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Gov. Holcomb leads trip to Europe to highlight Indiana’s global economy

Gov. Holcomb leads trip to Europe to highlight Indiana’s global economy | WBIW Local Weather Alerts There are currently no active weather alerts. […]

World Bank forecasts uneven recovery in Middle East and North Africa

Economies in the Middle East and North Africa (MENA) region are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back of oil-price windfalls benefitting the region’s oil exporters. But heightened uncertainty surrounds this forecast due to the war in Ukraine and ongoing threats from COVID-19 variants. Titled “Reality Check: […]

Resort and campground sector doing well in economic recovery, others continue to face challenges – Brainerd Dispatch

NISSWA — After two years of the coronavirus pandemic, the travel, tourism and hospitality industry is coming back but the recovery is uneven and there are still challenges ahead. A lot of events are coming back this summer, Lauren Bennett McGinty, new director for Explore Minnesota, the state’s tourism promotion agency, told a group of […]

The Weekly Wrap – Another Spike in Inflation Delivered a Dollar Boost

Out of the U.S At the start of the week, inflation was back in focus, with the U.S annual rate of inflation accelerating from 7.9% to 8.5%. In March, the core annual rate of inflation picked up from 6.4% to 6.5%. On Thursday, the market focus shifted to retail sales, jobless claims, and consumer sentiment. […]

What the Fed needs to do as recession looms over US economy – CNN

What the Fed needs to do as recession looms over US economy CNN Read more…

Chinese officials are ‘painfully aware’ of economic fallout from lockdowns: European Chamber President

Jörg Wuttke, president of the European Union Chamber of Commerce in China, said in an interview with CNN Business on Thursday that his latest conversations with the government had been encouraging as pressure built on Beijing to ease up on measures that have stifled economic activity and kept millions of people at home. “They are […]

Digital Economy Payments

Digital Economy Payments: How Consumers Pay In The Digital World New Data Shows Consumers Are Buying Less, Spending More and Changing Habits Consumers are not only getting less for their money when they shop due to inflation, they’re also shopping less often. The PYMNTS March “Digital Economy Payments Report” surveyed 3,017 U.S. consumers to understand […]

Economic diplomacy takes a back seat as diplomats fail to push it

Amid rising imports, falling remittances and ballooning balance of payment deficit, many say a crisis could be just around the corner. Experts and analysts say the problem with Nepal’s economy is that the country imports a lot compared to what it exports because it doesn’t produce competitive products. What Nepal needs is maximum foreign direct […]

US stocks dip, bond yields climb, dollar rises on policy concerns

Wall Street stocks fell, while bond yields and the dollar rose on Thursday as investors worried that aggressive U.S. policy tightening could hurt the economy, while the European Central Bank signalled a steady reduction of stimulus. The benchmark 10-year U.S. Treasury yield jumped, following two days of declines, after a […]

Worker burnout poses growing threat to US economy, warns UNC professor

Editor’s note: Paige Ouimet is Professor of Finance, UNC Kenan-Flagler Business School. +++ CHAPEL HILL – The latest report from the Department of Labor showed continued robust job growth. Employers added 431,000 jobs in March. The news of sustained job gains speaks to the strength of the U.S. economy. Moreover, the labor force participation rate inched up […]