Economy
Senator Cruz: High health-care premiums, worker shortage hurting small businesses(The Center Square) – U.S. Sen. Ted Cruz, R-Texas, argued for the need to bring down health-care premiums to help small businesses stay competitive during a Wednesday forum in Washington… Read More
Economy
Economist: 30% chance that U.S. enters a recession within a year’s time(The Center Square) – A Goldman Sachs economist says there is a 30% probability of the U.S. entering a recession within one year and 48% within two years. Goldman Sachs Chief… Read More
Economy
Poll: 3 out of 4 middle class families are falling behind as prices rise(The Center Square) – Three out of four middle class households report falling behind the rising cost of living as inflation continues to soar, according to a new poll. Primerica… Read More
Biden administration
Poll: Biden’s economic approval rating hits new low(The Center Square) – As Americans continue to face soaring inflation and high gas prices, President Joe Biden’s economic approval rating has hit a new low. According to a new … Read More
State Government
Parson signs $15 million manufacturing bill in St. LouisST. LOUIS, Mo. – Missouri Gov. Mike Parson signed a $15 million manufacturing bill in St. Louis last week designed to increase production of technology and medicine in… Read More
Economy
Small businesses risk shutting down in droves amid elevated inflation, energy prices(The Center Square) – Nearly half of American small business owners say they are at risk of closing down this fall, according to new survey data. The small business network… Read More
Economy
Manufacturing leaders: American businesses face major issues due to inflationary pressure(The Center Square) – Several manufacturing and business leaders are concerned about how inflationary pressures are hurting businesses through heightened input and transportation costs. Participants at a round table event on… Read More
Economy
Producer Price Index rises 11.3%, another worrying inflation marker(The Center Square) – Producer prices soared by 11.3% in June over a year ago as consumers continue to struggle with skyrocketing prices for just about everything. The U.S. Bureau… Read More
Inflation
Inflation soars 9.1% in past 12 months(The Center Square) – Consumer prices rose another 1.3% in June, contributing to a 9.1% spike over the past 12 months. It is the largest spike in 41 years. The… Read More
Inflation
Fed survey reports record-high consumer expectations for inflation(The Center Square) – Americans are more pessimistic about coming inflation than ever recorded, new survey data shows. The New York Federal Reserve released the June 2022 Survey of Consumer… Read More
Gas Prices
Missouri’s average gas price falls to $4.50As of July 6, Missouri’s average gas price according to AAA was $4.50 for regular gas, which was below the national average of $4.78. Gas prices fell from the previous week’s… Read More
Immigration
Senate committee looks to curb illegal immigrants’ impact on Missouri’s economyJEFFERSON CITY, Mo. – With rising concerns about how employing illegal immigrants under the table impacts Missouri’s economy, an interim Senate committee is examining how to curb the… Read More
Economy
States owe nearly a trillion dollars in liabilities on top of unfunded pensions, report shows(The Center Square) – Unfunded state debt for things like retired public employees health care coverage continues to balloon to an unsustainable level, according to a new report. The American… Read More
Economy
U.S. Economy has 11.3 million unfilled jobs(The Center Square) – There are 11.3 million open jobs in the U.S., nearly two jobs for every American seeking work, according to newly released federal data. That rate is… Read More
Economy
The price of beef continues to climb(The Center Square) – The price of food continues to go up and leading the way is the price of beef. According to the American Farm Bureau Federation, the price… Read More
Gas Prices
Most Americans expect higher gas prices this year as they struggle to make ends meet, polls show(The Center Square) – Despite already paying record high gas prices last month, most Americans expect prices to get even worse, a new poll shows. Rasmussen Reports released the poll,… Read More
Economy
Survey: A third of U.S. small businesses can’t pay rent because of inflation(The Center Square) – More than a third of small businesses can’t pay rent, newly released data shows. The small business network Alignable released new survey results that found… Read More
Economy
Price of Independence Day cookout substantially more than last year(The Center Square) – If you plan on holding a July 4 cookout this weekend, expect to pay a lot more than what you paid for last year’s meal. According… Read More
Crime
Missouri Chamber addressing crime at urging of 79% of business leaders(The Center Square) – The Missouri Chamber of Commerce and Industry announced a coordinated plan to address crime after 79% of state business leaders surveyed said it should be… Read More
Economy
Poll: 83% of Americans cutting back on personal spending due to inflation(The Center Square) – The vast majority of Americans are cutting back on their spending because of rising inflation, according to new survey data. Provident Bank based in… Read More