook differently, and eat differently today than just five years [...]
Home and Office Fitness Outfits Muscle in on Traditional Gyms The way people work out is changing drastically. Whether people are hopping into their office fitness centers before work, taking a late-night trip down to the gym in their apartment building, or [...]
Struggling Sears Teams with Amazon to Sell Appliances Sears announced that it will begin selling its appliances on Amazon.com, including smart appliances that can be synced with Amazon’s voice assistant, Alexa. Sears, which also owns Kmart, said that its Kenmore Smart appliances [...]