May 11, 2021

Place

St. Joseph recognized as good place to start a small business | Business

A recent report ranks St. Joseph 17th as one of “The Best Small Cities to Start a Small Business.”

“I think to be ranked in the top 20 across the U.S. for places to start small businesses is an incredible attribute for St. Joseph,” said Natalie Redmond, vice president of membership for the St. Joseph Chamber of Commerce, of the report conducted by Go.Verizon.com. “If you looked at some of the comments from the folks who did the ranking, they said things like, ‘These cities in the top 20 should be an inspiration for other cities across the country

Read More

TikTok Is the Place To Go for Financial Advice If You’re a Young Adult

TikTok is the place to go for new dances, viral taco recipes—and, now, financial advice.

The big benefit of TikTok is that it allows users to dole out and obtain information in short, easily digestible video bites, also called TikToks. And that can make unfamiliar, complex topics, such as those related to personal finance and investing, more palatable to a younger audience.

But can TikTok users, many of whom are in their teens, 20s or early 30s, trust the financial advice that is increasingly being offered on the social-media platform?

That advice runs the gamut, from general information about home

Read More

Harris to place “personal stamp” on National Space Council

Updated 1:55 p.m. Eastern with Nelson statement.

WASHINGTON — Vice President Kamala Harris will put her “personal stamp” on the National Space Council as it takes on both existing and new priorities under the Biden administration.

Senior administration officials, speaking on background in a call with reporters May 1, confirmed that the administration will retain the National Space Council, an interagency body used to coordinate space policy across the federal government. The vice president chairs the council by statute.

The White House announced March 29 that the council, revived by the Trump administration in 2017 after a hiatus of almost

Read More

World’s Most Cashless Place Takes Next Step Toward Digital Money

Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here

The central bank of Norway, where old-fashioned cash is now used less than anywhere else in the world, says it’s time to take the next step in exploring the introduction of a digital currency.

Norges Bank Governor Oystein Olsen, who in the past has seemed less enthusiastic about central bank digital currencies than his peers, says the case for looking into their feasibility now “has been strengthened.” The bank plans to spend the next two

Read More

Fed Officials Saw Easy-Money Policies Remaining in Place

Federal Reserve officials agreed at their most recent policy meeting that they would need to hold interest rates very low and continue central bank bond purchases to help spur the economy’s recovery from the effects of the coronavirus pandemic.

Most of them thought that the $900 billion federal stimulus package approved in December, the likelihood of more fiscal support and continued distribution of Covid-19 vaccines “would lead to a sizable boost in economic activity” this year, according to minutes of the Fed’s Jan. 26-27 meeting.

Still, they noted “the pandemic continued to pose considerable risks to the economic outlook” and

Read More