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Stephen Sayoc Named Randolph Academy Principal

RANDOLPH — The Randolph Academy has appointed Stephen Sayoc as the new principal of its Randolph campus. Sayoc has been with the district since 2018, when he joined the Randolph campus as a school counselor, a role he held until this new appointment. He has held similar roles at East ...

Demand Driving Higher Inflation

WASHINGTON — U.S. inflation is showing signs of entering a more stubborn phase that will likely require drastic action by the Federal Reserve, a shift that has panicked financial markets and heightens the risks of a recession. Some of the longtime drivers of higher inflation — spiking gas prices, supply chain snarls, soaring used-car prices — are fading. Yet underlying measures of inflation are actually worsening. The ongoing evolution of the forces behind an inflation rate that’s near a four-decade high has made it harder for the Fed to wrestle it under control. Prices are ...

Retailer Eyes Supply Chain Fixes

NEW YORK — From his perch as American Eagle Outfitters’ chief supply chain officer, Shekar Natarajan is taking a page from shared ride service Uber to modernize the supply chain for retailers. Since Natarajan joined American Eagle almost four years ago, the teen retailer has acquired two ...

Rents Start To Come Down, But Trend May Not Hold

NEW YORK — Rents are starting to come down after spiking to record levels this past summer, but experts are uncertain if the slowdown will continue. Christopher Mayer, professor of real estate at Columbia Business School, said people looking for an apartment now might have a better ...

Airlines Need Business Travelers To Keep Recovery Going

DALLAS — With summer vacations winding down, airlines are counting on the return of more business travelers to keep their pandemic recovery going into the fall. Air travel in the United States, bolstered by huge numbers of tourists, has nearly recovered to pre-pandemic levels — even ...

Beauty Product Sales Strong

NEW YORK — Like many Americans, Karla Maldonado has been cutting back her spending to spare her wallet from rising costs: She is eating out less and attending fewer social events to curb the impact of high gas prices. But the 26-year-old social worker of Portland, Oregon, hasn’t skimped on her eye makeup — the mascara, eyeliner and eyeshadow she typically wears to work just above her face mask. “That’s something I can’t go without,” Maldonado said. And she doesn’t seem to be alone. Many major retailers slashed their financial outlooks for the year after seeing ...