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...
by Caroline Handel | May 17, 2023 | Economy
Hiring numbers once again eclipsed economists’ projections in April, indicating a stubbornly resilient labor market defying high interest rates, elevated inflation, and banking industry turmoil. The U.S. economy added 253,000 jobs last month, according to data...
by Divya Murthy | May 15, 2023 | Economy
The Census Bureau will release data on retail sales for April on Tuesday, with most economists predicting a weak report for the month. High prices and slowing wage growth will continue to dampen spending, which economists expect will either post a modest increase or...
by Divya Murthy | May 13, 2023 | Economy
Roscoe has worked at the Sterling Heights Stellantis plant for 12 years, building the Ram1500 TRX pickups. In the coming years, he’s cautiously optimistic about building and tinkering with a new beast: the EV, as auto plants in Michigan and beyond reorient their...
