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Latest Stories (554)
Spending on services is starting to taper off, U.S. data indicates
by
Justin Ho
Jan 27, 2023
Until recently, consumers had been spending less on goods and more on services. That's changing. Here's what it could mean for inflation.
Are the latest GDP numbers good news? It depends on how you look at them.
by
Mitchell Hartman
and Justin Ho
Jan 26, 2023
The economy grew, but not as much as expected. Some parts of the economy are slowing, but not as much as expected.
Commercial lending is a mixed bag across the country, bankers say
by
Justin Ho
Jan 24, 2023
In Southern California and South Carolina, businesses are looking for loans. But in the Midwest, owners are hesitant to borrow.
Lunar New Year usually meant factory slowdowns. The pandemic changed that.
by
Justin Ho
Jan 20, 2023
Traditionally, workers in parts of Asia travel during the holiday to spend time with family. Here's how COVID has changed that part of the supply chain.
U.S. labor strikes went up almost 50% between 2021 and 2022
by
Justin Ho
Jan 16, 2023
Cornell University counted almost 400 strikes last year, following decades of declining union membership. Here's why labor action is becoming more common.
Are the latest consumer price index numbers a good sign for the economy?
by
Justin Ho
Jan 12, 2023
Prices were up 6.5% over the past year, well above the Fed's targets but the smallest increase since October 2021. It's a sign that inflation is easing.
Eyeing a recession, small businesses look to boost revenue and inventory
by
Justin Ho
Jan 11, 2023
Small business owners continue to face a lot of uncertainty over COVID, rising interest rates, and the possibility of a recession. So many are taking steps to prepare for a potential downturn in 2023.
Demand and prices are falling for manufactured goods
by
Justin Ho
Jan 6, 2023
Manufacturing activity contracted in December, according to the Institute for Supply Management.
Corporations are still borrowing, despite high interest rates
by
Justin Ho
Jan 5, 2023
Many companies are borrowing now — if they can — in a bid to get ahead of further rate hikes this year.
Why layoffs are picking up at small businesses
by
Justin Ho
Jan 4, 2023
The labor market is still pretty tight, but the smallest businesses are more vulnerable to an economic downturn.