‘Trucking winter’ expected amid poor economic conditions

Pevita Lena

Get ready for the “trucking winter.” KeyBanc’s Todd Fowler and Carney Blake, who are the group’s airfreight and logistics analysts, wrote in a Thursday note that freight activity has been “seasonally weak.”  There’s been “limited indication” of the typical peak season activity that carriers and shippers expect in the fall […]

Republicans need a better economic plan

Pevita Lena

Republicans hoping to seize control of Congress in the upcoming midterm elections have a juicy target: Inflation, which has gotten away from the Biden administration and is the nation’s biggest economic problem. But it’s hard to tell what Republicans would do better, except for the familiar GOP cure-all: cut taxes […]

Ray Dalio says UK’s economic plan suggests incompetence

Pevita Lena

Ray Dalio, founder of Bridgewater Associates LP, speaks during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, May 25, 2022. Bloomberg | Bloomberg | Getty Images The financial market turmoil resulting from the U.K. government’s spending plan “suggests incompetence,” according to […]

Ukraine military gains could deepen Russia’s economic problems

Pevita Lena

Russian President Vladimir Putin attends a meeting of heads of the Shanghai Cooperation Organization (SCO) member states at a summit in Samarkand, Uzbekistan September 16, 2022. Foreign Ministry Of Uzbekistan | via Reuters Ukraine’s counteroffensive, which has seen vast swathes of Russian-occupied territory get recaptured, could be compounding Russia’s economic […]

Rural Entrepreneurs Report Growing Economic Anxiety

Pevita Lena

Finding customers, cash flow and financing among top concerns WASHINGTON, Sept. 13, 2022 /PRNewswire/ — Rural small businesses face greater challenges to economic recovery and are less optimistic about the future compared to their non-rural counterparts, according to new survey data from SCORE, mentors to America’s small businesses. Visit the […]