economic conditions

Americans won’t be going crazy with holiday gifting this year | CNN Business

by
Americans won’t be going crazy with holiday gifting this year | CNN Business

New York CNN Business  —  The kids, the grandparents, the babysitter, maybe your favorite aunt or uncle. That’s it. You can blame inflation for families knocking friends, co-workers and extended families off your holiday gift lists this year. Persistent inflation – consumer prices increased by 8.5% in July over last year – has reshaped how … Read more

Boris Johnson is handing his successor an economic ‘catastrophe’ | CNN Business

by
Boris Johnson is handing his successor an economic ‘catastrophe’ | CNN Business

London CNN Business  —  Across the United Kingdom, businesses and households are warning that they won’t make it through the winter without help from the government. That sets up enormous challenges for the incoming prime minister, who will be announced this week. For months, the United Kingdom has endured a leadership vacuum while the country … Read more