Aug 2, 2024

The U.S. economy is still adding jobs, but there’s a slowdown

Mario Tama/Getty Images

And more of a slowdown than many analysts thought. Unemployment rose more than expected too.

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Furniture retailers like Wayfair suffer as fewer people buy homes

by Daniel Ackerman

Aug 2, 2024

This week, Wayfair reported a $42 million loss and its CEO compared the drop in demand to the one seen in the last financial crisis.

Wayfair, among other furniture retailers, has experienced revenue declines in recent months.

Scott Olson/Getty Images

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David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Alex Schroeder Producer

Ariana Rosas Producer

Dylan Miettinen Digital Producer

Jesson Duller Media Producer

Nic Perez Director/Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Naomi Rainey Producer, BBC

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