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Fed Chicago chairman Charles Evans

Fed Chicago president: Inflation ‘clearly too high’

Aggressive action is needed to bring surging inflation under control, and that action will likely include a series of increases in the benchmark federal-funds...
NFIB Optimism Index graph

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 month below the 48-year average of 98. Owners expecting...
real estate

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 for the National Association of Realtors, expects the commercial...

Conference Board: Higher inflation to persist into 2023

Inflation has skyrocketed over the past year, hitting 7% by the end of 2021, and a variety of pressures, both temporary and persistent, are...

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 hurting their bottom line, according to new national survey...

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 a survey of more than 20 top U.S. economic...

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 University economist Dr. Ernie Goss. “This is going to be...

Urban Pie, Scoopski’s Uptown Creamery close amid Marion construction woes

It has already been a tough 19 months for small businesses in Uptown Marion needing to outlast a pandemic and the derecho. Unfortunately for...

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