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Stocks fell sharply Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.
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Merck on Thursday reported first-quarter results that beat analysts' expectations amid strong sales of vaccines and cancer drug Keytruda.
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Exchange-traded funds that buy long-term Treasury bonds were under pressure Thursday, as investors parsed fresh data on U.S. economic growth and inflation in the first quarter.
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Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.
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Don't overlook these high-growth businesses.
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Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025 CNBCSouthwest to Exit Four Airports as Boeing's Problems Ripple Through Industry The Wall Street JournalSouthwest Airlines will stop flying to these 4 airports and reduce service to others as Boeing troubles bite Fast CompanySouthwest will limit hiring and close 4 after a 1Q loss. American Airlines is also losing money The Associated PressBoeing problems lead Southwest to drop service to four airports CNN
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Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.
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