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Procter & Gamble to cut 7,000 jobs as part of broader restructuring

Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by...

2 days ago

Stock

Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump’s tariffs on Chinese imports...

3 days ago

Economy

Inflation: Expected and Unexpected

I’ve just completed my periodic update of business price expectations, including selling prices (the wavy solid line in the following chart) and buying prices...

August 21, 2023
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