In an intriguing economic paradox, consumers across various sectors have been vocal about their dissatisfaction with rising prices, yet their spending habits continue to show resilience. This puzzling phenomenon raises questions about the true impact of price increases on consumer … Continue reading
In the realm of economic analysis, a curious dissonance often arises between official economic data and consumer sentiment indicators. While economic metrics such as GDP growth, unemployment rates, and inflation figures provide objective measures of economic performance, consumer sentiment surveys … Continue reading
Inflation increases to 2.60% Inflation Hits 2.6% in October, Meeting Expectations In October, the inflation rate rose to 2.6%, aligning with analysts’ forecasts. This increase reflects a steady trend as energy costs, housing prices, and some core services continued to … Continue reading
Fed Cuts Rates Again – One Quarter Point The Federal Reserve’s recent decision to reduce interest rates by 0.25% could have nuanced effects on the U.S. economy heading into 2025, impacting areas from consumer spending to business investment. The rate … Continue reading
U.S. economy grew at 2.8% rate in third quarter The U.S. economy grew at an annual rate of 2.8% in the third quarter, reflecting moderate growth fueled by consumer spending, business investment, and an easing of inflation pressures. This pace … Continue reading
The Federal Trade Commission (FTC) plays a pivotal role in protecting consumers from deceptive and unfair practices in the marketplace, including those related to subscription services. As subscriptions become an increasingly common business model across various industries, the FTC has … Continue reading
Dockworkers are a critical component of the U.S. economy, especially as they manage the flow of goods through the nation’s ports. The major ports, such as Los Angeles, Long Beach, and New York/New Jersey, handle a significant portion of international … Continue reading
Fed Cuts Rates by 0.50% In a significant policy shift, the Federal Reserve announced a 0.50% cut to its benchmark interest rate, marking the most substantial reduction in over a decade. This decision, aimed at bolstering the U.S. economy, comes … Continue reading
The Federal Reserve is likely to cut interest rates soon as its preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index, continues to show signs of cooling. In recent months, inflation has remained modest, with the core PCE—excluding food … Continue reading
As the global economy continues its recovery from the impacts of the COVID-19 pandemic, small businesses are demonstrating remarkable resilience. Despite facing a significant labor shortage, many small businesses are not only surviving but thriving, showcasing their ability to adapt … Continue reading