Economy
Poll: 88% of small businesses concerned recession is around the corner(The Center Square) – The vast majority of small business owners fear a recession in the coming year, according to a new poll. The Small Business and Entrepreneurship Council released… Read More
Inflation
Former U.S. Treasury secretary says unemployment rate needs to rise to curb inflation(The Center Square) – The unemployment rate needs to rise in order to ease the effects of inflation, former U.S. Treasury Secretary Larry Summers says. According to the … Read More
Economy
U.S. Treasury Secretary says recession is not inevitable, CEOs say it is on the way(The Center Square) – U.S. Treasury Secretary Janet Yellen says that a recession is not inevitable, comments that have been met with skepticism by business leaders. In an … Read More
Education, Mizzou, State Government
New Missouri law bolsters health and academics, helps student athletes market their name, image and likeness(The Center Square) – Missouri Republican Gov. Mike Parson highlighted several enhancements to higher education and workforce development in an omnibus education bill he signed into law on Thursday,… Read More
Economy, State Government, Unemployment
Jobs and wages are on the rise in Missouri; state is close to hitting low unemployment record(The Center Square) – More people are working in Missouri and fewer are looking for work than last year, according to Missouri’s Department of Higher Education and Workforce Development. Read More
Pandemic, State Government, Transportation
Missouri committee recommends rehab, childcare, rail tax credits for supply chain woes(The Center Square) – Drug rehabilitation, childcare subsidies and tax credits for railroads are a few of the 33 recommendations given to Gov. Mike Parson from the Missouri Supply… Read More
Inflation, National
Two-thirds of Americans are raiding their savings to cover inflation costs as stagflation concerns mount(The Center Square) – The majority of Americans’ finances are worse than they were a year ago, and they’re blowing through savings to make ends meet as record-high inflation has… Read More
Inflation, National
Inflation reaches 40-year high, making it harder to afford everyday staples(The Center Square) – Inflation remained painfully high in May, with consumer prices hitting a new four-decade high that is causing financial strain for Illinoisans. The Labor Department reports the… Read More
Gas Prices, National
With gas prices 62% higher than last year, IRS raises business mileage rate(The Center Square) – Motorists are paying gas prices 62% higher than last year, and the Internal Revenue Service Thursday announced a 7% increase in the optional standard mileage rate… Read More
National
Majority of CEOs say economy will get worse(The Center Square) – A new survey of business leaders reports the majority are predicting an economic recession in the U.S. The Conference Board, a group for businesses focused… Read More
National
Feds: Number of job openings hit new high in March(The Center Square) – Job openings in the U.S. continue to rise, now nearly doubling the number of job seekers, according to newly released federal data. The Bureau of Labor… Read More
National
Report: Americans cutting back on discretionary spending because of inflation(The Center Square) – Americans are changing their shopping habits because of rising prices, a new study from Morning Consult finds. According to the report , American… Read More
State Government
Goldman Sachs: Two-thirds of Illinois businesses still haven’t recovered from pandemic(The Center Square) – Two years after lockdowns were extended in Illinois for a second month, two-thirds of Illinois businesses say they still are having trouble making ends meet even with… Read More
Opinion
Op-Ed: Foreign acquisition of American agricultureThe United States is growing more dependent on foreign nations for necessities, including potentially hostile nations such as China. As we examined last month, 2021 was the 10th straight year… Read More
National
Report: Red states fared better during, after COVID-19 crisis compared to blue states(The Center Square) – Red states fared better than blue states did during and after state lockdowns and in their governments’ response to the COVID-19 crisis last year, a new … Read More
State Government
Illinois Chamber: Record inflation hurting large and small businesses(The Center Square) – Illinois businesses are reeling from record high inflation. The yearly inflation rate hit 8.5% in March – a four-decade high, according to the U.S. Department of… Read More
National
Amid inflation and worker shortage, small businesses pessimistic about the future(The Center Square) – Small businesses around the country are growing more pessimistic as rising inflation, supply chain issues and a worker shortage continue to threaten their viability. A new … Read More
State Government
Bill would create fund to promote Missouri forest products(The Center Square) – A bill creating a fund to promote Missouri’s hardwood forest products would drive economic growth in southern counties in the state, according to the bill’s… Read More
Opinion
Op-Ed: The hidden tax increase in plain sightAmericans have less money than they had last year – though taxes haven’t been raised. So what’s the problem? Inflation, which has increased at a 40-year high annual pace of… Read More
National
Feds: Retail food prices to increase by an additional 5%(The Center Square) – The U.S. Department of Agriculture expects U.S. food prices to increase by at least another 5% on average this year as the majority of Americans surveyed… Read More