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As inflation grips small businesses, here’s how they are responding

May 7, 2022 - by admin - Leave a Comment

Hopkinsville Brewing Company co-owner Kate Russell, pictured to the right of co-owner Joey Medeiros, said the business has had to raise prices due to inflation. Mary Katherine Russell Small business …

As inflation grips small businesses, here’s how they are responding Read More

At Last, a Piece of Encouraging News on Inflation

May 7, 2022 - by admin - Leave a Comment

After a week of big ups and downs in the stock market, investors, on Friday, largely shrugged off a new Labor Department employment report for April, and the Dow and …

At Last, a Piece of Encouraging News on Inflation Read More

Ron Insana says the Fed is defying logic by trying to create a recession

May 6, 2022 - by admin - Leave a Comment

Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is …

Ron Insana says the Fed is defying logic by trying to create a recession Read More

Payroll growth accelerated by 428,000 in April, more than expected as jobs picture stays strong

May 6, 2022 - by admin - Leave a Comment

The US economy added slightly more jobs than expected in April amid an increasingly tight labor market and despite surging inflation and fears of a growth slowdown, the Bureau of …

Payroll growth accelerated by 428,000 in April, more than expected as jobs picture stays strong Read More

Biden showcases deficit progress in bid to counter critics

May 6, 2022 - by admin - Leave a Comment

WASHINGTON (AP) — President Joe Biden on Wednesday highlighted new figures showing the government’s red ink will grow less than expected this year and the national debt will shrink this …

Biden showcases deficit progress in bid to counter critics Read More

Market panic because of Biden and Powell’s inflation incoherence

May 5, 2022 - by admin - Leave a Comment

Fed chairs have historically been inscrutable when talking in public, leaning on something called “Fedspeak.” By talking in riddles, financial markets don’t overreact to your every word. But speaking in …

Market panic because of Biden and Powell’s inflation incoherence Read More

Why the market is taking Powell’s ‘soft-ish’ economic language so hard

May 5, 2022 - by admin - Leave a Comment

Roger Ferguson Michael Nagle | Bloomberg | Getty Images Anyone who read a Fed chair coining the term “soft-ish” for an economic landing, as Jerome Powell did on Wednesday, as …

Why the market is taking Powell’s ‘soft-ish’ economic language so hard Read More

Stock market today: Wall Street slumps as markets assess looming fallout from Fed’s fight against inflation

May 5, 2022 - by admin - Leave a Comment

NEW YORK — So much for the good feelings on Wall Street. US markets fell sharply Thursday, eviscerating all of the gains from Wednesday after the Federal Reserve’s announcement of …

Stock market today: Wall Street slumps as markets assess looming fallout from Fed’s fight against inflation Read More

Fed will struggle to fight skyrocketing inflation as labor shortage increases wages

May 5, 2022 - by admin - Leave a Comment

A red-hot labor market will likely hamper the Federal Reserve’s efforts to crack down on inflation, with job openings at a record high and employers jacking up wages to attract …

Fed will struggle to fight skyrocketing inflation as labor shortage increases wages Read More

Dow Jones plummets 900 points as crude prices spike

May 5, 2022 - by admin - Leave a Comment

Wall Street is shifting into reverse, giving up much of the big gains it made a day earlier on relief that the Federal Reserve won’t raise interest rates as aggressively …

Dow Jones plummets 900 points as crude prices spike Read More

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