#EYPARTHENON News
US consumer spending jumped in April and inflation accelerated
foxbusiness.com Consumers increased their spending sharply last month and inflation accelerated, fresh data showed Friday, as the Federal Reserve debates whether to raise interest rates in…
‘Turbulence ahead’: Nearly 4 in 10 Americans lack enough money to cover a $400 emergency expense, Fed survey shows
fortune.com It’s no secret that stubborn inflation and aggressive Federal Reserve interest rate hikes have weighed on Americans’ finances for over a year now, but new data from the…
Forcing employees back to the office is insane. A behavioral scientist explains why it's like ‘bashing our heads against a brick wall.’
businessinsider.com The office has its place — for collaboration, mentoring, and training — but productivity is not one of them. Getty Dr. Gleb Tsipursky is a behavioral scientist who helps…
The resilient US consumer is slowing down and analysts are worried they could be 'hitting a breaking point'
fortune.com The US consumer spending binge that took hold during the pandemic is breaking down. The discretionary spending slump that started last year is delivering a new blow to big…
'Discretion' is the new consumer buzzword: Morning Brief
aol.com This is The Takeaway from today's Morning Brief, which you can receive in your inbox every Monday to Friday by 6:30 a.m. ET along with: • None The chart of the day The…
Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation
cnbc.com A shopper browses shirts at a clothing store in Atlanta, Georgia, US, on Tuesday, Feb. 14, 2023. Consumers barely kept up with inflation in April, as retail sales increased…
The Forced Return to Office is the Definition of Insanity. Here’s Why
entrepreneur.com In a world where we've seen five consecutive quarters of declining productivity in the U.S., one would think that CEOs and company leaders would question their tactics. Yet…
How a decline in home sales also trips up retail
marketplace.org Just 21% of adults think now is a good time to buy a house, according to a new survey out today from Gallup. It’s a record low. In fact, it’s only the second time in more…
Inflation: Consumers are spending more dollars, but buying 'fewer goods and services,' says economist
aol.com Americans spending more on services and less on goods is a shift that may be showing signs of tapering off, says one economist. “The relative shift in spend is a story from…
Inflation: 'Americans are being more cautious,' says analyst
aol.com Anyway you look at it, recent economic data shows, “Americans are being more cautious," warns one strategist. “When you keep hearing 'recession,' 'recession,' even if you…
Big tech says it can boost productivity, but AI won’t solve meetings madness
theguardian.com Meetings, more meetings. A Zoom call. A Google Hangout. Another meeting. Answering emails. Have you checked Slack? Did you sign off on those expenses in Concur? Ever feel…