Economics

Economics

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Investors compete with homebuyers in tight market
Investors compete with homebuyers in tight market
Homebuyers looking for a new spot to lay their head at night in Metro Detroit are competing for one of the limited number of houses for sale. But added to the mix: investors, who are also vying to buy homes from the same historically low pot. Their inverse goal: a spot for others to lay their heads…
derek68·crainsdetroit.com·
Investors compete with homebuyers in tight market
Pandemic pets are a 'furry annuity,' says Petco CEO
Pandemic pets are a 'furry annuity,' says Petco CEO
NEW YORK (AP) — Yummy, a 12-year-old Labrador retriever, is in Petco's San Diego offices so much he has his own title. “We call him the chief dog officer,” says CEO Ron Coughlin, the real top dog at Petco, who brings Yummy to work every day.
derek68·apnews.com·
Pandemic pets are a 'furry annuity,' says Petco CEO
In the restaurant business, power is shifting to the workers
In the restaurant business, power is shifting to the workers
When Omar Anani was starting out in the restaurant industry more than a decade ago, he slept in the back seat of his car and often didn't know where his next meal would come from. Even with tips, the $2.65 an hour he made as a server wasn't enough to live on. "It was something I swore I would never…
derek68·crainsdetroit.com·
In the restaurant business, power is shifting to the workers
Why Interest Rates Have to Stay Low For a Very Long Time
Why Interest Rates Have to Stay Low For a Very Long Time
Inflation is finally here, at its highest level since the aftermath of the 2008 crisis:We don't know if it's going to last but wages are finally rising, there is a shortage of seemingly everyt
derek68·awealthofcommonsense.com·
Why Interest Rates Have to Stay Low For a Very Long Time
Levi's CEO on changing sizes, inflation and voter rights
Levi's CEO on changing sizes, inflation and voter rights
NEW YORK (AP) — As Americans start to go out and update their wardrobes, jeans giant Levi Strauss & Co. is enjoying a resurgence in denim. That has helped the company upgrade its fiscal first-half outlook and has pushed shares of Levi’s about 30% higher so far this year.
derek68·apnews.com·
Levi's CEO on changing sizes, inflation and voter rights
U.S, EU agree truce in 17-year Airbus-Boeing conflict
U.S, EU agree truce in 17-year Airbus-Boeing conflict
The United States and the European Union have agreed a truce in their near 17-year conflict over aircraft subsidies, suspending for five years one set of Trump-era tariffs which had soured relations between them.
derek68·reuters.com·
U.S, EU agree truce in 17-year Airbus-Boeing conflict