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Fortune

Katica Roy

A tale of two economies: Why IKEA’s strategy is the antidote to the middle-class margin collapse

IKEA Economy United States Supply chain Fortune Ingka Group

ikea (Credit: Riccardo Milani / Hans Lucas / AFP via Getty Images)

In June, SpaceX’s record-breaking IPO made Elon Musk the world’s first trillionaire. At the same time, a very different economic reality was unfolding for millions of American households.

We are currently living in a tale of two economies.

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Top stories on inkl right now

Ex-student alleging sexual assault felt ‘unsupported’ by Cornell president

Ex-student alleging sexual assault felt ‘unsupported’ by Cornell president

The ex-student writes she wants to share information that ‘may be relevant’ to vote of no confidence

The Guardian - US

Republicans push back on Donald Trump’s wavering support for Ukraine

Republicans push back on Donald Trump’s wavering support for Ukraine

GOP lawmakers threaten to pull support for president’s agenda after Russia diesel deal and sanctions pause

The Guardian - US

Nebraska dad sues state after his record request has $1M bill - and a 2076 answer timeline

Nebraska dad sues state after his record request has $1M bill - and a 2076 answer timeline

‘I was dumbfounded. I thought I was reading it wrong’

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Hobbs vs. Biggs: How a 31-Point Latino Polling Gap Could Determine Arizona's November Outcome

Hobbs vs. Biggs: How a 31-Point Latino Polling Gap Could Determine Arizona's November Outcome

Michigan's term-limited governor joins Hobbs in Phoenix as polls show a 31-point Latino lead over Biggs — with 14 days left in Arizona's decisive race.

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Protests Keep Escalating in France. The Government Will Now Deploy the Military.

Protests Keep Escalating in France. The Government Will Now Deploy the Military.

The Sentinelle force will be used "mainly on static security missions."

International Business Times

Outrage over high school football game after player tackles opponent carrying American flag in now-viral video

Outrage over high school football game after player tackles opponent carrying American flag in now-viral video

The school district said that the student ‘allowed his emotions to override his judgment in the heat of the moment’

The Independent UK

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Top stories on inkl right now

Ex-student alleging sexual assault felt ‘unsupported’ by Cornell president

Ex-student alleging sexual assault felt ‘unsupported’ by Cornell president

The ex-student writes she wants to share information that ‘may be relevant’ to vote of no confidence

The Guardian - US

Republicans push back on Donald Trump’s wavering support for Ukraine

Republicans push back on Donald Trump’s wavering support for Ukraine

GOP lawmakers threaten to pull support for president’s agenda after Russia diesel deal and sanctions pause

The Guardian - US

Nebraska dad sues state after his record request has $1M bill - and a 2076 answer timeline

Nebraska dad sues state after his record request has $1M bill - and a 2076 answer timeline

‘I was dumbfounded. I thought I was reading it wrong’

The Independent UK

Hobbs vs. Biggs: How a 31-Point Latino Polling Gap Could Determine Arizona's November Outcome

Hobbs vs. Biggs: How a 31-Point Latino Polling Gap Could Determine Arizona's November Outcome

Michigan's term-limited governor joins Hobbs in Phoenix as polls show a 31-point Latino lead over Biggs — with 14 days left in Arizona's decisive race.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Protests Keep Escalating in France. The Government Will Now Deploy the Military.

Protests Keep Escalating in France. The Government Will Now Deploy the Military.

The Sentinelle force will be used "mainly on static security missions."

International Business Times

Outrage over high school football game after player tackles opponent carrying American flag in now-viral video

Outrage over high school football game after player tackles opponent carrying American flag in now-viral video

The school district said that the student ‘allowed his emotions to override his judgment in the heat of the moment’

The Independent UK

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1867 gold coin found in Texas closet sells for $97,600 after 159 years in a family’s possession

A remarkable 1867-S Liberty Half Eagle gold coin was unearthed from an obscure closet in Texas, boasting a staggering value of $97,600. This highly sought-after coin, a valuable heirloom of a Union soldier, shattered previous auction records. Experts praised its rarity and condition, sparking intense competition among collectors. After a…

The Times of India

Jennifer Lopez reportedly ‘casually dating’ Ted Lasso actor Brett Goldstein

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Pooh Shiesty Files Emergency Motion Claiming 23-Hour Solitary Isolation Is Harming Mental Health

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