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News
US national debt passes $40 trillion milestone
3+ week, 3+ day ago (20+ words) The $40 trillion plateau was reached just five months after the U.S. hit a then-record $39 trillion deficit in March....
Investing Upstream: How a Small Loan Can Prevent a Family’s Housing Crisis
3+ week, 4+ day ago (502+ words) Through the GoATL Community Capacity Fund, the Community Foundation is helping expand an innovative eviction prevention model in metro Atlanta. For many families, eviction doesn’t begin with years of financial instability. It begins with an unexpected expense. A car repair....
How small manufacturers can tap SBA resources to fuel growth, innovation
1+ mon, 3+ hour ago (254+ words) Winton Machine Company, a Metro Atlanta-based manufacturer, has spent nearly three decades designing and building factory automation equipment for customers across industries ranging from aerospace and HVAC to medical, construction and defense. The company employs between 35 and 40 people and ships…...
Small business optimism remains resilient as entrepreneurs turn to AI to beat inflation
1+ mon, 1+ week ago (344+ words) Small business owners continue to display remarkable grit in the face of ongoing economic headwinds, according to the latest U.S. Chamber of Commerce Small Business Index. Despite persistent inflation, high input costs, and global market uncertainty, entrepreneurs are maintaining steady confidence…...
U.S. unemployment claims fall as layoffs remain historically low
2+ mon, 4+ day ago (343+ words) New unemployment filings dipped last week, while employers continue to take a cautious approach to hiring amid economic uncertainty. The number of Americans filing for unemployment benefits declined slightly last week, signaling that layoffs remain historically low despite a slower…...
Rental rankings: Atlanta is 46th for quality, 107th for space
2+ mon, 4+ day ago (440+ words) ATLANTA - A new report by RentCafe reveals that a monthly budget of $1,500 gives you much less apartment space in Atlanta than in other cities nearby, but a WalletHub report shows the city still outpaces its in-state peers for overall rental…...
Inflation topped 4% in May, but the worst may be over
2+ mon, 1+ week ago (25+ words) High gas prices push annual inflation to a 3-year high, according to May data. Fed policymakers signal patience on rate cuts amid sticky inflation....
Nearly 9 in 10 Georgia Homeowners Overpay Their Mortgage
2+ mon, 1+ week ago (339+ words) Nearly nine in ten Georgia homebuyers are shelling out more for their mortgages than they have to, according to new research from Bankrate. That extra cost adds roughly $3,300 a year to the typical household’s housing tab and about $78,000 over the…...
Atlanta Fed's GDPNow revised down to 2.5% growth in Q2 (DXY:)
2+ mon, 2+ week ago (68+ words) Atlanta Fed GDPNow cuts Q2 U.S. GDP estimate to 2.5% from 3.1% as durable goods and income data shift outlook. Jutharat Pinpan/iStock via Getty Images The Atlanta Fed's GDPNow model now estimates Q2 U.S. GDP growth at 2.5% on Thursday vs. its prior estimate of 3.1%, after…...
Former Fed Chair Alan Greenspan dies at 100
2+ mon, 3+ week ago (165+ words) “He was a giant of a man who helped shape the U.S. economy for decades under presidents of both parties, but was always honest in acknowledging his mistakes,” Greenspan's wife, Andrea Mitchell, wrote in a statement, announcing his death at…...