Page 39 - Mark Grant News Today

I have mixed feelings about China. On the plus side, I think the country’s massive economic transformation may be one of the most impressive events in human history. Bringing hundreds of millions from primitive rural lives into relatively prosperous cities within a few years was awe-inspiring. I greatly admire the millions of Chinese entrepreneurs worldwide who create jobs and technology. They’ve helped the entire world in countless ways. And yet, I can’t forget that China’s leaders are...

Normal, IL, USA / www.cities929.com Jul 23, 2021 | 3:25 PM (The Center Square) – Skyrocketing unemployment during the pandemic drained the state’s unemployment insurance fund, causing a deficit that could reach $5 billion. That has business leaders worried about tax increases. The pandemic’s ensuing economic shutdown caused unemployment rates as high as 16% last year, upending the usual balance between revenue and benefit payouts into Illinois’ Unemployment Insurance Trust Fund, accordi...

Update at the end of the story Iran, North Korea and Syria have currently blocked the Arms Trade Treaty. Of course they are the ones who need it the most. Mexico wants to go ahead without these nations, mostly because they want to control our right to individual gun ownership. Read about that in the article, “Mexican President demands tighter US gun control” The lesson from this is that President Barack Obama and Secretary of State John Kerry want us to agree to  this treaty and you need...

SPRINGFIELD — A survey shows Illinois business owners were less optimistic in May for...

(The Center Square) – A survey shows Illinois business owners were less optimistic in May for the near future because of the ongoing labor shortage. The National Federation of Independent Business index dipped in May af...

Fed officials have repeatedly tamped down fears of inflation running persistently higher than its 2% target, while pointing out they have tools to keep it under control.

US inflation rate climbs at fastest pace since 2008 whatsapp The increase was driven by a rise in the costs of used cars and trucks. (Photo by Justin Sullivan/Getty Images) US inflation has soared to the fastest annual rate since the financial crisis, fuelling concerns of early policy tightening by the Fed. The Labor Department said its consumer price index (CPI) rose 0.6 per cent last month after surging 0.8 per cent in April. In the 12 months to May, CPI accelerated five per ...

US stocks rose on Thursday, with the S&P 500 hitting a record high, as investors doubted whether a spike in May consumer prices would spur early policy tightening by the Federal Reserve.

Read more about Inflation fails to shake US mkts out of torpor, with Fed in drivers seat on Business Standard. Fed officials have repeatedly tamped down fears of inflation running persistently higher than its 2% target

Analysis: Hotter inflation fails to shake U.S. markets out of torpor, with Fed in drivers seat Reuters 2 hrs ago By Karen Pierog CHICAGO (Reuters) - Investors are not freaking out over a spike in U.S. inflation in the past two months, showing confidence that the Federal Reserve is deftly handling a rebound in economic growth even as it leaves markets guessing about how it defines "transitory" when it talks about price increases. In fact, Wall Streets benchmark index inched to a record high...