But that surge in growth has come at a cost as inflationary pressures mounted due to labour shortages and disruptions to supply chains caused by the pandemic.
IHS Markit's final composite Purchasing Managers' Index (PMI), seen as a good gauge of economic health, jumped to 59.5 last month from May's 57.1, its highest level since June 2006.
BUSINESS BRIEFS: BUW grants $1M+ to local programs; The Pass celebrates anniversary; BMM sponsors
PITTSFIELD — Berkshire United Way (BUW) recently announced $1,116,000 in community grant investments to support 42 programs addressing issues related to early child development, youth development, and economic prosperity across Berkshire County.
The COVID-19 pandemic made it more challenging for organizations to support children and families, as basic needs like food, child care, and health services became a priority.
Local veteran business leader tapped to participate in USMCA pilot program | News | troyrecord.com
WATERVLIET, N.Y.
Kaseya VSA vulnerability opens a thousand-plus business doors to ransomware – Blocks and
VSA, the Virtual System/Server Administrator, is software used by Kaseya customers to monitor and manage their infrastructure. It is supplied either as a hosted cloud service by Kaseya, or via on-premises VSA servers. These SaaS VSA servers can be deployed by end-users or by MSPs.
Kaseya has been putting out regular updates about the attack and its ongoing response efforts. It has turned off its own hosted and also SaaS VSA servers, and states emphatically that customers should turn off their own VSA servers until further notice.
European Business Leaders Want a Stronger Hand With China, Not Decoupling - WSJ
BRUSSELS—A powerful European business lobby group called on European Union politicians to push back harder against China's state capitalism but not to lock out Chinese businesses, as advocated by some leaders who are following the U.S.'s lead on limiting commercial ties to China.
Didi says removal of app in China will affect business - BBC News
China's biggest ride-hailing company Didi Chuxing has warned there will be an adverse impact on its revenues after its app was removed from Chinese stores.
That came after the Cyberspace Administration of China (CAC) said: "After checks and verification, the Didi Chuxing app was found to be in serious violation of regulations in its collection and use of personal information."
Southwest Side small-business incubator 36Squared to receive $80,000 in federal funding - Chicago
McKinley Park's 36Squared Business Incubator will use the money to provide more services to entrepreneurs.
A stained-glass restoration business, a vintage clothing store and a bagel bakery all sit within an unassuming industrial building in McKinley Park. The 36Squared Business Incubator is home to 30 small businesses — some just starting, others fully operational.
3rd Annual Black Business of the Year Awards | News | hometownstations.com
A long list of black entrepreneurs and business owners were given recognition on Sunday for the Black Business of the Year Awards.
The Week in Business: Start With a Bang - The New York Times
Happy Fourth of July. Between strong jobs growth in June, rising consumer confidence and a record-high stock market, there's much to celebrate in the economy. So fire up the grill, watch the fireworks and enjoy the long holiday weekend. — Charlotte Cowles
Hiring surged in June as employers added 850,000 workers , according to the latest jobs report. It was the strongest gain in 10 months and an encouraging sign that the labor market's recovery is gathering steam after uneven growth earlier this year.
Happening on Twitter
WATCH: Optimism over the euro zone economy has soared to a 21-year high as lockdowns ease across the region… https://t.co/KR5x9soe5I Reuters (from Around the world) Sun Jul 04 17:05:00 +0000 2021
WATCH: Euro zone economic sentiment surged to a 21-year high in June as economies started to reopen… https://t.co/b8kquoMZzn Reuters (from Around the world) Sun Jul 04 15:05:00 +0000 2021
ICYMI: Euro zone economic optimism peaked at a 21-year high as sentiment hit an all-time high in Germany and improv… https://t.co/1UXasVGTwf Reuters (from Around the world) Sat Jul 03 21:05:00 +0000 2021
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