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The National Retail Federation’s 2023 National Retail Security Survey showed businesses’ 2022 average shrink rate — calculated as a percentage of sales — was 1.6%, up from 1.4% in 2021 ...
The rates climbed as the Federal Reserve implemented a series of increases in its key rates in 2022 and 2023, but those increases are expected to slow or stop in 2024. The more promising news on ...
While most countries saw a rise in their annual inflation rate during 2021 and 2022, some of the highest rates of increase have been in Europe, Brazil, Turkey and the United States. [ 120 ] [ 121 ] By June 2022, nearly half of Eurozone countries had double-digit inflation, and the region reached an average inflation rate of 8.6%, the highest ...
Under California law, Newsom is granted the authority to appoint a successor [20] and announced that EMILY's List president Laphonza Butler would serve as California's junior senator on October 1. [21] Butler will not run for reelection in 2024. [22] Feinstein lay in state at San Francisco City Hall, and a memorial was held for her on October 5 ...
California lawmakers on Monday gave final approval to a package of 10 bills meant to combat retail theft, an effort that divided Democrats as they confronted key issues in the upcoming November ...
The National Retail Federation releases an annual retail sales forecast each spring. NRF forecasted that 2024 retail sales would be between 2.5% and 3.5% to between $5.23 trillion and $5.28 trillion. [41] The 2024 sales forecast compares with 3.6% annual sales growth of $5.1 trillion in 2023. [42]
Citing what it calls a potentially “dire situation,” State Farm on Monday asked California for permission to hike insurance rates by an average of 22%. In the wake of the Los Angeles-area ...
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