There's A Rental Car Shortage In Store This Summer Travel Season
A global microchip shortage has impacted car production down in the U.S., which has led to a shortage of rental cars. Here's what that means on the cusp of the summer travel season.
Rental car firms face shortage as travel demand revs back up: Travel Weekly
As summer leisure travel ramps up, travel industry insiders predict the rental car shortage currently gripping the U.S. is likely to worsen before it gets better.
Food producers adapt after pandemic alters business models
As a producer that heavily supplies the food service industry, Swanson Pickle Co. Inc. had to make profound adjustments to its sales channels when the COVID-19 pandemic changed buying habits. As a producer that heavily supplies the food service industry, Swanson Pickle Co. Inc. had to make profound...
US jobless claims fall again as some states end federal aid
WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week — the latest encouraging sign for the rebounding U.S. economy — just as Republican-led states are moving to cut off a federal benefit for the jobless.
Bitcoin Is Plunging. What To Know About The Wild Ride In Cryptocurrencies
Weeks after setting a record high, the price for Bitcoin has fallen dramatically along with other cryptocurrencies over factors ranging from inflation to, yes, Elon Musk.
We provide explanations of basic and fundamental concepts on the definition of inflation, measurement of inflation, costs of inflation, the importance of measuring and controlling inflation, the role of the Federal Reserve in inflation, and other concepts such as price indexes, hyperinflation, trend and underlying inflation, measures of inflation like CPI, core CPI, median CPI, trimmed-mean CPI, PCE, core PCE, and trimmed-mean PCE.
Question of the Day: What’s the real value of $100 in each state? - Blog
Answer from Tax Foundation: Purchasing power (a.k.a. cost of living) becomes a critical consideration for students considering where they would like to live or even go to college. $100 will buy you a lot less if you attend college or live in New York City vs. rural Maine.
Budget surge: State estimates it has an extra $3.5 billion coming in
LANSING — Michigan's main funds will take in an estimated $3.5 billion more in taxes than previously forecast thanks to increased consumer spending of federal stimulus checks and other coronavirus relief funds, state officials said Friday.The surplus, spread over this fiscal year and next,…
A tale of 2 malls: Partridge Creek is in trouble, Village of Rochester Hills isn't. What's the difference?
A pair of open-air shopping centers not so far apart are facing different fates. The Mall at Partridge Creek in Clinton Township is looking down the barrel of receivership after its Miami Beach, Fla.-based owners defaulted on a $725 million mortgage, buckling under the weight of massive debt, the…
U.S. Commerce Secretary Gina Raimondo says using the Defense Production Act, a wartime power to set priorities for certain supplies, would be “a challenge.”
Amid COVID pandemic, country life lures metro Detroit homebuyers
Erika Smith and Bryan Taberski did what any city dweller might do when the coronavirus pandemic closed offices and remote work became the norm.They became examples of the shift in residential real estate as metro Detroiters looking for more space moved to areas with larger lots, bigger houses and a…
U.S. hiring takes big step back as businesses scramble for workers, raw materials
U.S. job growth unexpectedly slowed in April, likely curbed by shortages of workers and raw materials as rapidly improving public health and massive government aid fueled an economic boom.