US Economy News Today: Small Business Optimism Jumps for First Time in 2024

US Economy News Today: Small Business Optimism Jumps for First Time in 2024

US Economy News Today: Small Business Optimism Jumps for First Time in 2024

Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state of the U.S. economy and how that's likely to affect your finances. Here we compile data releases, economic reports, quotes from expert sources and anything else that helps explain economic issues and why they matter to you.

Today, wholesale prices gave insight into where inflation is headed and Federal Reserve Chair Jerome Powell reiterated his call for patience.

Author:

Taylor Tompkins

Post Date:

May 14, 2024

Read Length:

1

minutes

Investopedia

<< Back to Tech Blogs

Related Articles

September 1, 2024

Beige Book | August 2024

The August 2024 Beige Book has been published by the Federal Reserve, giving an overview of economic conditions around the country.

Beige Book | May 2024

The May 2024 Beige Book has been published by the Federal Reserve, giving an overview of economic conditions around the country.

IRS adjusts HSA amounts for 2025

IRS adjusts HSA amounts for 2025 - The Internal Revenue Service issued the annual inflation adjustments for health savings accounts in 2025 as prices continue to rise, albeit at a slower pace.

Small Business Week 2024: How Small Businesses Impact Our Economy

Every year since 1963, U.S. presidents have issued a Small Business Week proclamation to recognize the contributions of entrepreneurs and small business owners. The theme of Small Business Week 2024, “Building on the Small Business Boom.”

Inflation Worse Than Expected In March, Fed’s Preferred Metric Shows

Inflation was hotter than expected last month and remains well above the Federal Reserve’s 2% target, according to government data released Friday, as eagerly awaited interest rate cuts seem to be increasingly less likely in the future.

U.S. small-business confidence increased in April and the share of owners planning to raise prices was the smallest in a year, but persistent labor shortages continued to exert cost pressures for owners, a survey showed on Tuesday.