Tag: Economy

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Markets

No, the markets are not panicking about inflation

No, the markets are not panicking about inflation

If you’ve turned on a TV, listened to the radio, or surfed internet news sites recently you’ve almost certainly heard that there is a crisis, and a panic, about inflation. You’ve been told it’s the reason the Federal Reserve is jacking up interest rates. It’s the reason the stock market has been plunging. It’s a […]

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Business

Peloton, Upstart, Vroom and more

Peloton, Upstart, Vroom and more

A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, US, on Wednesday, Feb. 3, 2021. Adam Glanzmann | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Peloton – Shares tumbled 12% after the equipment maker disclosed it’s piling up excess inventory and burning […]

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Business

Carvana Lays Off Thousands on Same Day It Buys Auction House

Carvana Lays Off Thousands on Same Day It Buys Auction House

photo: Getty Images (Getty Images) Carvana, the used car dealer founded a decade ago whose meteor growth was met with a fair number of problemssaid Tuesday that it would lay off 2,500 employees, with executives going unpaid for the rest of 2022. In a filing with the Securities and Exchange CommissionCarvana called the move a […]

Categories
Economy

Skipping meals. Racking up debt. How inflation is squeezing single parents.

Skipping meals. Racking up debt. How inflation is squeezing single parents.

That has left many single parents skipping meals so their children have plenty of food, providing less healthy meals for their families, and culling expenses to the point where any unforeseen cost could mean more debt — or worse. “It’s a really tricky game to figure out what can I do, what can I not […]