Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received.
What used to be a bustling exit on I-80 in Iowa County now is studded with empty buildings since the Wasserbahn Waterpark Resort closed last month. County officials say new boutiques, restaurants and VRBO-style rentals in surrounding towns are picking up the slack.
In Iowa, the average gas price Thursday was $3.924, but topped $4 in many rural areas according to AAA. However, Iowa lawmakers say they’ve heard little talk of suspending state motor fuel taxes -- 30 cents a gallon state tax on gas and ethanol, and 32.5 on diesel fuel.
Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall.
Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.
From wage increases to changes in company culture, companies are competing for a limited pool of workers.
A new report from immigration advocacy groups shows high levels of unemployment among immigrant workers.
Dyersville has already seen more tourists ahead of Thursday’s MLB game, including a new generation of fans.
The Iowa State community could lose more than $100 million in economic output annually, according to a new report.
Iowa Republican gives July 2021 Squeal Award to federal Department of Transportation for spending on a “bottomless pit for taxpayer money.”
However, the 18.2 percent annual growth rate in state income tax revenue is “unusually high” when compared to individual income net tax growth that averaged 4.2 percent over the past two years.
The Marion-based facility expects July tournaments to result in $5 million in economic activity
The state unemployment rate increased for the third consecutive month as more Iowans rejoin the labor force.
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