Death and taxes are the only certainties in life, they say. And it seems we might add another certainty: inflation. By now, the worldwide spike in inflation is rounding its second year. And a three-day weekend, right now, seems a brief respite to fire up...
Temporary employment is reportedly experiencing a decline in the United States as workers and employers alike shift to permanent positions. Although a decline in temporary employment was once considered a bellwether of economic weakness, the current trend is not signaling a downturn as it did...
The Federal Reserve is reportedly likely to keep interest rates where they are when it meets in September even though economic activity has remained unexpectedly strong. Consumer spending in the United States experienced a notable increase in July, The Wall Street Journal (WSJ) reported Thursday (Aug. 31), citing...
Merchants focused on nonessentials are restrategizing as shoppers predict a long way until inflation’s end. Recent earnings released by retailers may reflect consumers’ true attitudes toward the near-future economic landscape, with well-known merchants struggling to attract much needed sales and bolster their base. This week,...
American employers added fewer jobs than anticipated in August, according to new findings from ADP. The research group said in a news release Wednesday (Aug. 30) that private employers in the U.S. added 177,000 jobs during the month, down from the revised total of 371,000 in July. ADP...
Inflation is top of mind for consumers, and is contributing to a muted outlook of where things stand — and where we are headed. The Conference Board said in a Tuesday (Aug. 29) press release that its Consumer Confidence Index reading for August came in...
Great Britain’s telecom companies are under fire as consumers contend with Europe’s largest price hikes. As The Financial Times (FT) reported Monday (Aug. 28), those price increases have been as high as 17.3% this year, drawing the attention of regulators and consumer groups. According to the report,...
Essential expenses for working caregivers can consume more than one-third of young families’ budgets. The cost of raising children heavily impacts families with dependents too young to enter school, threatening financial lifestyles already on shaky ground. According to the July report “New Reality Check: The...
Initial claims for unemployment insurance benefits decreased during the week ending on Saturday (Aug. 19). The seasonally adjusted figure for that week’s initial claims stood at 230,000, marking a decline of 10,000 from the previous week’s revised level, the U.S. Department of Labor (DOL) said...
