Inflation has created a dark cloud over how everyday Americans view the economy

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[ad_1] Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois. Scott Olson | Getty Images When Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges. The newly single parent reentered the workforce, only to be laid off from her job … Read more

Boeing urges inspections of 737 Max planes for ‘possible loose bolt’

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[ad_1] The Boeing 737 MAX aircraft is displayed at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. Peter Cziborra | Reuters Boeing is urging airlines to inspect 737 Max planes to look for a “possible loose bolt” in the rudder control system, the latest quality issue to affect the manufacturer’s bestselling jetliner. The … Read more

Startup bubble fueled by Fed cheap money policy finally burst in 2023

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[ad_1] Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride it to a nearby WeWork office, home to the hottest new crypto startup. Then came Covid. Electric scooters and coworking spaces were no longer … Read more

Companies losing pricing power after years of unbridled spending

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[ad_1] A FedEx worker delivers packages in New York, May 9, 2022. Andrew Kelly | Reuters After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the limits of their pricing power. Shipping giant FedEx last week said customers have shied away from speedier, pricier shipping … Read more

Investors are betting on Fed rate cuts and a broader market rally in the new year

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[ad_1] Investors could finally see the 2023 rally broadening in a meaningful way in 2024, though the gains may not be as impressive after the year Wall Street just had. The S & P 500 is up 24% year to date, trading just below its record close of 4,796.56 set in January 2022. The Dow … Read more

A soft landing is in sight, but not without some danger ahead

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[ad_1] The domestic economy heads into 2024 looking to escape the shackles of a recession specter that has been hanging over the U.S. for the past two years. That might not be so easy. After all, many of the same fears that have shadowed the economy in the post-pandemic recovery remain: high prices, tight monetary … Read more

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