Economic Trends & Market Updates
-
How U.S.-Canada Tariffs and Rising Energy Costs Are Affecting Small Businesses
Businesses operating from coast to coast in the United States and Canada are now dealing with increased trading costs, decreased demand, and rising energy costs. The new tariffs imposed by both countries have made some of the cross-border business dealings expensive, while the high oil prices are adding fuel to transportation, manufacturing, and operational costs.…
-
Diesel Prices Reach Record Levels as Higher Oil Costs Raise Inflation Concerns
In the United States, the price of diesel has gone up to its all-time high, contributing to concerns regarding increasing costs in transport, manufacturing, agriculture, and consumer expenses. The rise is due to the recent tension between the United States and Iran that has driven the price of crude oil past $100 per barrel. According…
-
Labor Union Membership Is Growing, but State Policies Shape the Trend
Labor unions are increasing their membership numbers in the United States, although the rate of increase differs greatly by state. Recent studies reveal that the labor policy of the states, especially those related to collective bargaining laws, have an impact on the rate at which union membership grows. According to a study carried out by…
-
How Businesses Can Manage Finance, Investment and Growth
Business expansion is not simply a matter of increasing sales volume. Even when a firm is enjoying great sales numbers, it may suffer financial instability problems because it has poor cash flows, is making bad investments without having objectives, and is experiencing increasing operating costs more rapidly than income. Good business finance management offers the…
-
Your Ultimate Blueprint for Financial Planning Wealth and Long-Term Growth
Effective money management goes beyond merely saving money and making investments. Financial and investment planning entails having knowledge about one’s earnings, spending habits, savings, debts and financial objectives before anything else. If all this knowledge is acquired, investing becomes an effective way to achieve long-term growth and financial stability. Investing and personal finance are interconnected…