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L.L.Bean embraces its old-school roots with brick-and-mortar stores, print catalogs, no AI
The family-owned retailer that sells everything from clothing and footwear to home goods is betting on the physical world in the age of AI.
FOR SUBSCRIBERSHow L.L.Bean is navigating the U.S.-Canada trade war — and keeping Canadian shoppers close
“We have long had a tremendous relationship with our neighbors to the north,” said CEO Greg Elder.
Inflation ticked up in August, setting the stage for the Fed to hike interest rates
“The fate of the September meeting lies with August CPI,” Citigroup economists wrote.
Oil prices soar to $108 for the first time since May as bond yields jump
As a result of rising prices, the national average gas price rose to $4.27 a gallon, and diesel fuel is inching closer to $6 a gallon.
Oil nears $100 on reports of new U.S. strike in Iran and attacks on Saudi infrastructure
Experts warn that oil could exceed $120 per barrel if such attacks and reduced traffic in the Strait of Hormuz persist.
Fuel prices at record Labor Day high in U.S. due to Iran war and refinery issues
Prices shot up after the U.S. and Israel attacked Iran in February and have not settled down since. Crude oil traffic through the key Strait of Hormuz has plunged, and Iran has refused to reopen the waterway.
Price of diesel hits all-time high as Iran, Ukraine wars constrict global supply
For U.S. consumers, the rising cost of diesel is likely to result in higher retail prices for everything from produce and toys to lumber and apparel.
Oil touches $97 per barrel as diesel prices surge to highest level this year
The nationwide average price for diesel fuel rose to $5.78 per gallon, up 9 cents overnight.
Gas cost calculator: How much have higher gas prices cost you?
Added gas expenses have cost Americans more than $40 billion.
FOR SUBSCRIBERSLong time, no see: What’s behind the sardine shortage
Skyrocketing demand and a shrinking food source are putting pressure on supplies of the tiny, nutrient-packed fish.
Kevin Warsh walks a fine line on inflation in key speech
The president’s new fed chair said persistent inflation is “concerning,” but he did not hint at what the central bank might do about it.
