Bloomberg America’s labour shortage has spread to the Santa Claus economy. Like other industries, demand for workers in this sector has surged as Americans try to return to pre-pandemic life. There are about 3,000 open positions across the country for Kris Kringle look-a-likes at malls, homes and corporate events, according to Mitch Allen, founder of Dallas-based talent agency HireSanta. The …

Bloomberg Kroger Co raised its profit forecast for the third straight quarter, propelling shares back near the record heights they attained in September. Adjusted earnings in the current fiscal year will be in the range of $3.40 to $3.50 a share, Kroger said in a statement as it reported earnings. That followed increases to the grocer’s outlook in June and …

Bloomberg China cut the amount of cash most banks must hold in reserve, acting to counter the economic slowdown in a move that puts the central bank on a different policy path than many of its peers. The People’s Bank of China will reduce the reserve requirement ratio by 0.5 percentage point for most banks on December 15, releasing 1.2 …