Despite Supply Chain Issues, Amazon Has a Plan to Get Your Holiday Packages To You
The Thankgiving shopping weekend may only officially extend five days, but Amazon has been preparing for the busy season - and the rest of the holiday shopping crunch - all year.
By making investments into logistics and other delivery methods, as well as hiring 125,000 full and part-time workers in addition to 150,000 seasonal workers, the company is confident it can keep things in stock and get items where they need to be. Cheddar News senior reporter Michelle Castillo spoke to global communications director Rena Lunak to find out more.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
