Cash Crunch U.S. bank accounts were flush with savings to the tune of $2.1 trillion following the pandemic. Those savings have now run dry, according to the Federal Reserve Bank of San Francisco. And that’s having a profound impact on consumer spending and the overall economy. Consumer Contractions First things first: The reason economists worry…Read more
Great Expectations Waiting for a package for three to five business days can feel excruciatingly long, especially as two-day delivery has become the norm with certain retailers. We’ve been conditioned to expect shipments sooner, and expect lightning-fast deliveries, leading America’s retailers to overhaul their shipping processes to meet these expectations. Shipping War Amazon (AMZN), Walmart…Read more
