Tag Archives: Economy

Eighties Babies Are Officially the Brokest Generation, Federal Reserve Study Concludes

Right after the Great Recession, it was a little hard to tell who had it worse: Millennials or Gen X. On the one hand, those of us in our twenties and early thirties faced the dire prospect of starting our careers amid the worst economy in modern memory. Graduating back then felt a bit like leaping off a high dive only to realize someone had drained the water out of the pool. But at least Continue reading

2017 Just Set the All-Time Record for Store Closings

Since January 1, retailers have announced plans to shutter more than 6,700 stores in the U.S., according to Fung Global Retail & Technology, a retail think tank.

That beats the previous all-time high of 6,163 store closings, which hit in 2008 amid the financial meltdown, according to Credit Suisse.

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