Lowe’s to give $2.5M to small businesses hammered by Hurricane Helene
14 Nov

Lowe’s to give $2.5M to small businesses hammered by Hurricane Helene

Small business
​ Lowe’s plans to provide millions in financial support to small businesses in North Carolina that were hit hard by Hurricane Helene, helping them recover during the holiday season after federal relief temporarily dried up. The $2.5 million fund will provide grants directly to small businesses in the state. It will also provide support to local business development organizations in advancing their work to help businesses navigate disaster relief aid. The fund is part of the company's $12 million pledge to support relief and recovery efforts in the wake of Helene and Hurricane Milton. The home improvement retailer is headquartered…
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Will October’s inflation rise delay interest rate cuts in the economy
14 Nov

Will October’s inflation rise delay interest rate cuts in the economy

Personal Finance
Inflation rose to 2.6% in October, up from 2.4% in September, driven primarily by increased housing costs. Food prices also saw a 0.2% rise, while energy prices remained stable. The Federal Reserve recently cut interest rates to between 4.5% and 4.75%, but ongoing inflation may affect future rate decisions. Experts anticipate strong retail sales during the holiday season, despite lingering inflation pressures on consumers. Challenges remain in achieving the Fed's 2% inflation target.  --------------------------- ​ Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) released by the Bureau of Labor…
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