Author: Ben Zeisloft

Levi Strauss Provides ‘Racial Trauma’ Help For Employees Troubled By Rittenhouse Verdict

After Kyle Rittenhouse was acquitted, Levi Strauss tapped a “racial trauma specialist” to counsel employees. During a riot last year in Kenosha, Wisconsin, then-17-year-old Rittenhouse — acting in self-defense — killed two men and injured a third. Earlier this month, Rittenhouse was cleared of all charges. Nevertheless, the iconic clothing company took pains to address […]

Undergraduate Enrollment Has Dropped By Nearly 8% In Two Years

Undergraduate enrollment in the United States is plummeting after COVID-19 and the lockdown-induced recession. According to a report from the National Student Clearinghouse Research Center, 7.8% fewer students are now participating in undergraduate programs, with public two-year schools and private for-profit four-year schools seeing the most significant declines: Roughly two months into the second fall […]

Black Friday Sees More Online Shopping As Retailers Battle Labor Shortages, Supply Chain Disruptions

On Black Friday, more Americans shopped online as many retailers battled labor shortages and supply chain issues. Overall, consumers purchased between $8.8 billion and $9.2 billion online, compared with $9.03 billion a year ago, according to The Wall Street Journal. Meanwhile, the National Retail Foundation predicted that roughly 158.3 million people would shop over Thanksgiving […]

Two Minneapolis Best Buys Robbed On Black Friday As ‘Flash Mob’ Thievery Spreads Beyond California

On Black Friday, two Best Buy stores were robbed in Minnesota. For the past several weeks, major metropolitan areas — especially San Francisco and other California cities — have witnessed large groups of people carry out smash-and-grab robberies. Indeed, Black Friday saw a wave of group thefts across the United States. CBS Minnesota reported: The […]

Americans Ramp Up Consumption Ahead Of Holidays, According To Commerce Department

Consumer spending is increasing ahead of the holiday season, according to federal data. The Wall Street Journal reported: Household spending rose 1.3% in October from a month earlier, while personal income increased 0.5% last month, the Commerce Department said Wednesday. Consumers are benefiting from a strong labor market. And they are spending at a faster […]

The Fed’s Favorite Inflation Measure Hits Three-Decade High

The Federal Reserve’s preferred measure of inflation reached its highest level since 1991. According to the Bureau of Economic Analysis, the Personal Consumption Expenditures Price Index — which the central bank uses to inform monetary policy decisions — hit a year-over-year rate of 4.1% in October. CNBC reported: Along with the surge in prices came […]

Chinese Communist Party’s Data Crackdowns May Be Worsening Supply Chain Crisis

The Chinese Communist Party’s recent crackdown on data processing is reportedly worsening the supply chain crisis. As the movement of consumer goods remains restricted by lockdowns in Asian manufacturing hubs, analysts are noticing that ships in Chinese waters are vanishing from databases. CNN Business explained: Usually, shipping data companies are able to track ships worldwide […]