Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. US small business sentiment nears 3.5 year high in November U.S. small-business confidence surged to the highest level in nearly 3.5 years in November amid post-election euphoria. The National Federation of Independent Business (NFIB) […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Shopify merchants hit $11.5 billion in record Black Friday-Cyber Monday sales Shopify merchants achieved record-breaking success during the 2024 Black Friday-Cyber Monday (BFCM) weekend, generating $11.5 billion in sales. This represents a 24% increase […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. US economy grows at 2.8% pace in third quarter on consumer spending The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Record 80 million Americans expected to travel for Thanksgiving holiday Americans are expected to set a new record for Thanksgiving travel, with nearly 80 million to hit the roads, catch flights and board cruises […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Wholesale prices edge up 0.2% in October, meeting expectations amid moderating inflation Wholesale inflation increased by only 0.2% in October, exactly as Wall Street had forecasted, new figures from the Producer Price Index indicate, […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. A snapshot of business growth by county and industry New County Business Patterns visualization shows where most business activity occurs in the United States and U.S. Island Areas. Explore a new interactive data visualization that […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. The magnificent seven monitor Track the U.S. technology stocks that dominate the market. They’re Wall Street’s big guns. Stocks with so much swagger that they earned a nickname conjured from Hollywood’s golden age. US […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. IRS unveils new federal income tax brackets for 2025 The IRS on Oct. 22 unveiled the new federal income tax brackets for 2025. Every bracket was changed, including the top one. Large private companies strengthen […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Will the US economy keep up the pace in the fourth quarter? Economic momentum is projected to slow in the fourth quarter, but economists expect consumers will provide enough power to fuel growth through […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Boeing says it’s cutting 10% of its workforce, or about 17,000 employees Boeing on Friday said it’s cutting 10% of its workforce, or about 17,000 employees. In a memo on Friday, CEO Kelly Ortberg announced the […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Disaster assistance for those affected by Hurricane Helene The U.S. Small Business Administration (SBA) offers disaster assistance in the form of low-interest loans to businesses, homeowners, and renters affected by natural disasters. This financial […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Low weekly US jobless claims, robust corporate profits highlight economy’s resilience The number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, suggesting that the labor market remained […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. What the Fed’s rate cut means for consumers, businesses and investors The Federal Reserve cut interest rates this week for the first time in four years, putting an end to its longest cycle of […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. All the data is pointing to a soft landing in the US economy The US economy is cruising toward a soft landing with no recession on the table, according to Apollo chief economist Torsten […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Reality check: What’s up with the economy? Most of the economic numbers are actually looking pretty good. Our unemployment rates are near a 50-year low, interest rates have been dropping, and the Federal Reserve […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. IRS encourages people to do an end-of-summer tax checkup to avoid tax surprises next year The IRS advises taxpayers to conduct a tax checkup before summer’s end to prevent unexpected tax bills and penalties […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Fed’s preferred price gauge is set to reinforce rate cuts US inflation figures in the coming week will reinforce that long-awaited interest-rate cuts are coming soon, while a reading on consumer spending is seen […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. CPI inflation comes in at 2.9%—better than expectations Inflation was lighter than forecasted last month, according to data released, as Wall Street pays close attention to weakening which should bolster the case for the Federal […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. IRS relief now available for individuals and businesses impacted by Hurricane Debby The Internal Revenue Service announced tax relief for individuals and businesses in four states affected by Hurricane Debby. SBA Announces $7 Million […]
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Mortgage rates tumble to lowest since April 2023 after weak jobs report Mortgage rates tumbled on Friday to their lowest since April 2023 after a weak jobs report sent bond yields sharply lower and boosted Wall […]