inflation

A masked restaurant worker stands behind a counter holding a bowl of food.

Johnson County Supervisors vote to raise minimum wage to $13.02

The Johnson County Board of Supervisors has approved an increase to the county’s recommended minimum wage, raising it to $13.02 per hour starting July 1, 2025. The adjustment follows Consumer Price Index data to reflect inflation. “Though the wage increase…

Villamil: Debt ceiling crisis could lead to economic ‘tailspin’

Anne Villamil is nothing if not frank, and her assessment of the federal government’s debt…

Anne Villamil University of Iowa

Drought a growing problem for farmers, businesses

When considering the most complex concerns demanding headlines in 2022, Tom Heinold of the US…

Economist: Housing will help U.S. economy recover from hard landing

Rising interest rates and inflation are likely to lead to a declared, though mild recession,…

GreenState Credit Union lays off 42 employees

GreenState Credit Union is reducing its workforce by cutting 42 jobs, effective immediately. The 42…

Will we relive the stagflation of the 1970s?

The world economy is facing slowing growth and rising inflation, raising concerns of a return…

Goldman Sachs survey: Small business facing unprecedented challenges

Ahead of the largest gathering of small business owners in U.S. history – Goldman Sachs…

Fed Chicago president: Inflation ‘clearly too high’

Aggressive action is needed to bring surging inflation under control, and that action will likely…

Fed Chicago chairman Charles Evans

Index: Inflation continues to be small businesses’ No. 1 problem

The NFIB Optimism Index fell 0.1 points in May to 93.1, marking the fifth consecutive…

NFIB Optimism Index graph

Commercial real estate market expected to grow despite rising interest rates

While rising interest rates are posing a risk to economic growth, Lawrence Yun, chief economist…

Building materials

Conference Board: Higher inflation to persist into 2023

Inflation has skyrocketed over the past year, hitting 7% by the end of 2021. A…

Wage-price spiral fears to dictate Fed’s policymaking, says UI professor

One University of Iowa professor expects the Federal Reserve will raise interest rates and ensure…

Conference Board: Higher inflation to persist into 2023

Inflation has skyrocketed over the past year, hitting 7% by the end of 2021, and…

Small businesses on the brink: New survey data shows Omicron hurting Main Street

Small business owners are being pushed to the brink with an unprecedented set of challenges…

Housing experts predict interest rate hikes, home price growth in 2022

Expect slower housing price appreciation, easing inflation and rising interest rates in 2022, according to…

Home sales

Economist: Holiday retail sales could increase by 10% in Iowa

Retailers are going to see a significant increase in sales this holiday season, says Creighton…