Salem, Massachusetts just set a new record for Halloween visitors! The city welcomed 87, 351 visitors on October 31, shattering last year's record of 63, 856. This spooky influx is part of the annual Haunted Happenings festival, which brought in 1, 040, 600 visitors this October—an 8. 6% increase fr
You know how often people worry about economic slowdowns? Well, the U. S. economy showed it wasn't bothered by such fears in the third quarter of 2024. It grew at a steady pace of 2. 8%, which is a bit less than expected but still solid. Consumers were the heroes, spending more than they were suppos
You might think high interest rates would slow down the economy. But surprisingly, the U. S. economy grew at a steady 2. 8% pace from July through September. Consumers were the big spenders, driving growth even with higher interest rates. While business investments cooled off a bit, exports picked u
The Federal Reserve is on the verge of announcing a series of interest rate cuts, which could have a significant impact on the economy. The decision to cut rates comes after a long period of steady increases, which had left borrowing expensive and made it difficult for consumers and businesses to in
In a market plagued by economic uncertainty, Shopify's recent earnings report has left investors reeling. The Canadian e-commerce company's shares surged as much as 22% in early trading after it announced a strong second quarter, citing robust demand despite a "mixed consumer spend environment." But
Boston's beloved restaurants are struggling. This summer, typically a slower period anyway, was especially tough. Diners are spending less, coming out less often, and industry experts are asking: is this just a summer blip, or a sign of deeper trouble? We hear from restaurant owners about rising c
Is renting everything really the new normal? A recent survey by Intuit Credit Karma suggests it might be, with 28% of adults routinely renting goods and services, and a whopping 47% when it comes to housing. But is this shift driven solely by affordability, or is there more to the story? The survey
Round-tripping! Channel stuffing! Back-dated contracts - what do these fancy accounting terms really mean? Let's dive into the shady world of fraudulent practices used by Sushovan Hussain, the former CFO of Autonomy who recently got 5 years in prison and a ban on accounting until 2038. According to
