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 Mariam Kiparoidze | Apr 28, 2023 | Economy, Personal Income
Photo by Alexander Grey on Unsplash After beginning this year hot, the economy began to slow in February, with U.S. consumers spending less and inflation easing. On Friday, The Bureau of Economic Analysis will release its Personal Income and Outlays report, showing if...
by Mariam Kiparoidze | Apr 1, 2023 | Economy, Inflation, Personal Income
Photo by Nathan Dumlao on Unsplash U.S. consumers are spending less compared to the beginning of the year, while inflation eases, a sign of relief for the monetary policymakers trying to cool off the economy that started the year strong. Consumer spending increased by...
by Mariam Kiparoidze | Mar 1, 2023 | Economy, Personal Income
Photo by Allef Vinicius via Unsplash. Prices are rising and Americans are spending more again, suggesting that the economy is still strong and the Fed might have to raise borrowing costs more to halt the inflation spike. Friday’s report from the Commerce...
by Brianna Monsanto | Apr 3, 2022 | Retail Sales
Regular gas at the Speedway in Albemarle County, Virginia is at $4.20 per gallon, up from $2.72 a year ago. The grocery store a mile away, a Kroger, has raised the price of pork and beef. Yet in the middle of the two, one local business has somehow managed to avoid...
