Small Businesses Keep Hiring as Fed Raises Rates to Cool Economy

Central bankers have pointed to the labor market as a primary driver of high inflation. Read More

Interest Rate Increases: 4 Concerns for Small Businesses

Higher interest rates can impact small businesses’ cash flow and their ability to borrow, reinvest, and even hire workers ... for the economy. Only 19% of small business owners think economic ... Read More

Small businesses are saving the economy from a recession, for now

Small businesses ... "Business segments that hired aggressively in the first half of 2022 have slowed hiring and in some cases cut jobs in the last month of the year." But as the Wall Street ... Read More

Officials cited strong hiring to justify raising interest rates, Fed minutes reveal

That message reflected concern that Wall Street ... counter the Fed’s efforts to cool the economy. Overall, the minutes showed that Fed officials remained determined to keep rates high to ... Read More

Workers love big raises. The Fed, not so much. Why pay has a big role in inflation fight.

The fate of the economy in 2023 --- and whether the U.S. has a recession --- may depend on obscure report on worker pay that only comes out four times a year. Read More

Fed, set to impose smaller hike, may hint of fewer increases

But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording in its post-meeting statement about future rate increases. A change in its statement, ... Read More

Why good news is bad news on Wall Street

and Jerome Powell & Co. may need to raise rates for longer to slow the economy and cool inflation. Rate hikes are bad news for stocks because they eat into companies’ profits. Wall Street is ... Read More

Fed officials expect to keep interest rates elevated for 'some time,' minutes show

Fed officials ... policy." US ECONOMY FACES TURBULENT 2023 AS RECESSION FEARS GROW The half-point increase, the seventh straight hike in 2022, pushed the federal funds rate to a range of 4.25% ... Read More

Four things to watch for in the economy for businesses in 2023

There were a few surprises Wall Street ... business environment. Federal Reserve: This obviously is not a surprise. Expect the Fed to keep raising rates, which means the cost of loans for ... Read More

Wall Street rallies on rate hopes, notches gain for the week

Stocks rallied after a shaky start and closed with broad gains Friday as some mixed readings on the U.S. economy stoked hope on Wall Street ... Fed last month stepped down the size of its rate ... Read More