economy

U.S. Small-Business Optimism Slumps to Seven-Month Low

12th January, 2021

The National Federation of Independent Business index of sentiment decreased by 5.5 points to 95.9, the group said Tuesday. The figure was weaker than the median projection of 100.2 in a Bloomberg survey of economists.

“This month’s drop in small business optimism is historically very large,…

Stephen Moore, White House Economic Recovery Task Force Discusses Small Businesses with David Sussman

8th September, 2020

Stephen Moore, White House Economic Adviser discusses the troubles ahead as #CommercialRealEstate turns cities into ghost towns, the exploding national debt, politics and riots and its impact on small businesses.

2009 Redux: Business Owners Facing Economic Crisis, But for How Long?

3rd April, 2020

We hope this finds you healthy and well as can be expected during this unprecedented time.

Starting in 2007 many forecasters were suitably concerned over the potential of a subprime lending market collapse, which began that Spring with Bear Stearns suddenly closing their doors. The crisis reached its apex when Lehman Brothers collapsed in September…

Will the Coronavirus Cause the American Economy to Catch a Cold?

26th February, 2020

As per Bloomberg.com (that’s not a Presidential endorsement ;) Italy is reeling from the impact of the spreading Coronavirus.

“More than 50% of our work for this week has been canceled, and I’m scared that the situation will worsen,” the 48-year-old who runs a small company transporting heavy machinery in the regional city of…

Why the New CA Gig Economy Restrictions May Soon Impact your State

13th September, 2019

California lawmakers just passed a bill turning ‘gig economy’ workers into employees. Critics: This is another attack on small business.

Who works in the Gig Economy? Everyone. The gig economy is massive. According to the Bureau of Labor Statistics (BLS), in 2017, 55 million people, or more than 35 percent of the US…

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