profits

As inflation soars, major corporations are posting record profits. But small businesses are feeling the squeeze
Business

As inflation soars, major corporations are posting record profits. But small businesses are feeling the squeeze

With prices on the rise, Mindy Godding’s small business Abundance Organizing held a team meeting. Employees of the Richmond, Virginia-based company, which helps people declutter or downsize and unpacks after home renovations and moves, were feeling the strain of soaring costs. Paying for gas just to get to clients’ homes – sometimes as far as […]

Read More
Share the profits! Why US businesses must return to rewarding workers properly | Robert Reich
Business

Share the profits! Why US businesses must return to rewarding workers properly | Robert Reich

According to this week’s release from the commerce department, the US economy has been growing at its fastest pace in almost 40 years. Corporate profits are their highest in 70 years. And the stock market, although gyrating wildly of late, is still scoring record gains. So why do most Americans remain gloomy about the economy? […]

Read More