inflation

Industries

Airlines Prepare for Record Thanksgiving Travel

(Photo by Josh Sorenson)

The Transportation Security Administration is expecting to screen 30 million passengers between this past Sunday and November 28.

1 min read

(Photo by Harry Cunningham on Pexels)

Markets

ESG Funds Shrink for the First Time Ever

This year’s third quarter marked the first time that more sustainable funds either liquidated or shed their ESG criteria than were added.

2 min read
(Photo by Magda Ehlers on Pexels)

Indicators

US Retail Sales Dip in October, But It Could’ve Been Worse

According to the US Commerce Department released Wednesday, retail sales dipped slightly month-over-month in October, falling just 0.1%.

2 min read
(Photo by Kenny Eliason on Unsplash)

Banking

Banking’s Fantastic Four Grab a Bigger Share of Industry Profits

Of the roughly 4,400 operating banks in the US, nearly half of all banking profits in the third quarter came from just four.

2 min read

Inflation & Prices

Low-Wage Workers Are Losing Their Leverage

(Photo Credit: Dan Burton/Unsplash)

Thanks to high demand for low-paying jobs in recent years, workers had plenty of leverage for bigger salaries and better perks.

2 min read

Power Corridor

Fed’s Tea Leaves Get Murkier

Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

The U.S. Federal Reserve is all but certain to hold interest rates steady Wednesday, but the economy is still scorching – beating expectations in…

2 min read

Power Corridor

The Great Housing Crisis

Photo by Tom Rumble on Unsplash

As housing prices reach record highs nationwide – against quite a few forecasts at the start of the year – buying a home is now completely…

3 min read

Photo by Kleomenis Spyroglou on Unsplash

OP-ED | Power Corridor

The Fatalist U.S Consumer

Americans are going to shop until they drop – Inflation and interest rates are up, the labor market is cooling, the pumpkins are out and the Halloween…

1 min read
(Photo credit: CDC/Unsplash)

Healthcare

Corporate America is Fretting the Rising Costs of Employee Healthcare

Health insurance costs are expected to surge by as much as 6.5% next year, according to a recent survey from consulting firm Mercer.

1 min read
(Photo by m. on Unsplash)

Indicators

Recession Increasingly Unlikely, WSJ Economist Survey Finds

In The Wall Street Journal’s quarterly survey of economists respondents pegged the chance of a recession in the next year at just 48%.

2 min read

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