July 8, 2022
Another blowout jobs number and continued wage growth will likely stiffen resolve at the Federal Reserve for another three-quarter point rate increase at the central bank’s July meeting, as the welcome news of a still strong job market clashes with …
May 13, 2022
Calling stable prices the “bedrock” of the economy, Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank’s battle to control inflation would “include some pain” as the impact of higher interest rates is felt, but that the …
April 25, 2022
Craig Fuller monitors millions of transactions between U.S. truckers and their customers as chief executive of transportation data company FreightWaves – and he does not like what he is seeing. There has been an unexpectedly sharp downturn in demand to …
April 21, 2022
According to a recent survey by Next Insurance, small businesses are feeling stressed and frustrated by the state of the economy and inflation. Only 29% of respondents said they felt optimistic about an economic recovery in the next year, according …
November 4, 2020
Despite a year of unprecedented challenges and uncertainty and a halting global economic recovery, the insurance industry remains strong, stable, sound and secure. Though below pre-COVID forecasts, major indicators point to positive rates of growth and a positive return on …
August 13, 2020
The U.S. economic recovery will be slow until the coronavirus is under control, and Americans will have to manage life with the virus for at least the next several months, three Federal Reserve policymakers said on Wednesday. After rebounding strongly …
February 20, 2019
February is Insurance Careers Month and since insurance has been so good to my house, I feel compelled to participate. To paraphrase an old comedian, “If it hadn’t been for insurance, I would be in insurance today.” Our friends at …
October 25, 2016
First-time claims for unemployment insurance in Louisiana for the week ending Oct. 15 increased from the previous week’s total. The state labor department figures show the initial claims rose to 2,674 from the previous week’s total of 2,558. For the …
October 11, 2016
The record pace of construction in Sioux Falls isn’t letting up. The Argus Leader reported that the city has permitted $573.4 million in construction through September, up from $546 million over the same period last year. The city has permitted …
February 3, 2015
Weakness in the agriculture and energy sectors will slow the economy in nine Midwestern and Plains states this spring, according to a monthly survey of business leaders released Feb. 2. The region’s overall economic index improved slightly to 54.8 in …