by Sabir Hasko | Feb 19, 2024 | Economy
Consumer prices rose more than expected in January and started the year with a disappointing inflation report, which might delay interest rate cuts by the Federal Reserve. The Consumer Price Index rose 3.1% compared to a year earlier, down from 3.4% in December,...
by Evelin Fajardo-Alvarez | Feb 19, 2024 | Economy, Featured, Retail Sales
Retail sales tumbled more than expected in January as a result of colder than expected winter weather and the sharp decline in gasoline prices. Advanced Monthly sales for retail and food services declined 0.8%, the U.S. Department of Commerce reported Thursday, much...
by Diana Escamilla Fuentes | Feb 13, 2024 | Featured, International Trade
The U.S. trade deficit increased in December proving that the U.S. economy, especially consumer spending, remains strong. The trade deficit for goods and services in December grew to $62.2 billion, increasing by $0.3 billion over the revised November figure of $61.9...
by Mariam Kiparoidze | Jun 10, 2023 | Economy, Jobs
Photo by Microsoft 365 on Unsplash Imani Watts and Alex Hadley, both 24, had always been interested in thrifting and fashion. In the spring of 2020, they had a chance to take over a space where a thrift shop had to shut down because of the pandemic, and turned their...
by Joseph Lingad | May 24, 2023 | Cannabis, Economy, Inflation
When Noah Carey founded his company in 2015, no banks worked with the cannabis industry. But now he is seeing financial institutions that once balked at the underserved market have a change of heart — in part because of the recent banking crisis. Carey’s company,...
by Mrinalini Nayak | May 23, 2023 | Economy, Housing, Inflation, Jobs, Manufacturing
Ajax Paving Industries, Florida LLC couldn’t be any busier this year. The company is bagging multiple contracts for re-building interstate highways and roads in Florida as the fast growing state sees skyrocketing development from building roads and airports to homes...