Inflation soars again in June, PCE shows, as shortages plague the U.S. economy

Inflation soars again in June, PCE shows, as shortages plague the U.S. economy

The numbers: Inflation in the U.S. rose sharply again in June and the increase over the past year remained at a 13-year high, raising the cost of living for consumers and casting a shadow over a strong economic recovery. The so-called PCE price index rose a sharp 0.5% in June, government figures show. It was

New Study Shows True Impact Of Credit Scores On Mortgage Rates

New Study Shows True Impact Of Credit Scores On Mortgage Rates

As buyers prepare to make a purchase, one of the first things they seek to improve is their credit score in the hopes they’ll receive a favorable mortgage rate. However, digital mortgage marketplace OwnUp’s latest study published on Thursday revealed a great score doesn’t guarantee a low rate. “When you’re applying for a mortgage, if

COVID-19 shows need to close financial inclusion gender gap

COVID-19 shows need to close financial inclusion gender gap

In many parts of the world, women have had less access to financial services than men for years. The COVID-19 pandemic has exacerbated the challenge. At the onset of the pandemic, more women than men lost jobs. Sectors that absorb women workers such as tourism and personal services were hardest hit. In 2019, women accounted

GE shows 3D printing potential by switching four casted parts

GE shows 3D printing potential by switching four casted parts

GE Aviation is switching from investment casting to 3D printing for four bleed air parts from a land/marine turbine, despite already having a paid-for casting mould. This decision was made based on cost and time to market. A collaboration between GE Aviation and GE Additive is proving that metal additive manufacturing can go toe-to-toe with

Economic issues dominate as top issue for voters, new poll shows

Economic issues dominate as top issue for voters, new poll shows

July 5, 2022, 6:59 PM UTC By Ben Kamisar A majority of American adults say economic issues are the biggest concern facing their family right now, according to a new Monmouth University poll, which also found that few believe the country is on the right track. Sixty-three percent say either inflation, gas prices, the economy

Asia-Pacific Organizations Are Most Receptive to Smart Manufacturing Usage Globally, 2022 State of Smart Manufacturing Report Shows

Asia-Pacific Organizations Are Most Receptive to Smart Manufacturing Usage Globally, 2022 State of Smart Manufacturing Report Shows

Nine in ten Asia-Pacific organizations believe smart manufacturing is key to their business’ future success, The State of Smart Manufacturing Report reveals SINGAPORE, July 7, 2022 /PRNewswire/ — Plex Systems, a Rockwell Automation company and the leader in cloud-delivered smart manufacturing solutions, has announced the results of its 7th annual study, “The State of Smart