Justin Ho

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I'm a finance reporter.

Latest Stories (554)

Spending on services is starting to taper off, U.S. data indicates

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.
While consumer appetite to travel remains strong, more people are opting to drive rather than fly.
Joe Raedle/Getty Images

Are the latest GDP numbers good news? It depends on how you look at them.

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.
An increase in business inventories helped boost economic activity last quarter. But whether that's positive or negative depends on whom you ask.
George Frey/Getty Images

Commercial lending is a mixed bag across the country, bankers say

Jan 24, 2023
In Southern California and South Carolina, businesses are looking for loans. But in the Midwest, owners are hesitant to borrow.
Banks across the country are reporting mixed lending activity, with some businesses borrowing to expand office space or buy new real estate.
Jim Watson/AFP via Getty Images

Lunar New Year usually meant factory slowdowns. The pandemic changed that.

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.
Lunar New Year typically marks a time of slowed production in East Asia, but that changed during COVID. Above, an employee at a carbon fiber factory in China's eastern Jiangsu province.
AFP via Getty Images

U.S. labor strikes went up almost 50% between 2021 and 2022

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.
New York City nurses reached a deal to raise salaries by about 19% after striking for three days. Above, thousands of nurses from four New York hospitals strike on Jan. 9.
Michael M. Santiago/Getty Images

Are the latest consumer price index numbers a good sign for the economy?

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.
Shoppers are likely noticing the moderation in food price increases, said Morning Consult's Kayla Bruun.
Frederic J. Brown/AFP via Getty Images

Eyeing a recession, small businesses look to boost revenue and inventory

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.
A worker assembles the interior of a safe. Many small business are looking to boost revenues in anticipation of a potential recession.
George Frey/Getty Images

Demand and prices are falling for manufactured goods

Jan 6, 2023
Manufacturing activity contracted in December, according to the Institute for Supply Management.
Demand for manufactured goods dropped in December, and so did prices for those goods. It may be a sign that the Federal Reserve's measures against inflation are working.
STR/AFP via Getty Images

Corporations are still borrowing, despite high interest rates

Jan 5, 2023
Many companies are borrowing now — if they can — in a bid to get ahead of further rate hikes this year.
Some companies are borrowing now to build a rainy day fund heading into 2023.
Luis Robayo/AFP via Getty Images

Why layoffs are picking up at small businesses

Jan 4, 2023
The labor market is still pretty tight, but the smallest businesses are more vulnerable to an economic downturn.
Businesses with fewer than 10 employees tend to have a harder time building up cash to weather a recession, and may turn to layoffs as a cost-cutting measure.
fizkes/Getty Images

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