The largest generation in the United States is buying houses and cars. That’s going to have consequences for inflation.
economy
Posted inOp-eds, Opinion
Commentary: The Fed’s pivot on inflation, unemployment is the opposite of hawkish
The central bank’s policy stance is actually much more dovish than it was a year ago. This doesn’t bode well for the economy.
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Posted inBusiness, Nation & World
U.K. to give $1.3 billion in aid to businesses hurt by omicron
The hospitality industry has taken a hit from public health measures, staff shortages and reservation cancellations.
Posted inBusiness, Nation & World
Omicron casts new shadow over economy’s pandemic recovery
One fear is that infections will further disrupt manufacturing and shipping, worsening the supply chain backlogs.
Posted inBusiness
Supply-chain nightmare ignites economic boom along U.S.-Mexico border
By keeping production closer to its final destination, companies hope it will reduce the risk of distribution snags.
Posted inBusiness, Nation & World
Why U.S. inflation is so high, and when it may ease
The economy has staged an unexpectedly rousing recovery from the pandemic, fueled by government spending and emergency moves by the Fed. Businesses had to scramble to meet demand, pushing prices up.
Posted inBusiness, Local & State, News, Politics
Long-term state revenue projections ‘volatile,’ Maine lawmakers told
The words of caution come as the Legislature prepares to debate what it should do with $822 million in additional revenue being projected for the current two-year budget.
Posted inElection 2022, Op-eds, Opinion
Commentary: Suspend the gas tax? It’s a short-sighted proposal from Democrats
The idea is appealing both politically and economically, but its supporters should be careful what they wish for.
Posted inBusiness, Nation & World
U.S. consumer confidence falls in November to nine-month low
U.S. consumer confidence was held back by rising worries about inflation and lingering concerns about the coronavirus.
Posted inOp-eds, Opinion
Jim Fossel: This year in particular, we have a lot to be thankful for
Yes, it’s getting colder and darker – but consider all that we’ve weathered over the last 12 months.