Small businesses feel good about the future, according to the Q3 MetLife and U.S. Chamber Small Business Index.‌ Why it matters: Main Street employers remain resilient in the face of high inflation and the worker shortage. By the numbers: 66% of small businesses report that their business is in good […]

Consumers may be dumping their economic fears into Fido’s bowl. Food giant General Mills (GIS) — which counts pet brand Blue Buffalo among its stable cereal and snack brands — saw noticeable sluggishness in demand for pet food in its most recent quarter. Reported net sales for Blue Buffalo were […]

If your savings are languishing in a low-yield account, it’s time to change that. /Getty Images In today’s inflationary environment, it often seems like consumers are losing money left and right. They’re paying more for everything from groceries to gas, accruing more credit card interest and watching their investment returns […]

On Thursday, revisions to first quarter economic data showed the economy grew faster than initially expected despite inflation coming in higher than first noted. In the labor market, revisions resulting in part from fraudulent data in Massachusetts show jobless claims aren’t piling up as previously anticipated. Together, the data points add […]

U.S. economic activity grew at a slower pace than expected in the first quarter of 2023, flashing further signs that the economy is slowing down as recession fears swirl and the Federal Reserve considers more interest rate increases. The Bureau of Economic Analysis’ advance estimate of first quarter U.S. gross […]