There is no question about the fact that inflation comes with a wide variety of undesirable effects on the global economy. This year, inflation is affecting the US economy as well as other economies around the world, as it continues to be propelled by important global issues, such as the COVID-19
The pandemic undoubtedly affected the global economy, and mounting inflation is still a major global concern. However, although most industries suffered significant losses during the healthcare crisis, e-commerce continued to grow and evolve in most countries. With numerous people working from home
With concerns about a new wave of COVID-19, extreme heat waves over the globe, and the ongoing Russian invasion of Ukraine, the global economy seems to be heading for uncharted waters. Companies in the US and abroad are struggling to create optimal strategies to solve existing problems and grow
Inflation continues to rise in the US, having already reached a rate of 8.6% in May—the highest level seen in the last forty years according to the Labor Department . The consumer price index (CPI) for the same month shows that the cost of living was also up one basis point from April, as prices f
Global supply chains have been severely disrupted by challenges related to the COVID-19 pandemic—including delays and port congestion—and as the global healthcare crisis started to wane, new issues (like Russia’s invasion of Ukraine) increased the pressure on retailers around the globe. According to
The recent global healthcare crisis has prompted numerous businesses in the U.S. and abroad to reassess the classic business models or face their own demise. Digital technologies are now improving most industries around the world, and companies everywhere are boosting their sales and profits by
