Could the Price of Oil Hit $250 This Summer? If it does, think higher inflation, lower economic growth and global recession The stock market has been awful through the summer of 2022 – declining in January, February, April, May and June, with just the month of March recording positive numbers. Naturally, these declines and the … Read more
Before Russia stunned the world by invading Ukraine, it was widely believed that the economic ties formed through globalization would help promote peace. But the war is testing that assumption and drawing attention to the vulnerabilities in far-flung supply chains, which were already under pressure because of the pandemic and recovery. In response to the … Read more
The headline U.S. unemployment rate fell from 6.7% at the end of December 2020 to 3.9% in December 2021, marking the biggest one-year improvement in history.1 While many workers took advantage of this strong rebound in the job market, companies large and small have been struggling with labor shortages. A conspicuous lack of workers has snarled … Read more
