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 […]
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Volante Technologies wins ‘Most Innovative Payment Solutions Provider’ for Second Year Running at MEA Finance Banking Technology Awards 2022
DUBAI, UAE, May 30, 2022 /PRNewswire/ — Volante Technologies, the global leader in cloud payments and financial messaging, today announced it has won the 2022 MEA Finance Banking Technology Award for ‘Most Innovative Payment Solutions Provider’. This award highlights Volante’s innovative payments modernization capabilities in the Middle East and Africa […]
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 […]
U.S. economic expansion, year three
The U.S. economy is about to enter the third year of an economic expansion that began in May 2020, according to the National Bureau of Economic Research’s business cycle dating committee. A review of employment, production, income and sales metrics shows the economy continues to grow, though inflation has emerged […]
Baitland named child advocate of the year | Community
Dr. Betty Baitland has been honored as the Child Advocate of the Year for 2021 at Child Advocates of Fort Bend’s Volunteer Celebration at Sugar Creek Country Club. More than 220 volunteers, community partners and staff attended. “This advocate has gone above and beyond, and her actions will have long-lasting […]
The US Economy Grew at Its Fastest Rate Last Year Since 1984
The US economy grew 5.7% throughout last year, the fastest expansion since 1984. That puts Biden in the same ranks as Reagan, who saw similar growth after the early-’80s recessions. Biden’s scorecard is marred by high inflation, but the Fed’s fight against rising prices just began. Loading Something is loading. […]