When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
You know it's a really bad sign when sales are so slow that the malls are closing up. Unless you hate malls. The company operates malls in 44 states, including Boston's Faneuil Hall Marketplace. Seems likely that this is only the tip of the iceberg for commercial real estate.
From the Washington Post:
--df