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2/ The annual inflation rate was 7.5%, the highest in nearly 40 years. Still, some economists say January's inflation report shows signs that supply chains upended by covid-19 are on the mend. qz.com/2126047/
2/ Into the future, the savings rate will shrink more slowly. Americans are set to eat up about $5 billion extra a month out of a $2.5 trillion in savings.
2/ Fiction books were the most popular overall, including The Vanishing Half, Where the Crawdads Sing, The Midnight Library, and The Four Winds. The most common checked-out non-fiction book was Caste: The Origins of Our Discontents by Isabel Wilkerson. qz.com/2102283/the-mo…
2/ Covid-19 outbreaks forced meatpacking facilities to shut down, reducing beef production. Labor shortages have also slowed down production, from the food workers processing the beef to the truck drivers transporting it.
2/ Lately, startups have been listing on the US stock market at sky-high valuations, delivering huge returns for their early investors. Meanwhile, a greater number of nontraditional early-stage funders have been lured into the startup market.
2/ The inaugural ranking assessed employers in eight key areas including leadership, pay and benefits, training and development, corporate culture, communication, and overall engagement. #QuartzBestCompanies