Supply chain snafus touch every corner of the economy

New York (CNN)Surging shopper demand coupled with shipping container shortages and bottlenecks at ports have already triggered tighter supply of products, from cars to shoes. In particular, some of America’s biggest sellers of clothing and shoes cite one catalyst that has compounded the pressure: factory closures in Vietnam stemming from […]

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Amazon's new CEO faces antitrust and worker pressure

New York (CNN Business)Amazon has reached a settlement with two former employees who claimed they were illegally fired after speaking out against the company. Two former Amazon corporate workers, Emily Cunningham and Maren Costa, said that Amazon (AMZN)fired them last year after they organized workers around climate action and warehouse […]

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Inflation is back as the US economy reopens

London (CNN Business)Price are rising quickly across huge swaths of the developed world, with inflation in countries that belong to the Organization for Economic Cooperation and Development surging in April to the highest rate since 2008. Energy price hikes boosted average annual inflation across OECD countries to 3.3% in April, […]

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