by Phelps Admin | Jan 30, 2025 | David Phelps
Minutes from the U.S. central bank’s latest meeting described the December rate cut as “finely balanced,” and some participants suggested keeping rates higher to continue fighting inflation. Officials claim inflation is now sticky, citing President Trump’s proposed...
by Phelps Admin | Jan 28, 2025 | David Phelps
As we head into 2025 with a clean slate and renewed optimism, it’s critical to ensure your business is running on all cylinders, and that means ensuring you have adequate funding in place. But at the same time, it’s also critical to understand the state of the economy...
by Phelps Admin | Jan 17, 2025 | David Phelps
Since the election this past November, I’ve been closely watching for both big changes in our economy as well as the more subtle but often more impactful changes. The uncertainty that gripped the nation is slowly starting to lift, but what comes next is hardly...
by Phelps Admin | Jan 7, 2025 | David Phelps, Uncategorized
While there is some merit to the fact that many younger employees often have unrealistic expectations regarding salary—especially starting salary, the truth is that wages need to increase if we expect the economy to work for everyone. It’s pretty simple. If people...
by Phelps Admin | Jan 2, 2025 | Press
It’s difficult to find a job, and even more difficult to find one that pays well enough to afford today’s rising cost of living. Wages haven’t moved much, and when adjusted for inflation, they’re barely up more than 4% while inflation has driven prices of everything...
