Inflation’s Impact on Small Business Inflation is the rate at which the general level of prices for goods and services rises, leading to a decrease in purchasing power over time. While inflation affects the entire economy, small businesses often face … Continue reading
Federal Reserve Chair Jerome Powell’s announcement that “the time has come” for rate cuts marks a pivotal moment in the U.S. economic cycle. This decision, coming after a period of sustained interest rate hikes, signals a significant shift in the … Continue reading
When a large retailer like Saks is slow to pay its accounts payable, it can have significant negative impacts on its small business vendors. Saks’ Slow-Pay of AP Negatively Impacts Vendors. These impacts can include: 1. Cash Flow Problems 2. … Continue reading
Unemployment Rises to 4.3% as Hiring Slows, Missing Expectations The unemployment rate in the United States has increased to 4.3% in the latest economic report, marking a significant uptick from the previous month’s rate of 4.0% according to the US … Continue reading
The Long-Predicted Recession has Failed to Materialize Continue reading
Recent news reports highlight key concerns and sentiments expressed by Federal Reserve policymakers during a recent meeting. Fed Expresses Uncertainty About Inflation Lack of Confidence in Achieving the 2% Inflation Goal: Recent Data: The reference to recent data suggests that … Continue reading
The Pernicious Impact of Inflation on Small Businesses. Inflation, the persistent increase in the general price level of goods and services over time has impact Continue reading
In recent months, fast food aficionados have been greeted with an unwelcome surprise: their favorite quick bites are becoming increasingly expensive. The once-affordable indulgence of a fast food meal is now putting a dent in wallets across the board. This … Continue reading
Betting against the dollar in favor of other currencies can have several consequences, especially in 2024 when global economic dynamics are in flux. Here are some potential consequences: The Consequences of Betting Against the Dollar. Overall, betting against the dollar … Continue reading
Immigration can contribute to economic growth by expanding the labor force, increasing productivity, and driving innovation. Immigrants often fill essential roles in industries experiencing labor shortages, helping to sustain and grow businesses. Where is the Economy Headed in 2024? Consumer … Continue reading