American homeowners are feeling the pain as mortgage rates continue to creep higher, especially compared to the rock-bottom rates of the pandemic era. The Federal Reserve appears determined to...
China’s Economy Plummets as Lockdowns Continue
China’s economy is in distress as it faces the consequences of its zero COVID-19 policy. Major industrial cities within China, primarily Shanghai and Beijing, have been in partial or complete...
Labor Market Shows Signs of Cracking
ZeroHedge economists reported on Thursday that after the Federal Reserve's announcement that GDP shrank in Q1, the U.S. Labor Force was the last "pillar" holding up the U.S. Economy. Unfortunately,...
April Inflation: What You Need to Know
April brought the first drop in inflation in eight months. April’s consumer price index fell 0.2% to an annual rate of 8.3% versus March’s yearly rate of 8.5%. Annual inflation rates compare the...
Abbott Declares Economic Development Week
Governor Greg Abbott has declared the week of May 9 through 13 to be Economic Development Week for 2022. The designation is intended to help bring attention to the state's continued leadership in...
Trucker Demand Slowdown Could Indicate Looming Recession
The trucker demand that soared during the pandemic has been on a sharp decline since the beginning of March, and analysts believe that drop could indicate an economic recession. An article published...
Economists Place Odds of Recession Over 30%
The economy has been in turmoil so far in 2022, with inflation soaring to multi-decade highs and interest rates headed higher. As consumers look for signs that the worst is over, Wall Street...
By Tanya Grant | Apr 21, 2022
Stagflation Fears on the Rise
Economists warn that fears of stagflation are on the rise. Bloomberg reports that stagflation expectations have grown 66%, the highest expectation since 2008. Stagflation is usually defined as a...
Looming Recession Has Federal Reserve Against Wall
The American economy shows strong signs that a recession is on the horizon. Research done by Phoenix Capital suggests the recession could hit in as little as six months. The bond market is sparking...
Is the Bear Market Rally Over?
In his Weekly Warm-up to investors, Morgan Stanley's chief U.S. equity strategist, Mike Wilson, recently declared that "the bear market rally is over." Wilson explained his negative outlook by...
Yield Curve Inverts in Ominous Sign
The economic signs are pointing toward a possible recession — again. The yield on the 2-year Treasury note surpassed that of the 10-year note, creating what is known as an inverted yield curve....
By Tanya Grant | Apr 5, 2022
Rising Gas Prices Lead to a Growing Desire for Electric Cars
Last year, gas prices were well under $2 a gallon in most areas. The United States has reached historic fuel prices, with the national average of gasoline hovering around $4.32 a gallon and diesel...
Prices in Texas Trend Upward as Inflation Grows Nationwide
The price of essential goods and services has been trending upward nationally, and that trend has made its way to Texas. Per the Bureau of Labor Statistics (BLS), the Dallas-Fort Worth...
By Jose Nino | Jan 5, 2022
Update on Food Inflation and What May Come for 2022
Retailers and manufacturers feel the pressure when it comes to the cost to get food on the shelves of grocery stores. Trying to cut costs anywhere they can and dealing with the shortage of...
By Tracy Moseley | Jan 1, 2022
Study: Dallas County Ranks Best for Small Business Owners
In a study conducted by the personal finance website Smart Asset, Dallas County is ranked as the No. 1 place in Texas for small business owners and ranks as No. 4 nationally. The website bases its...
