At the outset of the war in Iran, the dollar surged, likely because of the typical “flight to safety” behavior. But more recently, it’s been taking a beating.
Economists warn that as tax refund season ends and the war in Iran pushes prices higher across more categories, the long-running disconnect between how consumers feel and how they spend may finally start to close.
The trucks and farm equipment that keep our economy moving run on diesel. That means small businesses like farms and pet supply companies have to adjust.
Higher education is responding to the Trump administration’s new federal earnings test that determines whether college graduates are making more money than high school graduates.
Federal customs authorities are set to begin processing refunds next week for import taxes struck down by the Supreme Court. But for small businesses, the process could get complicated.