Fear itself: Inflation risks being self-reinforcing prophecy
NEW YORK — Everyone knows inflation is bad. The pressing question is whether everyone expects it to stay that way. With prices rising at their…
Articles by biztimes
Fewer Americans file for jobless claims last week
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs continue to fall amid a strong job market rebound. Jobless claims fell…
Bank of England raises key interest rate to combat inflation
LONDON — The Bank of England raised its key interest rate today for the third time since December as it pushes ahead faster than other…
US expels another Chinese phone carrier on security grounds
BEIJING — Washington has expelled another state-owned Chinese phone carrier from the U.S. market over national security concerns amid rising tension with Beijing. The Federal…
Dollar General: Fiscal Q4 earnings snapshot
GOODLETTSVILLE, Tenn. — Dollar General Corp. today reported fiscal fourth-quarter profit of $597.4 million. On a per-share basis, the company said it had net income…
War in Ukraine will take global economic toll, group warns
Russia’s war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe, the Organization…
Work continues on new home for Dubuque medical group, pharmacy site
Nearly one year after its groundbreaking, progress continues on a new Dubuque medical facility and pharmacy location. Construction is nearly complete on the exterior of…
Dickeyville senior-living development nearing completion
DICKEYVILLE, Wis. — A new senior-living community in Dickeyville is slated to open for occupancy on May 1. Midwest Community Development, of Cuba City, is…
Fed begins inflation fight with key rate hike, more to come
WASHINGTON — The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest rate…
U.S. retail spending slows as inflation starts to bite
NEW YORK — After beginning the year in a buying mood, Americans slowed their spending in February on gadgets, home furnishings and other discretionary items…