Bitcoin has fallen sharply in recent weeks to around $61,000 (more than 50% below its record high above $126,000 set last year). The decline marks the worst stretch for the cryptocurrency since the collapse of FTX in 2022, when a major fraud scandal wiped out roughly...
The United States Strategic Petroleum Reserve, the country’s emergency stockpile of crude oil, is now below half of its authorized capacity and continues to be drawn down to help offset supply disruptions tied to the ongoing conflict in the Middle East. Market...
Small business owners across California are under serious financial pressure, with rising energy costs, high labor expenses, and a complex legal and regulatory environment cutting deeply into already thin margins. Energy bills have jumped 24%, and for industries like...
Dean Lyulkin and William Stern, Cardiff’s top leaders, recently shared their perspectives on the economic forces currently shaping business conditions across the country, from volatile oil markets to strained consumer budgets to the day-to-day realities facing...
Michigan’s tourism industry is heading into summer with a mix of cautious optimism and real concern. The state welcomed more than 131 million visitors in 2024, generating nearly $55 billion in economic impact and supporting over 350,000 jobs. But this year,...
Small business owners across California are facing a compounding set of pressures that are testing the limits of what even resilient operators can absorb. Labor costs in the state rank among the highest in the nation, and without a tip credit system, hospitality...
The way small businesses get loans is shifting fast, and the changes are hitting their bottom lines. A new federal report based on surveys from all 12 Federal Reserve Banks shows that small business owners are moving away from community banks and toward online lenders...
KB Home, a homebuilding giant with more than six decades of roots in Los Angeles, has announced it will relocate its corporate headquarters to Tempe, Arizona, in spring 2027. The company cited Arizona’s friendlier business environment as the key reason for the...
Rising fuel prices continue to put pressure on households across the country, as the conflict involving Iran disrupts energy markets and drives up pump prices. In response, President Trump announced plans to seek a suspension of the federal gasoline tax, a move...
Fort Wayne’s retail market continues to demonstrate resilience, according to a new report from The Zacher Co. The report found that more retail space is occupied than at any point in at least the past decade, with approximately 13.4 million square feet currently...
