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Kansas City Fed President Jeff Schmid stated that the Federal Reserve still has work to do regarding short-term interest rates, despite elevated longer-term Treasury yields. Schmid noted that higher long-term rates are influencing investor behavior through the cost of capital.
Fed's Schmid: The Fed still has work to do on the short rate despite higher long-term yields.
Descartes Systems said total revenue rose 15% year over year to $193.6 million and adjusted EBITDA increased 20% to a record $89.8 million. The company also highlighted AI investment plans and the IDELIC acquisition.
Nevada's workforce grew 1.9% from April 2025 to 2026, more than any other state. Economic leaders said their success is the culmination of a push to diversify business activity beyond gambling and entertainment. Average hourly pay rose at one of the fastest rates nationally in Nevada from 2024 to 2025. A sparsely-popul
Nevada's workforce grew 1.9% from April 2025 to 2026, more than any other state. Economic leaders said their success is the culmination of a push to diversify business activity beyond gambling and entertainment. Average hourly pay rose at one of the fastest rates nationally in Nevada from 2024 to 2025. A sparsely-popul
Nevada's workforce grew 1.9% from April 2025 to 2026, more than any other state. Economic leaders said their success is the culmination of a push to diversify business activity beyond gambling and entertainment. Average hourly pay rose at one of the fastest rates nationally in Nevada from 2024 to 2025. A sparsely-popul