WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported Thursday in a slight downgrade of its previous estimate for the January-March quarter. Last quarter’s drop in the U.S. gross domestic […]
Business
DECA students attend Governor’s Business and Economic Development Conference
TINA L. SCOTTEDITOR Earlier this year, Merrill High School DECA and Business students were invited as guests to the Governor’s Business and Economic Development Conference in Madison in February for a chance to participate in this year’s timely theme: “Tackling Economic Challenges.” “Students learned about the forces and people driving […]
Flight bookings for leisure and business travel top 2019 levels
For the first time since the start of the pandemic, global leisure and business flights have risen to levels not seen since 2019. That’s according to the Mastercard Economics Institute’s third annual travel report, titled “Travel 2022: Trends & Transitions,” published yesterday. After analyzing 37 global markets, the report found […]
Economics 101: What rising interest rates, inflation mean for you
The price of just about everything has gone up. Inflation, the rate at which prices rise in the economy, is the worst it’s been in 40 years. The Federal Reserve, the central bank for the U.S. — more commonly known as the Fed — announced earlier this month that it […]
Russia’s Economic Outlook Grows ‘Especially Gloomy’ as Prices Soar
LONDON — After sanctions hobbled production at its assembly plant in Kaliningrad, the Russian automaker Avtotor announced a lottery for free 10-acre plots of land — and the chance to buy seed potatoes — so employees could grow their own food in the westernmost fringe of the Russian empire during […]
Economic Summit offers insight, updates, chance for business leaders to gather
Nathan Perry, an associate professor of economics at Colorado Mesa University, gives an economic update during the Economic Summit on Friday, May 20, 2022, at Colorado Mountain College’s Steamboat Springs campus.John F. Russell/Steamboat Pilot & Today More than 100 business leaders from Northwest Colorado gathered inside the Albright Auditorium on […]
Main Street is convinced that a recession will hit economy this year
Main Street and Wall Street are often at a distance when it comes to the state of the economy. The likelihood of a recession hitting in 2022 is the latest example. Both camps are bearish, but small business owners are leading the way in negative sentiment — by a notable […]
Greenwich Hospital earns Women’s Choice Awards for its patient experience and cancer care
The Women’s Choice Awards has named Greenwich Hospital as one of America’s Best Hospitals for Patient Experience and Cancer Care in 2022. By carrying the Women’s Choice Award, Greenwich Hospital is part of an elite national network of health-care facilities committed to providing the highest level of care and empowering individuals to make informed […]
Young entrepreneurs pivot to battle on Ukraine’s economic frontline
Andrey Stavnitser is using his logistics expertise to co-ordinate aid convoys © Ada Saniewska When Russia launched its invasion of Ukraine in February, Andrey Stavnitser, head of a shipping terminal group, assessed his options. Moscow’s bombing campaign, combined with the blockade of ports and the laying of mines, suddenly made […]
Class Acts: Alivia Kaplan – The Source
Alivia Kaplan has a worldview that sets her apart from most. Growing up, her family moved 19 times, exposing her to different cultures early on. “I think moving definitely made me very adaptable,” said Kaplan, who expects to graduate in May with a bachelor’s degree in economics and strategy from […]