Wholesale inventories surge unexpectedly, raising economic concerns

Here’s what parents seeking the $1,000 seed money for their child need to know.

Smokey John’s has been serving barbecue in Dallas, Texas, since 1976. It was already losing money when a devastating fire destroyed the entire restaurant in 2017. So, brothers Brent and Juan Reaves had to rebuild it from scratch. Their bet paid off. Today, Smokey John’s makes nearly $4 million in annual revenue and goes through…

Financial advisors’ views on the health of the economy and the stock market remained steady in August. Many have a positive view of the current climate, but that perspective dims when looking ahead over the next several months. Confidence in the economy overall dropped slightly in the month, from an index reading of 105 to…

Increasingly sophisticated vehicles are forcing repair shops to spend more on computers, software and calibration equipment — costs that mechanics say are reaching consumers. Auto mechanic Ralph Czeisler in Brooklyn, New York, said the rapid pace of technological change is forcing him to invest more time and money just to perform even basic repairs, and…

The buzzword this year was ‘layoffs’, which was on everyone’s lips. According to data by Trueup, more than 1.8 lakh people lost their jobs in 2026 so far, which comes to around 722 people per day. 2026 has been one of the roughest years for salaried jobs in recent memory, and the timing matches the…

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