Top Fed Official Changes His Tune
Thomas Hoenig, President of the Federal Reserve Bank of Kansas City, made headlines today with a controversial speech in Beunos Aires. Hoenig posited that, rather than trying to help out large financial institutions which are in danger of failure, the Fed should simply let these businesses f...
Gustav’s Effect on Business - Just the Beginning?
Damage forecasts for hurricane Gustav could make the latest storm one of the top ten costliest in US history. Eqecat, Inc., an industry leader in risk modeling, estimates insurance payouts of up to $10 billion. That’s less than a quarter of Katrina’s cost a...
July Prices: Rising and Falling
Headlines everywhere are focused on the inflation, or rising prices, which we are all experiencing right now. However, not everything is going up. Here is a list of what is rising, what is falling, and what it all means.
RISING:
Wholesale prices rose so...
Small Business Headlines
Small Businesses Speak Out About Economic WoesSmall-business owners and association representatives spoke out about the current economic turmoil at...
Election Day Perks: Businesses Hand Out Freebies to VotersNow, there’s no excuse not to vote. Election Day is finally here, and voters can get more than...
Nerf Wars to Scooter Races: Secrets to Making Work FunEditor’s note: On Mondays, we’ll be interviewing 2008 Top Small Workplaces winners about their...
Currency Headlines
The Rising Yen in a Sea of Falling CurrenciesWhen it seems that the world’s currencies are all falling against the U.S. dollar (USD), there...
USD Rallies Against Other Major CurrenciesOn Friday Aug 29th, the U.S. Dollar (USD) strengthened against most major currencies. Although a drop...
Many Commodity Prices Slip on Stronger DollarIn general, commodity prices fall whenever the dollar strengthens as investors try to hedge against inflation....