This rate hike was the sixth increase this year, and based on Fed chairman Jerome Powell’s comments following the November meeting, this interest rate rocket ship will continue to gain altitude.
Inflation Report Signals a Smaller Rate Increase Likely In December
Experts say the Fed is looking for signs of weakness in the economy before deciding interest rates have been raised sufficiently to curb inflation. Some signs are available now, says Vince Malanga, LaSalle Economics.
Amazon Settles for Nearly $5 Million in California Pesticide Case
Violations included Amazon selling unregistered pesticides in California, failing to report and pay required mill assessment fees, and failing to hold a valid pesticide broker’s license.
A Possible Rail Strike is Quickly Approaching Unless Congress Steps In
Harvest is nearing the finish line, but as corn continues to pile up, there are renewed concerns about what a possible rail strike could mean for the grain industry, as well as fertilizer needs this fall.
