Interest rate hikes won’t cause a recession, according to Fed
Good morning! Happy Sunday, folks. Never Forget. 🇺🇸
With interest rates on the verge of flaring up once again, Jerome Powell is also trying to let the public know that higher rates will not cause a recession. However, with another meeting in two weeks and no update given, the public is rightfully… very nervous.
Check out today’s featured article from AP News to read about why The Federal Reserve’s Chair Jerome Powell is trying to stifle fears of a U.S. recession. ☕️
Featured Article:
Powell: Higher rates unlikely to cause deep US recession | AP News
“The last time the Federal Reserve faced inflation as high as it is now, in the early 1980s, it jacked up interest rates to double-digit levels — and in the process caused a deep recession and sharply higher unemployment.”
Electric Vehicles 🔋
United Airlines purchased 200 electric aircraft
The aircraft are four-seater air taxis, similar to helicopters. United Airlines invested in Eve Air Mobility with a further $15 million. Michael Leskinen, president of United Airlines Ventures, has spoken publicly about the company’s plans to implement an airport for these electric aircraft where they can take off and land vertically.
Leadership 🏆
National Truck Driver Appreciation Week is September 11-17 | Back The Truck Up
Back The Truck Up contributor Rooster writes about the upcoming Driver Appreciation week and why its important.
Sustainability ♻️
Bring More Reality and Less Rhetoric to Biden’s Domestic Clean-Energy Mandate | Real Clear Energy
Real Clear Energy contributors Mark Compton & Pete Stauber write about the clean-energy regulatory pushes by the Biden Administration.
Unions 🪧
Workers Increasingly Favor Right to Work States | Real Clear Policy
Real Clear Policy contributor Stan Greer writes about how unions neglect the differences in cost of living across different states and why they should consider those notions going forward.
Electric Vehicles 🔋
GM is betting on its electric Equinox, starting at $30,000, to kick-start ‘massive adoption’ of EVs | CNBC
CNBC contributor Michael Wayland writes about General Motor’s Equinox push to consumers, starting the model at $30,000/
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for July 31, 2025, from iLevel Logistics Inc.