When the lockdown subsided and businesses opened up again, so did wallets -- causing a surge in "revenge spending." Now, that pattern of consumer spending is cooling, which may help inflation but could put a dent in some of the "revenge categories" (like hospitality) that have rebounded since the pandemic.
The average household spent nearly a quarter of its stimulus check on goods and services last month, according to the Federal Reserve Bank of New York.
The authors of 'Gender Intelligence,' out this month, argue companies should recognize the value of thinking differently and blend the talents of men and women -- at all levels of leadership.