Ocean Shipping Rates Have Plunged 60% This Year

Freight rates on the main ocean trade routes are sinking during what is typically the industry’s peak season after cargo owners shipped holiday goods early and inflation dented consumer demand. The co...

Best Buy’s Challenges Abound – Will Sales Rebound?

Levittown, New York. (Photo by Bruce Bennett/Getty Images) Getty Images It is always a challenge for a retailer that sells merchandise keyed to special occasions or seasonal events such as the Olympic...