US Stocks Fall as Inflation Remains Stubbornly High | Business News

By DAMIAN J. TROISE and ALEX VEIGA, AP Business Writers NEW YORK (AP) – Stocks fell in afternoon trading on Wall Street as investors received another dire readout on inflation. The S&P 500 fell 1.5% as of 2:31 pm Eastern. The Dow Jones Industrial Average fell 462 points, or 1.5%, to 31,368 and the Nasdaq … Read more

Asian Stocks Mixed, China Gains Ahead of US Price Data | Business News

By ELAINE KURTENBACH, AP Business Writer Shares were mixed in Asia on Wednesday with Chinese benchmarks pressing higher after a rally in technology companies helped reverse most of an early slide on Wall Street. Hong Kong’s Hang Seng rose 1.7% to 19,967.25 and the Shanghai Composite index climbed 1.5% to 3,082.50. That followed the release … Read more

Asian Stocks Mixed, China Gains Ahead of US Price Data | Business News

By ELAINE KURTENBACH, AP Business Writer Shares were mixed in Asia on Wednesday with Chinese benchmarks pressing higher after a rally in technology companies helped reverse most of an early slide on Wall Street. Hong Kong’s Hang Seng rose 1.1% to 19,853.66 and the Shanghai Composite index climbed 1.4% to 3,079.40. Tokyo’s Nikkei 225 added … Read more

Asian Shares Mostly Fall as Rate Hikes, China Slowdown Loom | Business News

By YURI KAGEYAMA, AP Business Writer TOKYO (AP) – Shares fell in most Asian markets on Monday as interest rate hikes and a slowing Chinese economy weighed on investor sentiment. Oil prices were higher and US futures fell following sharp declines on Wall Street last week. Benchmarks declined across the region. Jakarta’s benchmark fell 4%. … Read more

Asian Stocks Rise After Fed Chair Downplays Bigger Rate Hike | Business News

By JOE McDONALD, AP Business Writer BEIJING (AP) – Asian stock markets followed Wall Street higher on Thursday after the Federal Reserve chairman downplayed the likelihood of bigger rate hikes following the US central bank’s biggest increase in two decades. Shanghai, Hong Kong and Sydney advanced. Markets in Japan and South Korea were closed for … Read more

How Burnout And Inflation Continue To Impact Small Business Owners

The mental and economic stresses and strains of running a small business in a constantly challenging … [+] marketplace continue to grow, according to the results of a new national survey. getty The mental and economic stresses and strains of running a small business in a constantly challenging marketplace continue to grow. According to the … Read more

Here’s how much cash retirees need to weather a stock market downturn

Luminola | E + | Getty Images Amid high inflation and rising interest rates, there are fears of a prolonged stock market downturn, and some retirees may be vulnerable without a cushion of cash, financial experts say. However, there’s also the risk of crumbling purchasing power, with annual inflation growing by 8.5% in March, the … Read more

Asian Shares Slip Ahead of Fed Interest Rate Decision | Business News

By ELAINE KURTENBACH, AP Business Writer Shares were mostly lower in Asia on Wednesday as investors waited for Wednesday’s decision by the Federal Reserve on interest rates. Hong Kong, Seoul, Mumbai and Sydney declined while many other markets were closed for holidays. The Fed monetary policy committee is expected to raise its benchmark rate by … Read more

Is Inflation Killing Your Business? What To Do To Survive

Ask owners what their challenges are, and they’ll say “cost of materials going up,” “I’m paying my employees more to keep them on board,” or “cost of fuel is getting ridiculous.” On the flipside, any talking head on CNBC will say inflation is to blame for those issues business owners are facing. Inflation is intangible … Read more

Asian Shares Mixed as Australia Hikes Interest Rate | Business News

By ELAINE KURTENBACH, AP Business Writer Asian shares were mixed Tuesday after Australia’s central bank raised a key interest rate for the first time since 2010. Trading was light with markets in mainland China, Japan and some other countries closed for holidays. Australia’s central bank lifted its benchmark interest rate to 0.35% from 0.1%. Investors … Read more

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