As shortly as mortgage charges are rising, the as soon as red-hot housing market is cooling off. Residence costs are nonetheless traditionally excessive, however there’s concern now that they’ll ease up as effectively. All of this has individuals asking: Is as we speak’s housing market in the identical predicament that […]
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The Communist Party resuscitates Didi Global
Didi global ought to be dead. Over the past year the Chinese government has stopped the domestic ride-hailing giant from signing up new users and launched a cyber-security investigation into its operations, days after its $4.4bn initial public offering in New York last June. In a seemingly fatal blow, Didi […]
Bill Fox Named Special Advisor to the Chancellor
After 27 years at the helm of the University of Tennessee, Knoxville’s Boyd Center for Business and Economic Research, Bill Fox is transitioning to serve Chancellor Donde Plowman and her leadership team as special advisor to the chancellor effective July 1. In the new role, Fox will provide economic analysis […]
Biden tells Kimmel gas prices oil companies’ fault: ‘Nobody’s listening to him,’ economics professor says
Fox News contributor and The King’s College economics professor Brian Brenberg rips President Biden blaming oil companies for rising gas prices. Fox News contributor and The King’s College economics professor Brian Brenberg ripped President Biden after he blamed oil companies for high gas prices during his appearance on ABC’s “Jimmy […]
Economists hope a rebound in immigration helps curb inflation : NPR
Morgan Bennett of Jamaica is a student guest worker at Funland, a beachside amusement park in Rehoboth Beach, Del. For the first time since the pandemic began, international student workers will be a big part of the park’s staff. Chris Darr hide caption toggle caption Chris Darr Morgan Bennett of […]
Stagflation and Recession Warnings Plague U.K. Businesses
In the struggle against soaring prices, Sean Hughes has been willing to try anything to keep costs down at his gastropub, Dylans at The Kings Arms. That includes adding some less traditional fare among favorites like prime rib and Scotch eggs. The latest: confit beef tongue. His diners, in St. […]
Consumer prices jumped 8.6 percent in May compared to last year as inflation holds grip on U.S. economy
The Consumer Price index, which tallies the cost of a basket of goods month to month, jumped 1 percent in May compared to the 0.3 percent increase in April — a sign inflation remains red hot. Compared to one year ago, the index in May hit 8.6 percent, rising from […]
CMU and Western Colorado Win Big at Go Code Colorado 2022 Awards
Three teams from Grand Junction took home a total of $40,000 in prizes at this year’s 2022 Go Code Colorado Awards sponsored by the Colorado Secretary of State’s Business Intelligence Center In Denver on Friday, May 27, CMU’s Maddie Vickers and Samuel Tufts were handed a $25,000 check by Go […]
Economics professor rips Biden’s inflation response: President ‘wrong that he can’t do anything’
Fox News contributor and The King’s College economics professor Brian Brenberg argues the president could have prepared ‘for months.’ Reacting to President Biden’s claim there’s no “immediate” fix to record-high gas and food prices, Fox News contributor and The King’s College Executive Vice President of Business professor Brian Brenberg called […]
Illumina Expands STEM Education Efforts at BizTown Opening
This week, we were the first life science company to join San Diego’s McGrath Family Junior Achievement BizTown Northampton, MA –News Direct– Illumina On May 31, Illumina celebrated the official opening of the newest storefront in The McGrath Family Junior Achievement (JA) BizTown, in San Diego, California. Biztown is JA’s […]
Fed’s Mester: more rate hikes ahead in ‘painful’ battle with inflation
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Hot dog sausages are seen in a supermarket, as inflation continues to hit consumers with the annual CPI increasing 8.3% in the 12 months through April, in Los Angeles, California, U.S. May 27, 2022. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register June 2 (Reuters) – The […]
For a Smooth-Running Economy, Rule of Law Matters
AUSTIN, Texas — Countries in which courts more easily enforce contracts see less economic volatility overall than nations that don’t adhere as well to the rule of law. That’s the finding from a study by a finance researcher at The University of Texas at Austin. The research suggests that when contract […]