Supply Disruptions

Opinion

Opinion: Small Businesses Confident They Can Withstand a Recession – Inside Sources

A new confidence has emerged among small-business owners despite the idea of a recession. (This outlook is revealed in the latest Small Business Recovery Report by  Kabbage.) In its sixth installment, the report tracks the recovery trends and growth outlook from polling 550 small-business leaders. For many, the pandemic resulted in a positive and persevering outlook of an

Financial

Fed attacks inflation with its largest rate hike since 1994 – Associated Press

The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point — the largest bump since 1994 — and signaling more rate hikes ahead as it tries to cool off the U.S. economy without causing a recession. The unusually large rate hike came after data

Inflation

Stocks dive to another losing week as inflation worsens – Associated Press

Wall Street’s shuddering realization that inflation got worse last month, not better as hoped, sent markets reeling on Friday. The S&P 500 sank 2.9% to lock in its ninth losing week in the last 10, and tumbling bond prices sent Treasury yields to their highest levels in years. The Dow Jones Industrial Average lost 2.7%,

Opinion

Opinion: TV Pundits Peddle Misguided Inflation Cure – Inside Sources

It used to be that “everyone’s a critic.” But these days, everyone is an armchair economist. Right now, every TV pundit believes he or she has the solution for America’s high inflation rate. And some are urging an end to U.S. tariffs on China in order to curtail higher prices. But they’re missing the bigger

Inflation

Biden plots inflation fight with Fed chair as nation worries – Associated Press

Photo: A gas tank driver delivers 8,500 gallons of gasoline at an ARCO gas station in Riverside, California Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on the actions of the

Economy

Biden’s burdens grow: Sagging global economy adds to US woes

As President Joe Biden embarks for Asia on Thursday, he’s facing a new risk at home for the economy and his Democratic Party: a global slowdown caused by Russia’s invasion of Ukraine and the pandemic shutting down Chinese cities and factories. The world economy can’t cast U.S. ballots. But it’s a hidden force in this

Scroll to Top