Investors and economists have been sounding the recession alarm.But one major economist who has seen warning signs mounting for many months says this potential recession is unlike what we’re used to.That economist is Mohamed El-Erian, previously the chief executive officer of the massively influential bond-market player PIMCO.He also chaired former President Barack Obama’s Global Development…

Black Friday is traditionally seen as the kickoff for America's Christmas shopping season , but inflation appears to have shifted consumer behavior this year to the point Black Friday will be eclipsed ever so slightly by Small Business Saturday.A new survey released by Bankrate.com found that 59% of holiday shoppers are likely to hit stores…

Tech layoffs 2022: Alphabet reportedly prepares to lay off 10,000 employees 400tmax/iStock Google’s parent company Alphabet, which so far seemed immune to layoffs in the tech industry, is preparing to lay off as many as 10,000 employees.To do so, it has brought in a new system of ranking employee performance, Forbes reported. Tech companies that…

Stowaway cat found in bag at JFK airport Don’t accuse the TSA of catnapping on the job.When an alert agent at New York’s John F.Kennedy airport noticed tufts of orange fur poking out of a slightly unzipped suitcase, it gave him pause. As the bag went through the X-ray unit Nov.16, the Transportation Security Administration…

Canada Post is upping surcharges on domestic packages to nearly 40 per cent as the price of living remains steep across the country. On Nov.28, the postal operator will raise the surcharge to 39.5 per cent for domestic services in what Canada Post says is to make up for increased fuel prices.The fuel surcharge from…