The auto industry is under a microscope thanks to the 25% universal tariffs that President Donald Trump imposed earlier this year. Since then, the President has negotiated side deals with a handful of countries, including the U.K., Japan, and the EU, that lowered those auto tariffs to more palatable levels. The stated reason for the…
The furniture business has been a quiet victim of the Covid pandemic and the struggling housing market. When people were forced to spend more time in their homes, they spent money on making those houses more comfortable. They bought new furniture, built home offices, and generally pulled forward demand that was a short-term boom for…
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Normally, in the week after the monthly jobs report is released, the business and the economy chug along with the economic reports grabbing modest headlines. Inflation, however, has been a big concern since the end of the Covid-19 pandemic, and two really important inflation reports land on Wednesday and Thursday as well as the weekly…
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Jobs or inflation? Inflation or jobs? Figuring out which is ringing alarm bells louder this year hasn’t been easy. The job market is wobbling: According to the Bureau of Labor Statistics, the U.S. unemployment rate has climbed to 4.3% from 3.4% in 2023 — the highest level since 2021. According to Challenger, Gray, & Christmas, the total…
The death of a family’s primary wage earner can bring profound emotional and financial hardship. In such moments, Social Security survivors insurance plays a vital role in helping families maintain some financial stability. It provides income to the spouses, children, and sometimes even dependent parents of workers who pass away, offering a measure of security…
Republicans and Democrats don’t agree on much these days, and Democrats have not been happy about many of the policy changes that President Donald Trump has made since taking office a second time. That’s especially true as the president has radically shifted many parts of the government, frustrating those on the left. That’s why it…
Spirit Airlines has entered into bankruptcy for the second time in under a year. The second and most recent filing for Chapter 11 bankruptcy occurred on Friday, Aug. 29, 2025, and the first occurred in November of 2024. Spirit had emerged from its first bankruptcy in March of this year, but it has continued to face financial…
Inflation isn’t fun… for anyone. Higher prices mean cash-strapped consumers and businesses have to make tough choices on spending, cutting purchases and shelving plans. Many may have thought the worst of inflation was in the rearview last year after the Fed finally and successfully wrestled runaway inflation in 2022 down below 3%. Unfortunately, inflation is…