Economy
Homeowners in swing states worse off than four years ago(The Center Square) – Homeowners are worse off than they were four years ago, multiple reports show, and the two presidential candidates have differing views on how to improve their… Read More
Economy
Fed rate cuts ahead, but perhaps not by much(The Center Square) – This week’s economic data is expected to reflect a resilient U.S. consumer, supported by easing growth in rent, food and gas prices. With a smaller share… Read More
Economy
More inflationary woes: Credit card debt hits record $1.14 trillion(The Center Square) – More Americans are struggling financially as savings are significantly down and debt and delinquencies are up compared to four years ago. Savings and disposable income are… Read More
Economy
Is the U.S. economy on the brink of recession?(The Center Square) – The Federal Reserve held its key interest rate steady last week and hinted at the possibility of a rate cut in September. What happened next seemed… Read More
Economy
Fear of US recession drives global market turmoil(The Center Square) – The U.S. stock market took a major dive Monday as Japan saw its worst stock market day since 1987, raising recessing fears and drawing fresh criticism… Read More
Economy
Small business uncertainty reaches pandemic-era levels(The Center Square) – Small businesses are citing the highest levels of uncertainty since the COVID-19 pandemic, a concerning economic indicator. The National Federation of Independent Businesses released the survey… Read More
Economy
San Francisco opens city’s first $5 million taxpayer-funded free food ‘market’(The Center Square) – San Francisco opened its first $5.5 million free food market, where approved residents can show a benefits eligibility card, put what they want in their carts,… Read More
Economy
KC Fed Analysis: Migrants cooled overheated labor market, slowed wage growth(The Center Square) – The increase of migrant workers during the last two years cooled an overheated labor market and slowed wage growth across industries and states, according to an… Read More
Economy
California ranks last in opportunity due to cost of living: U.S. News(The Center Square) – California ranks dead last in opportunity due to its high cost of living, says the U.S. News and World Report. USNWR’s report uses cost of living,… Read More
Economy
Americans less confident about economy, poll shows(The Center Square) – Americans are less confident about the economy, according to a new survey.Gallup’s recently released economic confidence rating dropped from March to April as inflation remains elevated. Read More
Economy
Biden calls economy ‘strong’ despite poor GDP growth(The Center Square) – President Joe Biden on Thursday defended newly released economic growth numbers that fell way short of economists' expectations.Federal data released Thursday shows the U.S. Gross Domestic… Read More
Economy, Missouri
Survey: Missouri’s business conditions show spike in March(The Center Square) – An index measuring business conditions in Missouri increased 7.2 percentage points, or 15%, in March compared to February. While business conditions in the Midwest continued to… Read More
Economy
Report: Illinois’ high taxes, government scope dampen economic outlook(The Center Square) – Illinois ranks among the worst states in the nation for economic outlook and its high tax burden continues to drive residents out of the state, according… Read More
Economy
No surprise: New York ranks dead last for economic outlook(The Center Square) — New York has maintained its place at the bottom of a nationwide ranking on the economic outlook, according to a new report, which faults the Empire… Read More
Economy
Layoffs continue nationwide as economic concerns rise(The Center Square) – As the economy worsens, multiple industries continue to shed jobs. U.S.-based companies laid off 82,307 employees in January, a 136% increase from the previous month, according… Read More
Economy
‘Cereal for dinner?’ Kellogg CEO suggests it for Americans ‘under pressure’(The Center Square) – With the share of personal income being spent on food at a 30-year high, one CEO has a suggestion to help American families put food on… Read More
Economy
Economists: recession on horizon(The Center Square) – Americans should brace for and expect a recession this year, economists are warning, arguing the details of the latest jobs report are not a good indicator. Read More
Economy
WSJ: Narrow market rally is ‘potentially worrying sign’(The Center Square) – The recent U.S. stock market rally is a “potentially worrying sign,” the Wall Street Journal reported ahead of the Federal Reserve holding its first two-day policy… Read More
Economy
Existing home sales on track for worst year since at least 2008(The Center Square) – Existing home sales are on track for a dismal year, likely dropping 18% and on course for the worst year since at least 2008's Great Recession… Read More
Economy
Government watchdog estimates $26 billion deficit as California enters recession(The Center Square) – The California Legislative Analyst’s Office estimates the state will have a $26 billion revenue shortfall for the 2022-23 fiscal year, and announced the state entered… Read More