Investors looking for a silver lining to the weak jobs picture in the United States should consider this: the recent rise in unemployment may move the U.S. further away from the danger of stagflation.
At least that will be the case if the historical relationship between the jobless rate and inflation holds up. It suggests that [...]
Good News for Stagflation Worries
August 9th, 2008 · No Comments
Tags: Business · Money · North America
Business owners face a cost spike
July 18th, 2008 · 2 Comments
(Fortune Small Business) — With commodity, fuel and insurance costs hitting record highs, small-business owners are anxious about next week’s federal minimum wage hike, which will require employers in 26 states and the District of Columbia to raise their base to at least $6.55.
Next week’s increase of the current $5.85/hour minimum wage is the second [...]
Tags: Business · Finance · News · North America