Consumer Confidence Down in October

Consumer Confidence Down in October

Consumer confidence in October decreased by one point in October to 94.6, according to The Conference Board’s Consumer Confidence Index. This number is down from 95.6 in September. The Present Situation Index, based on consumers’ assessment of current business and...
Amazon Announces 14,000 Corporate Layoffs

Amazon Announces 14,000 Corporate Layoffs

Amazon recently announced in a message sent to Amazon employees the company’s decision to reduce its corporate workforce by around 14,000 roles, citing AI innovation as a main driver for the decision. “The reductions we’re sharing today are a continuation of this work...
Sherwin-Williams Net Sales Up in Q3 2025

Sherwin-Williams Net Sales Up in Q3 2025

The Sherwin-Williams Company announced its financial results for the third quarter of 2025.  Consolidated net sales in Q3 increased 3.2% to $6.36 billion. Net sales increased primarily due to higher sales in the Paint Stores and Performance Coatings Groups. In the...
Inflation Up in September

Inflation Up in September

Inflation was up in September, according to the latest report from the Bureau of Labor Statistics (BLS). The Consumer Price Index (CPI) increased 3% in the last year, the highest reading since January 2025. The CPI rose 0.3% in September, following a 0.4% increase in...