Author: Paul Mendoza III It’s no secret that the United Kingdom has been going through an economic crisis since its momentous vote to leave the European Union back in 2016. Dubbed “Brexit,” this decision has caused immense uncertainty and turmoil throughout the country, with businesses large and small feeling the pinch. In fact, according to a recent report from the […]
Author: Katherine Crusse On October 13th, the Social Security Administration announced that benefits will increase by 1.3% in 2022. This is the largest hike since 2017, when benefits increased by 2%. The last time benefits increased by less than 1.3% was in 2010. For business owners and entrepreneurs, it’s important to understand how this increase will affect your employees and […]
Author: Bryan Silo The Bureau of Labor Statistics reported that the Producer Price Index for final demand rose 0.8% in April, after rising 0.5% in March and 0.4% in February. On a year-over-year basis, producer prices have increased 4.2%. Inflation at the wholesale level accelerated in April, as the Producer Price Index (PPI) for final demand rose 0.8%, the U.S. […]