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News & Articles By Cassie B.
01/26/2022
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By Cassie B.
Survey finds most global CEOs expect inflation to last through 2023 and beyond
Inflation is a top concern for many CEOs around the world right now, and many of them say they believe it is unlikely to go away anytime soon. In Conference Board’s C-Suite Outlook 2022 report, inflation was the second greatest business concern reported by global business leaders who were polled, coming in behind COVID-19 disruptions. […]
12/23/2021
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By Cassie B.
U.S. inflation tops OECD countries as Biden’s economic ratings plummet
In another sign that the economy’s downward spiral is incredibly serious, recent data shows that the U.S. economy noted the highest level of inflation this year among the 38 countries in the Organization for Economic Cooperation and Development, or OECD. America’s Consumer Price Index annual growth rate of 6.2 percent in the 12 months that […]
12/22/2021
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By Cassie B.
More last-minute shoppers are heading to local shops as supply chain problems continue
Supply chain woes are driving many Americans to rediscover the joys of shopping local, particularly in smaller stores. Throughout the country, local shops are reporting more in-store traffic for last-minute shopping as many people find the items they seek are out of stock at big-box retailers and online or will arrive too late for the […]
12/20/2021
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By Cassie B.
Poll: American voters blame Biden’s policies for making inflation worse as approval dips
As inflation continues to cause financial distress for Americans, many are placing the blame on the Biden administration. A new poll carried out by Fox Business found that 47 percent of American voters think that President Biden’s policies are hurting inflation, while just 22 percent say they are helping to get inflation under control. Meanwhile, […]
12/08/2021
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By Cassie B.
Americans are hoarding cash in record numbers, but inflation is causing the value of savings to drop
Americans have been increasingly hoarding cash due to economic uncertainty spurred by the COVID-19 pandemic, and experts are warning that the value of these savings are diminishing thanks to rising inflation. The funds that many people have amassed in savings throughout the pandemic are significantly more than the three to six months of emergency savings […]
12/08/2021
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By Cassie B.
Inflation and supply shortages could get worse thanks to omicron hysteria, OECD warns
The hysteria over the omicron coronavirus variant is threatening to cause a serious global slowdown, the Organization for Economic Cooperation and Development (OECD) has warned. The economic think tank said that a renewed wave of the pandemic could exacerbate the existing strain on the economy due to high inflation levels. Researchers are still working to […]
12/07/2021
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By Cassie B.
Sweeping vaccine mandates could cost Western Australia billions of dollars in economic losses
Around 40,000 workers in Western Australia are about to lose their jobs and their livelihoods thanks to vaccine mandates introduced by the government that are expected to cost the state economy the equivalent of roughly $2.1 billion U.S. dollars. Western Australia has been the site of one of the country’s most extreme vaccine mandates. Rules […]
12/06/2021
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By Cassie B.
45% of American households experiencing financial hardship thanks to Biden era inflation
With holiday shopping in full swing and temperatures dropping, 45 percent of American households are reporting financial hardship linked to recent inflation. This is according to a new Gallup poll that was carried out in November. Respondents were asked whether recent price increases had led to financial hardship for their household; if so, they were […]
12/02/2021
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By Cassie B.
Overly complex government regulations are contributing to food costs, supply chain disruptions
Supply chain issues like port backlogs and labor shortages have been getting a lot of attention lately, but researchers say another factor that has a big influence on food supply chain disruptions that is often being overlooked is regulatory restrictions. The effects of food supply chain disruptions can be felt throughout the grocery store, with […]
11/25/2021
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By Cassie B.
Samsung announces plans to build new $17 billion chip factory in Texas
Samsung has announced plans to build a $17 billion semiconductor factory near Austin, Texas, in the next three years in what is said to be the most significant foreign direct investment in the state’s history. The new factory is part of an effort by the South Korean tech giant to raise its manufacturing capacity and […]
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