Survey finds consumers feel a little better about the economy

Aug 12, 2022
The University of Michigan survey shows improvement, especially among low- and middle-income consumers, who have struggled most with inflation.
Though sentiment is still a mixed bag, people are a bit more optimistic about the economic outlook.
Spencer Platt/Getty Images

Layoffs may be on the horizon. Is the unemployment insurance system ready?

Aug 4, 2022
States are upgrading antiquated technology. But there are still big disparities among states.
Though states are investing to upgrade unemployment systems, there are still wide disparities among their processes and the benefits they provide.
Saul Loeb/AFP via Getty Images

How some small businesses are bracing themselves for a downturn

Aug 2, 2022
They aren’t waiting to find out whether the economy is contracting — they’re proactively preparing for it.
Whether closing down a physical storefront or holding off on new hires, some small businesses are prepping for a potential recession.
Frederic J. Brown/AFP via Getty Images

Ad spending slowdown hits tech and social media firms, but not equally

Jul 27, 2022
While ad revenue growth is slowing down, experts don't see a decline coming.
Google is expected to comprise 30% of total worldwide digital ad revenues this year, one analyst said. Meanwhile, Snapchat and Twitter are each expected to make up under 1%.
Robyn Beck/AFP via Getty Images

The job market is slowing but not stalling out

Jul 26, 2022
It's unlikely a crash in employment would prompt a recession. In spite of a slowdown in job creation, the job market remains relatively strong.
Employers are posting fewer jobs and offering fewer signing bonuses, according to ZipRecruiter's Julia Pollak.
Angela Weiss/AFP via Getty Images

This week's GDP number may show a shrinking economy. But that doesn't equal recession.

Jul 25, 2022
There are reasons to take a weak gross domestic product report with a big grain of salt.
Thursday’s report on gross domestic product may show a contracting economy, but recessions are typically determined by a wider range of data.
Spencer Platt/Getty Images

JPMorgan pauses stock buybacks as profits slump

Jul 14, 2022
CEO Jamie Dimon also cited economic worries, including the Ukraine war and inflation, in the big bank's move to conserve cash.
JPMorgan Chase's quarterly financial results disappointed Wall Street, and CEO Jamie Dimon discussed risks to the economy.
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Odds of a recession rising but vary widely

Jun 21, 2022
There is a very real chance that the country may end up paying a price for getting inflation under control. That price is recession.
Timothy A. Clary/AFP via Getty Images

"We need to act decisively and affirmatively to get inflation under control," says Atlanta Fed president

Jun 17, 2022
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, on why he supports this week's rate hike.
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, speaks at an event for the Rotary Club of Atlanta.
E. M. Pio Roda / Federal Reserve Bank of Atlanta

Dealing with shifts in the steel market

Jun 14, 2022
"When you take out major players, anything that destabilizes the world economy affects steel, affects all of us," says Lisa Goldenberg, president of Delaware Steel Company.
The war in Ukraine and ongoing inflation may be negatively affecting the steel market.
David McNew/Getty Images