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November job losses hit two US regions the hardest
Yahoo Finance· 2025-12-03 23:07
Labor data sources not affiliated with the government have become invaluable this year. The White House recently announced that there will likely be no October Bureau of Labor Statistics jobs report due to the government shutdown, and the previously reported blowout positive September data have been called into question. Largest private U.S. employers: Walmart: 1.6 million employees Amazon: 1.1 million employees UPS: 443,000 employees Target: 427,346 employees Home Depot: 418,000 employees Source: R ...
X @The Wall Street Journal
The Wall Street Journal· 2025-12-03 19:08
Leaders of the Maasai ethnic group are seeking a court order to demolish a new Ritz-Carlton luxury safari camp they say blocks a key route of the famous Serengeti migration. 🔗 https://t.co/gJPMNqeErF https://t.co/Uq18RkLdTt ...
Expect a tale of two holiday seasons as the well-off spend and the rest pull back | Gene Marks
The Guardian· 2025-11-30 15:00
Core Insights - The 2025 holiday season is expected to be divided into two distinct segments, influenced by varying consumer spending behaviors based on income levels [1] Group 1: Consumer Spending Trends - Higher-income individuals are likely to have a decent holiday season, with average salaries rising between 4.5% and 6.7% depending on job stability [2] - The top 10% of earners account for 50% of consumer spending, while the remaining 90% are expected to spend less due to high credit card debt and economic uncertainty [5][6] - Retail sales growth is projected at 4% for the holiday season, but much of this increase will be due to inflation rather than volume, leading to relatively flat real spending [7] Group 2: Economic Indicators - Deloitte forecasts holiday retail sales growth between 2.9% and 3.4%, significantly lower than last year's 4.2% and the 10-year average of 5.2% [8] - The economic landscape is characterized by high inflation, tariffs, and uncertainty, impacting consumer confidence and spending [8][9] Group 3: Impact on Small Businesses - Small businesses, which rely heavily on holiday sales for revenue, may face challenges unless they cater to affluent demographics or are located in wealthier areas [10][11] - The disparity in consumer behavior suggests that while some businesses may thrive, others will struggle due to reduced spending from lower-income consumers [9][11]
X @Bloomberg
Bloomberg· 2025-11-30 14:00
At one of the world's leading hospitality schools, I learned the secret to five-start service. Hint: It might be hiding at your local Starbucks. https://t.co/CpLKfu2SCI ...
X @Forbes
Forbes· 2025-11-30 08:00
The gracious estate was the country retreat for the Ferragamo family’s formidable matriarch and her dozens of children and grandchildren. Now it’s a hotel and villas where simplicity reigns supreme.Read more: https://t.co/Lz7HsNefi5Photo: Victor Fritz https://t.co/vZRQZnhLke ...
X @Bloomberg
Bloomberg· 2025-11-30 00:00
At one of the world's leading hospitality schools, I learned the secret to five-start service. Hint: It might be hiding at your local Starbucks. https://t.co/NAj4BGxkSK ...
X @Bloomberg
Bloomberg· 2025-11-29 15:00
Hospitality Industry Insights - Five-star service secrets can be learned from unexpected places, such as Starbucks [1] Service Quality - Leading hospitality schools provide insights into achieving exceptional service standards [1]