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Supply-chain delays and skyrocketing shipping costs hit Cort furniture leasing company hard

Supply-chain delays and skyrocketing shipping costs hit Cort furniture leasing company hard

If a business depends upon timely supply or shipping, this an important story. Cort is experiencing delays and costly inflation at every stage in its supply chain. Its shipments have been months behind schedule ...

U.S. labor revival in doubt as Delta raises worries about 'back to school'

U.S. labor revival in doubt as Delta raises worries about ‘back to school’

Expectations for a quickening U.S. economic recovery hinge in large part on more workers in jobs once in-person schooling resumes this fall. But the Delta variant could scupper those expectations if parents, especially women, ...

Smart buildings: Cohesion CEO on the office of the future

Smart buildings: Cohesion CEO on the office of the future

Chicago-based Cohesion, which works with companies worldwide to create software for “intelligent” buildings, sees an increase in the number of people who would use a building smartphone app to track cleanliness, air quality and ...

Treasury Dept to invoke ‘extraordinary measures’ as Congress misses debt-ceiling deadline

Treasury Dept to invoke ‘extraordinary measures’ as Congress misses debt-ceiling deadline

The Treasury Department will begin conducting emergency cash-conservation steps. Economists say those so-called extraordinary measures will allow Treasury to pay off the government’s bills without issuing new debt for up to three months. That ...

There’s an unemployment cliff coming. More than 7.5 million may fall off

There’s an unemployment cliff coming. More than 7.5 million may fall off

Federal unemployment programs that have paid jobless benefits since March 2020 are poised to end Sept. 6. It doesn’t appear Congress will extend them again. Roughly 7.5 million people will lose benefits entirely at ...