Inflation higher than expected, recession fears grow
WASHINGTON D.C. – Prices across the board have skyrocketed. Groceries, gasoline, rent, and outstanding debts are leaving many...
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Inflation passes predictions for the month of January at 7.5%
WASHINGTON D.C. – Inflation, inflation, and more inflation. Official numbers from January are out, and you probably already kn...
Industrial Production Sees Third Consecutive Improvement
Industrial production rose 3.0% month over month in July, according to Federal Reserve data. The indicator fell in March and April,...
Industrial Production is Making a Comeback
A Federal Reserve report on the state of industrial production and capacity utilization was released on Wednesday morning, and it bo...
International Monetary Fund Sees US Economy Shrinking By 8.0% This Year
It’s been about two weeks since we told you about a depressing economic forecast, so clearly we’re overdue for another one. On Wedne...
It’s not too late to apply for the PPP loan
If you are one of those business owners who now feels they should have applied for the Paycheck Protection Plan (PPP) loan but did n...
Incomes Rose While Spending Tumbled in April
Record job losses along with concerns about future employment pushed Americans into savings mode this spring. Consumer spending decl...
In a Week of Bad News: U.S. GDP to Contract, Job Losses to Reach Financial Crisis Levels
The economy continues to strain under the effects of the coronavirus, and this week was no exception. On Tuesday, the International...