Beyoncé’s New Album, Winter Weather Forecast and Fortune Global 500 Released | This Week on PR Newswire
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy:
Beyoncé Releases Renaissance
The seventh studio album from Beyoncé is now available worldwide on all major streaming platforms. From Beyoncé’s own label, Parkwood Entertainment, and Columbia Records, Renaissance arrives six years after the globally lauded Lemonade was released in 2016 as a complete surprise. The originator of the visual album format, and the preeminent visual artist, decided to lead without visuals, giving fans the opportunity to be limitless in their expansive listening journey. It is a chance again to be listeners and not viewers while taking in every gem of the pristine production. While “Break My Soul,” the first single, arrived with a minimal lyric video, the release of Renaissance sans visuals is another culture-shifting move from the artist who has defined an era with reinvention.
Are you ready to Shake, Shiver, and Shovel? Farmers’ Almanac Releases an Extreme Winter Forecast
Every year since 1818, the Farmers’ Almanac provides an extended weather forecast that helps people plan ahead. This year, with the extreme summer weather conditions broiling the country, and the growing concern over the rising costs of heating oil, Farmers’ Almanac is releasing its winter weather forecast earlier than ever. The 2023 Farmers’ Almanac, which hits the store shelves on Aug. 15, is warning readers that this winter will be filled with plenty of shaking, shivering, and shoveling.
Shivery temperatures are predicted to rattle warm weather seekers in the Southeast and South Central states, but the real shivers might send people in the Great Lakes, Northeast, and North Central regions hibernating. According to the Almanac, the North Central states are forecast to experience extremely cold temperatures, (possibly 40° below zero!)—especially during mid-January.
Areas in the western half of the country should escape major shivers, with an overall forecast of brisk temperatures predicted in the Northwest and mild temperatures in the Southwest.
Fortune Releases Annual Fortune Global 500 List
Today (Aug. 3), Fortune announced the Fortune Global 500 list for 2022, ranking the world’s largest corporations by revenue for fiscal 2021. Walmart claims the top spot for the ninth consecutive year, and for the 17th time since 1995. Saudi Aramco (No. 6) reclaims its title as the world’s most profitable company, with $105 billion in earnings.
Of the 2022 rankings, Fortune List Editor Scott DeCarlo says, “A rebound from the worst depths of the pandemic created a huge tailwind for the world’s largest companies by revenue. Aggregate sales and profits hit record levels in fiscal year 2021 for the Fortune Global 500. The Global 500 is the ultimate scorecard for business success and the companies face another big test navigating several global economic headwinds in 2022.”
Nearly Half of U.S. Companies Plan to Add Staff in the Second Half of 2022
The job market will remain strong for the latter part of 2022, research from talent solutions and business consulting firm Robert Half shows. According to the company’s State of U.S. Hiring Survey of more than 1,500 managers, 46% of respondents anticipate adding new permanent positions during the second half of the year; another 46% expect to fill vacated positions and only 8% foresee hiring freezes or layoffs.
“Despite talk of an economic slowdown, many companies remain in hiring mode — and professionals with in-demand skills continue to have options,” said Robert Half senior executive director Paul McDonald. “In addition to staffing critical functions, employers are increasingly turning to contract talent to stay nimble while keeping projects moving forward and productivity high.”
The Number of Consumers Living Paycheck to Paycheck Has Increased Year-Over-Year Across All Income Levels
LendingClub Corp. today (Aug. 1) released findings from the 12th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The Consumer Savings Edition examines the financial lifestyle of U.S. consumers who live paycheck to paycheck, the factors that cause financial distress and the impact of financial stressors on their ability to manage expenses and put aside savings.
Among the key findings:
- In June 2022, 61% of Americans were living paycheck to paycheck, up from a low of 52% in April 2021 and 55% in June 2021.
- Average savings dropped $517 from $11,724 in May 2022 to $10,757 in June 2022.
- An estimated 33.5 million — or 13% — of U.S. consumers spent more than they earned in the past six months.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for over 30 years and enjoys reality TV and daydreaming about travel and wine.