As Inflation Hits Small Businesses, Here’s How They’re Reacting

As Inflation Hits Small Businesses, Here’s How They’re Reacting

Hopkinsville Brewing Company co-owner Kate Russell, pictured to the right of co-owner Joey Medeiros, said the company had to raise prices due to inflation. Mary Katherine Russel Small business owners have had a tough few years. First, the Covid-19 pandemic has caused many revenue losses. Now they face higher costs as inflation rises. The consumer … Read more

China to ban minors from tipping live streamers after 10 p.m.

China to ban minors from tipping live streamers after 10 p.m.

Beauty blogger Austin Li Jiaqi speaks with a dog on her lap during a live broadcast on Taobao e-commerce platform on October 26, 2018 in Shanghai, China. Li, 27, nicknamed “Lipstick Brother”, is China’s hottest online beauty blogger. CGV | Getty Images China’s broadcasting regulator on Saturday introduced new rules that ban minors under the … Read more

Why has the Dow plunged more than 1000 points? Should I wait for stocks to go down? Here’s what some pros think.

Why has the Dow plunged more than 1000 points?  Should I wait for stocks to go down?  Here’s what some pros think.

What a difference a day makes. Fresh off the top earning percentage for the Dow Jones Industrial Average DJIA, -0.30% since November 9, 2020, the blue chip index has been battered, along with the rest of the stock market, including the S&P 500 SPX, -0.57% and the Nasdaq Composite COMP, -1.40%. Even US Treasuries were … Read more

There’s ‘no way’ China will hit its 5.5% growth target: Stephen Roach

There’s ‘no way’ China will hit its 5.5% growth target: Stephen Roach

China faces ‘enormous risk’ and at the moment is unlikely to meet its economic growth target for the year, according to economist Stephen Roach, who has long been a bull on the giant. Asian. “I’m a congenital bull on China,” Roach told CNBC’s “Squawk Box Asia” on Friday. “That’s not the case for me now.” … Read more