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St. Louis is in a real estate "death spiral." Can it get out?

As St. Louis residents highlighted safety concerns, many moved out of downtown areas. Then the restaurants and retailers did too.
A view of buildings in downtown St. Louis.
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America's CEOs are feeling good, KPMG survey finds

And 72% of CEOs surveyed anticipate modest or significantly increased hiring in the next year.
72% of CEOs surveyed anticipate modest or significantly increased hiring in the next year, according to a new KPMG survey.
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Execs across political spectrum say DEI is critical for business, survey finds

It's 75% of self-described conservative executives, 77% of moderates and 89% of liberals who are in consensus on DEI.
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What do rising corporate bankruptcies say about the economy?

Sep 8, 2023
Some bankruptcies reflect fallout from the financial crisis more than a decade ago.
Corporate bankruptcies have been on the rise for more than a year. Retail chain Christmas Tree Shops, above, filed for bankruptcy in May.
Alex Wong/Getty Images

The Federal Reserve could help instant payments catch on

Aug 2, 2023
Many small banks have been hesitant to offer instant payments, even though they’ve been available for years. But the central bank’s FedNow service could cause more banks to give instant payments a try.
A couple of weeks ago, the Federal Reserve launched FedNow, a new payment service that allows people to send and receive money instantly.
Daniel Slim/AFP via Getty Images

High interest rates are risky business

Jul 26, 2023
Higher interest rates hit businesses in multiple ways. The longer rates remain elevated, the harder it gets.
Corporate borrowers' interest payments have jumped, says Nick Kraemer at S&P Global Ratings.
Peter Dazeley/Getty Images

GDP growth in the U.S. was sluggish last quarter

Apr 27, 2023
Inflation was up and inventories down, but consumer spending kept GDP growing — albeit at a slower pace.
Consumers are still buying things, but "inflation wears you down," warns Morning Consult's John Leer.
Spencer Platt/Getty Images

For public good, not for profit.

Pandemic darlings try to get past "the party's over"

Jul 20, 2022
Peloton, Netflix and others have to predict how their customers will behave. But amid pandemic disruption, it's an uphill battle.
Business has declined at some companies that flourished during COVID-19 lockdowns, like Netflix.
Chris Delmas/AFP via Getty Images

Biden asks federal agencies to gauge financial risk of climate change. Many businesses are already there.

May 21, 2021
The federal government is likely to start by following major businesses' lead, one analyst told us.
President Biden told federal agencies to report back on steps they’re taking to regulate the financial risk of climate change.
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