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Business, economic leaders celebrate KCPS accreditation

KANSAS CITY, Mo. — Local business leaders are optimistic for what the future holds for the city’s economy following Kansas City Public Schools restored full accreditation. “It’s critical for this city and for the city’s future to have a thriving public school system. We have to have it and our kids deserve it,” Barkley president […]

IMF’s Georgieva sees US inflation declining in Q2 2022

International Monetary Fund Managing Director Kristalina Georgieva notes ‘some progress is being made’ in addressing supply chain constraints WASHINGTON, USA – Inflation in the United States is expected to decline in the second quarter of this year, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Wednesday, January 12. “This is subject to dealing […]

Why Small Business Loan Approval Rates Are Climbing At A Snail’s Pace

Although approval percentages at banks, and non-bank lenders (institutional lenders, alternative lenders and others) have risen steadily during the past 12 months, the rebound in small business lending has been far from robust. Bank vault. (Photo by Dick Whittington Studio/Corbis via Getty Images) Corbis via Getty Images Small business loan approval percentages at big banks […]

City of Charleston passes King Street Business Improvement District

CHARLESTON, S.C. (WCSC) – City of Charleston council members passed the King Street Business Improvement District that will reshape area businesses, but have not voted to make a racial conciliation commission permanent. The two controversial topics were brought before the council for the second time during Tuesday’s meeting, which lasted for nearly six hours. The […]

Industrial metals rise as dollar drops after Powell testimony

Jan 12 (Reuters) – Industrial metals rose on Wednesday, lifted by the dollar that weakened after U.S. Federal Reserve Chairman Jerome Powell made less hawkish comments during his renomination hearing. Three-month copper on the London Metal Exchange was up 0.8% at $9,800 a tonne by 0400 GMT. The most-traded February copper contract on the Shanghai […]

Labor Shortages and the Immigration Shortfall

Employment Employment By Giovanni Peri and Reem Zaiour·January 11, 2022 University of California, Davis The Issue: Due to increased restrictions on immigration and travel, which began with the COVID-19 pandemic in the early months of 2020, the net inflow of immigrants into the United States has essentially halted for almost 2 years. By the end […]