Published by Nikki Palmer on Tue, 01/03/2023 - 4:00am
The rate at which Americans are saving money has dipped close to an all-time low, according to the Bureau of Economic Analysis. The personal savings rate was 2.3% as of October, down from 7.3% a year earlier. It’s the lowest since July 2005, when the rate hit a record low of 2.1%.
Published by Nikki Palmer on Tue, 01/03/2023 - 2:00am
More than 1 in 4 retirees say they're spending more than they can afford, according to an October 2022 survey by the Employee Benefit Research Institute. With inflation at 7.1% in November, it's not surprising that savings aren't going as far as they used to. But there are ways to bring in extra income without taking on a full-time job.
Published by Nikki Palmer on Tue, 12/27/2022 - 5:00am
NE Chamber President Bryan Slone announced the formation of Tech Nebraska, a new, statewide organization to cultivate Nebraska’s tech community and drive collaboration, growth and policy.
Published by Nikki Palmer on Tue, 12/20/2022 - 4:00am
Elon Musk’s acquisition of Twitter has been rocky, to say the least. Since taking over the company on Oct. 28, Musk has made a number of changes to the platform, resulting in widespread chaos and turmoil within the company.
Published by Nikki Palmer on Tue, 12/13/2022 - 5:00am
The Nebraska economy is expected to contract during 2023 before returning to growth in 2024 and 2025, according to the new forecast from the University of Nebraska–Lincoln’s Bureau of Business Research and the Nebraska Business Forecast Council.
Published by Nikki Palmer on Tue, 12/13/2022 - 4:00am
WASHINGTON (AP) — Wholesale prices in the United States rose 7.4% in November from a year earlier, a fifth straight slowdown and a hopeful sign that inflation pressures across the economy are continuing to cool.
Published by Nikki Palmer on Tue, 12/06/2022 - 3:00am
OMAHA — For the first time in 30 months, an index used by Creighton University to gauge the economic health of a nine-state region including Nebraska has dropped below growth neutral.
That sends up “flashing recession warnings” for the first half of 2023, said Ernie Goss, director of Creighton’s economic forecasting group.