What to know this week

This holiday-shortened week, investors will receive a hefty set of new economic data and earnings results. New inflation reports will be especially closely watched, and preliminary data on Black Friday sales will help serve as an early gauge of holiday shopping strength for retailers. In observation of the Thanksgiving Day holiday, both the U.S. stock and bond market will close and no trading will take place Thursday. The stock market will close early at 1 p.m. ET on Friday, and SIFMA also… Source link

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‘The greatest story for the 2022 outlook yet untold’

A version of this post was originally published on TKer.co. You might have noticed that your options at the store are more limited than usual. This is because of the supply chain issues we all hear about every day. And don’t bother asking sales reps if they have more of anything in the backroom or the warehouse. Inventory levels across all industries are depleted. According to Census data released Tuesday, the inventory/sales ratio¹ for all businesses stood at 1.26 in September, down from… Source link

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NY tenants, landlords ‘beyond frustrated’ as state awaits word on rent assistance funds

New York’s $2.4 billion rental assistance fund has nearly run dry, prompting state officials to scramble for more federal funding to cover a backlog of thousands of applicants — and leaving cash-strapped tenants and landlords in limbo. Earlier this month, the Empire State made the surprise decision to halt new applications for its Emergency Rental Assistance Program (ERAP) program — an outgrowth of the controversial federal eviction moratorium that was ruled unconstitutional by the… Source link

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Oklahoma, Clemson, Florida State orchestrate key wins

With one Saturday left until conference championship weekend, it’s come down to this: Ohio State walloped Michigan State, Michigan did the same to Maryland and the two will face off in seven days to decide who wins the Big Ten East and plays for a spot in the College Football Playoff. Alabama eventually pulled away from Arkansas to secure the SEC West and lock down a spot against Georgia, where the question will become whether the conference will send one or two teams into the… Source link

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Disney World puts COVID-19 vaccination mandate policy on hold

By Anirudh Saligrama (Reuters) – Disney World near Orlando, Florida, operated by Walt Disney Co, has put its COVID-19 vaccination mandate on hold, a spokesperson said on Saturday. The move comes amid the Biden administration’s workplace COVID-19 vaccine rule, which requires businesses with at least 100 employees to require staff get vaccinated against COVID-19 or be tested weekly and wear a face covering at work. Local TV station Fox 35 was first to report the news, citing a cast member at the… Source link

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Leaked images of the Google Pixel 6A show a more compact device with no headphone jack

Rendered images of the Google Pixel 6A have been leaked by reliable leaker Steve Hemmerstoffer (@OnLeaks), and give us a glimpse at what the midrange device may look like, first reported by 91Mobiles. The leaked images show the Google Pixel 6A without a headphone jack. | Image: Steve Hemmerstoffer / 91Mobiles The rendered Pixel 6A, which belongs to the budget-friendly Pixel… Source link

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Thanksgiving turkey, food should be plentiful, but may cost ‘quite a bit’ if you haven’t gotten yet

Thanksgiving 2021 is already here and consumers are flocking to the stores to get last minute items. Yet given surging prices and the supply crisis that’s resulted in shipping bottlenecks, will there be anything left? According to experts, the answer is — there should be. “Consumers are are not really panic buying, but they’re buying in anticipation of not having it,” Pedro M. Reyes, associate professor of business at Baylor University, told Yahoo Finance. In many U.S. grocery stores,… Source link

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‘Explosion’ in secondhand clothes helps fill gap created by supply chain, holiday demand

As the supply chain crisis threatens to disrupt the holiday shopping season, more people are turning to an unlikely source — used clothing — to fill the gap. November is known traditionally as one of the best months to find deals. This year, however, many hot products are in short supply, or are more expensive than usual because of supply chain bottlenecks. And while discount sales started sooner this year, the secondhand clothing market is increasingly popular. “We’ve seen an explosion… Source link

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