Saks Fifth Avenue, a name synonymous with luxury, is facing serious problems. The company, which also owns Neiman Marcus and Bergdorf Goodman, is struggling to manage its money. This has led to empty shelves, late payments to suppliers, and unhappy customers. The troubles started when Saks bought N
The job market might be in a tricky spot. A special chart, not many people talk about, is making some economists nervous. It's called the Beveridge curve. It shows how job openings and unemployment are connected. Right now, it's hinting that things might get worse soon. Last month, the US added 50,
Let's talk about tariffs and their sneaky impact. For a while, folks were worried that prices would skyrocket, but that didn't happen as much as expected. However, the job market took a hit. Job growth slowed down, and unemployment went up. It's not just about the money in your pocket; it's about th
Springfield is buzzing with changes, from new leaders to exciting venues. The Library Center's Hatch Auditorium is set to open on January 16, featuring a striking new sculpture called "Vistalation" by local artist Michael Stelzer. This piece, part of the Sculpture Walk Springfield program, was made
The village of Bloomingdale is transforming the old Stratford Square Mall into a vibrant mixed-use district called The Grove. This $78 million project aims to bring back the community spirit that the mall once had. The Grove will feature restaurants, entertainment options, and housing, all centered
A new fund is making waves in the world of media and creators. Guggenheim Brothers Media, backed by Abu Dhabi's Ethmar International Holding, has raised $50 million. They plan to invest in startups focused on media, entertainment, and the creator economy. The goal? To pour $2 million to $5 million i
GM is feeling the pinch in the electric vehicle (EV) market. The company has announced a significant financial adjustment, amounting to $6 billion. This move is tied to their plans to scale back some EV production. The decision comes as demand for EVs cools down and regulatory support wanes. This i
Building a strong team is crucial for any business. Everyone wants to hire passionate people, but it's not always easy. Tools and tests can help, but they don't always reveal true passion. Simon Sinek once said that great companies hire people who are already motivated and then inspire them. This ma
Business owners today are in a tough spot. They want AI to make things easier, but they're scared it might mess up important tasks. They worry AI could give wrong answers, upset customers, or break systems that took years to build. AI is everywhere now. In 2024, most companies used AI in some way.
Pico’s BBQ, a beloved Texas-style barbecue spot, has shut its doors. The food truck, known for its mouthwatering ribs, brisket, and sausage, was a rare gem in the Peninsula area. It had been serving up delicious eats on Saturdays for about a year in Redwood City. Before that, it was a pop-up, poppin
