In early May, the Federal Reserve raised the Federal Funds Rate (FFR) by 0.25% or 25 basis points over the March 16, 2022 increase. That might not look like much, but this increase sends ripples through the national economy. The FFR affects interest rates on loans,...
The global and national economies have seen major hits in the past few years. We’re still dealing with the fallout from the pandemic, with the potential for new waves of infections looming. More recently, geopolitical events in Ukraine and Russia are playing havoc...
All of us want our business to sail the seas of success. The journey, however, can be choppy and challenging. For some, it’s finding qualified staff. For others, it might be outpacing the competition. But when your business is struggling to stay afloat financially, it...
One of the challenges businesses and consumers have had during the past couple of years has to do with product distribution and logistics as manufacturers and retailers move products through the market. The shuttering of local businesses and increasing time at home...
It may seem as if everything these days is owned by large corporations. We hear about massive conglomerates like PepsiCo and Unilever, which own hundreds of brands. Many small businesses have been at a disadvantage over the past few years. But you might be surprised...
Taking on a commercial construction project is no small feat. In addition to the labor and materials that go into every stage of construction, there’s a lot that has to happen even before the first brick is laid. A vital piece for your project to make it from concept...
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