Economy - Bert Martinez

July 14, 20230Comments

Consumer sentiment rises sharply

Americans are losing their inflation jitters, driving a gauge of consumer sentiment to its most bullish level since September 2021. The University of Michigan’s preliminary index for July shot up

by Janice Thompson

Business

Economy

July 12, 20230Comments

Mexico passes China in US trade

After nearly a decade, China is no longer the United States’ top trading partner. That title now goes to Mexico, with Canada right behind it. China’s getting bumped from the

by Adam Lee

Economy

July 10, 20230Comments

Stamp prices increase again

Get ready to shell out a few more cents to send a letter. On Sunday, the U.S. Postal Service increased the price of a stamp to 66 cents, up from

by Janice Thompson

Economy

Employment

July 7, 20230Comments

Tech layoffs hardest on women

Tech has long been a male-dominated industry, but its headline-grabbing layoffs have been a bigger problem for women. Around 45% of tech workers who lost their jobs starting in October

by Janice Thompson

Economy

Employment

July 3, 20230Comments

The numbers to watch this week

Attention shifts to the labor market this week, with the U.S. releasing its employment report for June. The economy is expected to have added a robust 339,000 jobs in the

June 30, 20230Comments

Inflation gauge shows surprise drop

A key measure of inflation dropped unexpectedly in May, suggesting successive interest-rate increases by the Federal Reserve are working to slow the rapid rise in consumer prices since last year.

by Adam Lee

Business

Economy

June 30, 20230Comments

Unemployment rate losing influence

New research may explain America's boom and gloom. Though low unemployment and positive consumer sentiment were closely linked for decades, public opinion bucked that trend last year as record-low joblessness

by Janice Thompson

Business

Economy

June 22, 20230Comments

SCOTUS ruling could change DEI

A Supreme Court ruling on race-conscious admissions policies may affect companies' hiring and promotion decisions — and also their diversity, equity and inclusion initiatives, The Wall Street Journal reports. A

by Adam Lee

Business

Economy

June 19, 20230Comments

San Francisco’s downtown struggles

By Tiffany Moustakas, Editor at LinkedIn News What was once a bustling downtown San Francisco for commercial real estate is now mostly empty, Insider reports. Between some retail stores closing, some

by Adam Lee

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