As inflation grips small businesses, here’s how they are responding

Hopkinsville Brewing Company co-owner Kate Russell, pictured to the right of co-owner Joey Medeiros, said the business has had to raise prices due to inflation. Mary Katherine Russell Small business owners have had a few rough years. First, the Covid-19 pandemic caused many to lose revenue. Now, they’re dealing with higher costs as inflation rises. … Read more

Dow drops 400 points extending losses after its worst day since 2020

Wall Street ended lower on Friday amid concerns about rising Treasury yields and the prospect of more Fed rate hikes. The Dow Jones Industrial Average dropped 99 points on Friday, or 0.3 percent, to end its sixth straight week in the red. The S&P 500 fell 0.6 percent and the Nasdaq lost 1.4 percent. It … Read more

Worried about a recession? Here’s how to prepare your portfolio

FG Trade | iStock | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. “We all understand that markets go through cycles and recession is part of the cycle that we may be facing,” said certified financial planner Elliot Herman, partner at PRW Wealth Management in Quincy, … Read more