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Business and Economic News

Inflation still a top issue as campaign moves to final week

Inflation still a top issue as campaign moves to final week

As the 2022 campaign enters its final week, the top issue — the economy and inflation —seems to favor Republicans. Frustration over rising prices tends to focus on the party that holds the White House, even though a president has little control over rising prices.
by Mark Zdechlik

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How Biden changed his tune on inflation as prices soared and the midterms loomed

How Biden changed his tune on inflation as prices soared and the midterms loomed

At first, the White House said inflation would be a temporary issue. But it quickly became the top economic priority — and major source of midterm political pain — for President Biden.
by Asma Khalid

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Women leaders switching jobs at record rates, demand better from workplaces

Women leaders switching jobs at record rates, demand better from workplaces

Women leaders — already in short supply — are leaving their companies at rates not seen in years, a new report says. For every woman at the director level who gets promoted, two women directors leave.
by Rachel Treisman

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U.S. economy returned to growth last quarter, expanding 2.6 percent

U.S. economy returned to growth last quarter, expanding 2.6 percent

The U.S. economy grew at a 2.6 percent annual rate from July through September, snapping two straight quarters of economic contraction and overcoming punishingly high inflation and interest rates.
by The Associated Press

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USDA announces $759M for high-speed internet in rural areas

USDA announces $759M for high-speed internet in rural areas

The U.S. Department of Agriculture is announcing $759 million in grants and loans to enable rural communities to access high-speed internet. It's part of the broader $65 billion push for high-speed connectivity from last year’s infrastructure law.
by The Associated Press

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Landmark power plant in western Minnesota to be imploded

Landmark power plant in western Minnesota to be imploded

A long-shuttered power plant in western Minnesota will be imploded Thursday, ending nearly a century as a landmark in the region.
by Andrew Krueger

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