A stronger-than-expected August jobs report on Friday reinforced Dallas Federal Reserve President Robert Kaplan’s belief that there needs to be three to four interest rate hikes over the next 12 months to maintain steady economic growth. “That tells me that over the next nine to 12 months, we ought to be raising the Fed fund […]
‘Strong’ jobs report reinforces future rate hikes: Dallas Fed’s Kaplan Read More »
A survey commissioned by LendEDU revealed 67.6 percent of small business owners are supportive of recent minimum wage hikes. This despite the cost they will have to incur because of the new laws. High Support for Minimum Wage Increases To date, a total of 18 cities and states have increased the minimum wage. The support
Businesses have already started to see some major changes in the new year, including minimum wage hikes that have taken effect in 18 states. But a new report suggests that wages were already rising in small businesses around the country, although job growth took a bit of a hit in December. These are just a
New Minimum Wage Hikes, Slowing Job Growth Rates Make Small Biz Headlines Read More »
