How attacks in the Red Sea are cramping global trade; what it means for retailers
The cost to ship a standard 40-foot container from China to northern Europe has jumped from $1,500 to $4,000, according to the Kiel Institute for the World Economy in Germany.
The cost to ship a standard 40-foot container from China to northern Europe has jumped from $1,500 to $4,000, according to the Kiel Institute for the World Economy in Germany.
Bread market expected to skyrocket, make big gains by 2027
A research firm predicts that the global bread market will gain $118.37 billion in value by 2027.
A research firm predicts that the global bread market will gain $118.37 billion in value by 2027.
Great wealth transfer is underway in US — to women
A McKinsey & Company study released in 2020 found women are set to control much of the unprecedented $30 trillion in assets held by baby boomers by the end of the decade.
A McKinsey & Company study released in 2020 found women are set to control much of the unprecedented $30 trillion in assets held by baby boomers by the end of the decade.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
US home prices rise again in November as inventory shortage persists
Georgia economist warns of recession as governor says his budget will spur growth
Georgia’s state economist is warning lawmakers that a recession could drive down state tax collections in coming months, while Gov. Brian Kemp is again portraying his budget as a way to spur further economic growth.
Georgia’s state economist is warning lawmakers that a recession could drive down state tax collections in coming months, while Gov. Brian Kemp is again portraying his budget as a way to spur further economic growth.
Major bank announces elimination of 20,000 jobs after losses
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
New Kentucky bill could exempt diapers from state's sales tax
For weary parents rolling up their sleeves for diaper duty, a bill in Kentucky would deliver tax relief when purchasing a necessity that adds up to a big expense.
For weary parents rolling up their sleeves for diaper duty, a bill in Kentucky would deliver tax relief when purchasing a necessity that adds up to a big expense.
Atlanta Fed president on inflation, slashing interest rates: ‘It’s not done ‘til it’s done’
The president of the Federal Reserve Bank of Atlanta told FOX 5 that he has reason to feel cautiously optimistic about the local economy heading into 2024.
The president of the Federal Reserve Bank of Atlanta told FOX 5 that he has reason to feel cautiously optimistic about the local economy heading into 2024.
Congressional leaders announce agreement on spending levels
Congressional leaders have reached an agreement on topline spending levels for the current fiscal year that could help avoid a partial government shutdown later this month.
Congressional leaders have reached an agreement on topline spending levels for the current fiscal year that could help avoid a partial government shutdown later this month.
Baby boomers back in business: Retirees returning to workforce
The Great Resignation started in early 2021, but, according to the US Labor Department, it fizzled out last March. Folks headed back to work. And, an interesting segment of this return-to-work crowd is retirees.
The Great Resignation started in early 2021, but, according to the US Labor Department, it fizzled out last March. Folks headed back to work. And, an interesting segment of this return-to-work crowd is retirees.
Lower gas prices expected in 2024 and weather, geopolitics could play role
Analysts said growing oil production in the U.S., as well as greater inventories, could lead to prices falling by at least 15 cents through the year.
Analysts said growing oil production in the U.S., as well as greater inventories, could lead to prices falling by at least 15 cents through the year.
Chick-fil-A prices have shot up over last 2 years, report says
A new report says Chick-fil-A prices have quietly increased by more than 20% over the past two years.
A new report says Chick-fil-A prices have quietly increased by more than 20% over the past two years.
US national debt nears $34 trillion; majority of voters say economy is in bad shape
The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury.
The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury.
Chick-Fil-A Kickoff and Peach Bowl generate over $90M impact on Atlanta
It will be a busy weekend in Downtown Atlanta as thousands head to the Chick-fil-A Peach Bowl.
It will be a busy weekend in Downtown Atlanta as thousands head to the Chick-fil-A Peach Bowl.
Housing affordability plummeted to lowest level on record in 2023
Just a fraction of homes for sale in 2023 were affordable for the typical American
Just a fraction of homes for sale in 2023 were affordable for the typical American
Gen X advised to ‘stop spending’ due to largest retirement savings wealth gap of any generation
Economist argues less spending equals a 'milder’ recession.
Economist argues less spending equals a 'milder’ recession.
Federal Reserve nears victory over historic inflation, defying predictions of recession
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
The cost of goods — such as used cars, furniture and appliances — has fallen for six straight months.
Rent prices show biggest decline in more than 3 years, Redfin report says
Redfin says its the biggest annual price drop in rents since 2020.
Redfin says its the biggest annual price drop in rents since 2020.
Federal Reserve holds key interest rate steady, anticipates three rate cuts next year
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time.
How much do stamps cost now? Here’s what you will spend to send out holiday cards amid inflation
Still need to send out your holiday cards? It will cost you more this year.
Still need to send out your holiday cards? It will cost you more this year.