Morning Jolt: Inflation Is on the Move

On the menu today: Just how bad is the inflation crisis? Right now, America's small businesses are as pessimistic about economic conditions in the U.S. in the coming year as they were at the start of the Covid-19 pandemic; the North American Electric Reliability Corporation warns that if you live west of the Mississippi River, you're at high or elevated risk for blackouts this summer; Shanghai residents might be allowed to leave their apartments this week; tech giant Apple reconsiders its relationship with China; and just what is President Biden being told about monkeypox in his briefings?

Trading Crises

The Wall Street Journal wrote this morning:

Fifty-seven percent of small-business owners expect economic conditions in the U.S. to worsen in the next year, up from 42 percent in April and equal to the all-time low recorded in April 2020, according to a survey of more than 600 small businesses conducted in May for The Wall Street Journal by Vistage ...

TODAY'S MORNING JOLT WITH JIM GERAGHTY IS PRESENTED BY

WITH JIM GERAGHTY May 23 2022 WITH JIM GERAGHTY May 23 2022 Inflation Is on the Move On the menu today: Just how bad is the inflation crisis? Right now, America's small businesses are as pessimistic about economic conditions in the U.S. in the coming year as they were at the start of the Covid-19 pandemic; the North American Electric Reliability Corporation warns that if you live west of the Mississippi River, you're at high or elevated risk for blackouts this summer; Shanghai residents might be allowed to leave their apartments this week; tech giant Apple reconsiders its relationship with China; and just what is President Biden being told about monkeypox in his briefings? Trading Crises The Wall Street Journal wrote this morning: Fifty-seven percent of small-business owners expect economic conditions in the U.S. to worsen in the next year, up from 42 percent in April and equal to the all-time low recorded in April 2020, according to a survey of more than 600 small businesses conducted in May for The Wall Street Journal by Vistage ...   READ MORE

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