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rising costs are squeezing retailers’ margins

Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar, the Singapore Retailers Association said. Cost pressure is a big concern for many Singapore retailers which have not completely passed on price increases to consumers, and are currently feeling the "margin squeeze," Ernie Koh, the association's president told CNBC's Street Signs Asia Tuesday. Singapore utilities company SP Group announced that electricity tariffs will be bumped up by about 8% compared to the previous…

Valve warns against squeezing a larger SSD into your Steam Deck

Valve loves to warn people about about the risks of do-it-yourself Steam Deck maintenance, and that now extends to upgrading the storage. In a response to a PC Gamer article on modding the Steam Deck, Valve hardware designer Lawrence Yang warned against upgrading the device's NVMe SSD. While it's technically possible, the M.2 2242 drives (22mm wide by 42mm long) you frequently find in stores are hotter and more power-hungry than the 2230 models (22mm x 30mm) the handheld was meant to support. You could "significantly…

Inflation and recession fears are squeezing some industries more than others

A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow.Jim Watson | AFP | Getty ImagesPeople still appear willing to shell out to travel, go to the movies and have a drink or two, even as surging prices and fears of a recession have them pulling back in other areas.How people spend their money is shifting as the economy slows and inflation pushes prices higher everywhere including gas stations,…