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News
Pa. farms face crop losses, higher fuel costs this fall – NBC10 Philadelphia
9+ hour, 26+ min ago (569+ words) An unusual spring freeze as well as rising gas prices are having an impact on local farms ahead of Autumn. NBC10’s Andrew Rowan explains how farmers are dealing with it while still finding ways to uphold fall traditions. Pennsylvania farmers…...
IMF???s austerity advice
8+ hour, 59+ min ago (203+ words) IMF’s austerity advice Business Recorder This is apropos a news item titled ‘Oxfam says IMF pushed for larger austerity cuts in borrowing countries’ carried by this newspaper recently; according to which, the IMF has pushed borrowing countries to make bigger…...
Are we in for another GFC? Will interest rates soar? Is Hanson crazy? I asked this economist
11+ hour, 36+ min ago (726+ words) September 13, 2026 — 5:00am Richard Yetsenga is the chief economist of the ANZ Bank. He refuses to be alarmist about the global economy, but he does sound one big alarm. I spoke to him this week. Fitz: Richard, I know you as my…...
U.S. diesel prices are now 60% higher than they were before the Iran war, with one Trump voter paying twice as much to fuel his farm equipment
7+ hour, 9+ min ago (412+ words) The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation’s largest commodities, soybeans and corn. The spike adds to an already tough year…...
How Dollar Tree (Accidentally) Killed Family Dollar
7+ hour, 4+ min ago (342+ words) Dollar Tree spent $8.5 billion to acquire Family Dollar — and then sold it off for $1 billion just a decade later. Fortune called it an "albatross." CNN called it "disastrous." But here's the twist: Dollar Tree's stock climbed 64% in 2025, with sales topping…...
National's $300k First Home Loan cap could lift prices
8+ hour, 56+ min ago (272+ words) National has announced it will scrap the current First Home Loan income limits and replace them with a single $300,000 cap for every applicant, whether single, coupled or buying in a group. The existing thresholds, $95,000 for a single person and $150,000 for…...
US hiring bounces back in August; gas prices, home ownership costs climb
1+ day, 12+ hour ago (703+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...
The U.S. economy is better than it looks - but it might be due for a slowdown
2+ week, 3+ day ago (590+ words) Consumer spending soared in the second quarter. A repeat is unlikely. A boom in data-center construction across the country has fueled U.S. economic growth. Don't pay much attention to a seemingly soft 1.5% annual rate of growth for the U.S. economy in the…...
Bill Dudley Expects Fed to Raise Rate by 25 Bps
1+ day, 5+ hour ago (47+ words) Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, says he would be shocked if the Federal Reserve did not raise interest rates by 25 basis points at their next meeting. He speaks…...
Stubbornly Hot Inflation Raises Pressure on the Fed
1+ day, 5+ hour ago (78+ words) Prices in the U.S. economy kept rising in August, according to government data released Friday, ratcheting up the affordability squeeze on American consumers while raising pressure on the Federal Reserve to increase interest rates at its meeting next week. The consumer…...