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Interesting 1-minute reads to keep you updated on industry-wide happening!
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Economic Model Predicts Recession in 2024 with 85% probability
Economist David Rosenberg’s newly highlighted economic model suggests that the US economy is likely to face a recession in 2024. Known as the “full model,” it indicates an 85% chance of a recession within the next 12 months, marking…
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Britain’s Wage Dilemma: Balancing Growth and Inflation in the Face of Economic Uncertainty
Towards the end of 2023, wages (excluding bonuses) increased by 6.2% in Britain. Despite the concerns of the economy entering a shallow recession, this is only a slight decline from 6.7% growth in the previous quarter. It can be…
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Walmart eying big on India
Walmart has sourced $30 billion worth of products from India over two decades and aims to reach an annual target of $10 billion by 2027, as revealed by Andrea Albright, EVP – Sourcing. The company’s two-day mega sellers’ growth…