Recession

Main Street Hospitality SMBs Most Optimistic About the Economy

Main Street Hospitality SMBs Most Optimistic About the Economy
Main Street Hospitality SMBs Most Optimistic About the Economy
August 23, 2023  |  SMBs

Across the United States, ongoing fears that the economy may still be running too hot remain elevated, with most Main Street small- to medium-sized businesses...

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Micro Excitements Drive Macro Economy — but It’s a Two-Way Street
Micro Excitements Drive Macro Economy — but It’s a Two-Way Street
July 27, 2023  |  Economy

Today’s business operating landscape is a decidedly modern one. And an increasingly digital one — the hyperconnectivity of which impacts nearly every near and long-term...

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Federal Reserve Bank of Chicago President Optimistic About Inflation Easing
Federal Reserve Bank of Chicago President Optimistic About Inflation Easing
July 14, 2023  |  Economy

The Federal Reserve Bank of Chicago President Austan Goolsbee expressed his optimism regarding the recent consumer-price data, which showed inflation easing. “It’s at least promising that this...

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Mixed PMI Data Signals Recession May Still Hit Main Street Small Businesses
Mixed PMI Data Signals Recession May Still Hit Main Street Small Businesses
June 23, 2023  |  SMBs

For Main Street’s small businesses, the jury’s still out as to whether — or when — a recession will hit. A spate of recent economic...

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Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
June 13, 2023  |  Retail

It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Target’s much-anticipated quarterly...

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Eurozone Recession May Hint at What’s to Come for US
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023  |  Economy

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. One consequence of a global economy is that when...

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Germany Digital Payment Growth May Pause as Country Enters Recession
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023  |  Digital Payments

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently...

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MENA’s AgriTech Revolution Captures VC Attention and Dollars
MENA’s AgriTech Revolution Captures VC Attention and Dollars
May 04, 2023  |  Startups

Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion...

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