Veteran Waco economist Ray Perryman is used to seeing an annual parade of best for business rankings that put Texas at the top. Those rankings shape perceptions about the state’s business climate — a longtime selling point touted by politicians and economic development specialists alike. That’s why Perryman finds one recent ranking “eerily disturbing.” Texas […]
The U.S. economy grew rapidly in the second quarter and exceeded its pre-pandemic size, but the outlook has suddenly turned cloudier due to the fast-spreading Delta coronavirus variant. Virus cases are rising again, particularly in parts of the country where vaccination rates remain low. The Centers for Disease Control and Prevention this week recommended that […]
Jul 31st 2021 AT THE START of the century, developing economies were a source of unbounded optimism and fierce ambition. Today South Africa is reeling from an insurrection, Colombia has suffered violent protests and Tunisia faces a constitutional crisis. Illiberal government is in fashion. Peru has just sworn in a Marxist as its president and […]
Cessna employee Dwight Bennett works inside of a jet during a tour of the Cessna business jet assembly line at their manufacturing plant in Wichita, Kansas August 14, 2012. REUTERS/Jeff Tuttle July 29 (Reuters) – Textron Inc (TXT.N) on Thursday beat Wall Street estimates for quarterly profit and raised its full-year adjusted profit forecast for […]
HOUSTON – When the COVID-19 pandemic threatened Michelle Varnes’ career, she decided to take a leap of faith and start her own business. “I want women to enjoy clothes, not have to spend a lot of money and just look great no matter what. It really was my friends and even my husband who said, […]
Guests enjoy outdoor dining in the Manhattan borough of New York City, U.S., May 23, 2021. REUTERS/Caitlin Ochs Second-quarter GDP forecast accelerating at an 8.5% rate Consumer spending, business seen powering economy Growth probably peaked in the second quarter About 380,000 people likely filed jobless claims last week WASHINGTON, July 29 (Reuters) – The U.S. […]
Market Roundup •Canada Trimmed CPI (YoY) 2.6%,2.7% previous •Canada Median CPI (YoY) 2.4%,2.4% previous •Canada Common CPI (YoY) 1.7%,1.8% previous •US Wholesale Inventories (MoM) 0.8%,1.3% previous •Canada Jun CPI (MoM) 0.3%,0.4% forecast, 0.5% previous •US Jun Goods Trade Balance -91.21B,-88.16B previous •US Jun Retail Inventories Ex Auto 0.6%,0.9% previous •US Jun Core CPI (MoM) 0.3%,0.4% […]
LEXINGTON, Ky. (LEX 18) — Old concerns became new concerns for business owners after the CDC released new mask guidelines. It is now recommended that masks be worn in indoor shared spaces regardless of vaccination status in areas of high transmission. Two months ago vaccinated Americans were told they no longer needed to wear masks. […]
Billionaire businessman Ken Langone told CNBC on Wednesday he expects higher-than-usual inflation to hit the U.S. economy for longer than the Federal Reserve anticipates. In an interview on “Squawk Box,” the Home Depot co-founder said both raw material and labor shortages have caused increased consumer prices during the pandemic economic reopening. Now, the potential for […]
To some people, they are just blankets, but to others they mean so much more. Beantown Blankets co-owner Shelley Cheche said it comes down to letting people know that they matter. That’s the mission behind the Massachusetts-based company that she founded with her son, Maxwell Perry. “Anyway we can help, we’re happy to do that,” […]
