News

News (2421)

Surviving a Recession

Smal businesses can take steps to weather a recession, reports Forbes.

The warning bells are sounding for America’s economy in 2023. While no one can predict the future with 100% certainty, nearly every forecast has recession on the horizon

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Yellen at Banking Conference

Earlier this week, Treasury Secretary Janet Yellen spoke at a banking conference about the government’s decision to protect both insured and uninsured depositors after Silicon Valley Bank and Signature Bank failed.

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NFIB Not Keen on Biden’s Plan

The NFIB is critical of Biden’s new federal budget, reports Moody on the Market

Every year, the White House proposes a new federal budget request to drive tax and spending decisions in Congress. The Biden Administration released the Fiscal Year 2024 budget proposal last week, which includes tax increases that would further harm small businesses

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Small Business Surge

According to Forbes, small businesses are surging across America, surprising economists. 

Aundrea Owens grew up in Frankfort, Ky., in the 1960s. Back then, there were still some stores where she and her mother weren’t welcome when they went downtown to buy an Easter dress.

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Retirement Plans Beneficial for Small Business

Small businesses should consider offering a retirement plan, it can attract and retain employees, reports Yahoo Finance. 

Small business owners can boost employee recruitment and retention and help themselves and their workers save for retirement by establishing a 401(k) plan

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Precise API Gets Updates

Forward AI updates Precise API to make financial decisions even faster, reprots PYMNTS.

Business data FinTech ForwardAI has unveiled an update to its Precise API tool to help streamline financial decisions.

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SVB’s Failure Impacts Small Businesses

Small businesses went into panic mode when news of SVB’s failure reached them, reports Business Insider.

Vanessa Pham was showing off her lemongrass BBQ sauce and yuzu miso glaze at the annual conference Expo West last Thursday when she first heard about Silicon Valley Bank's struggles.

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Checking On Credit Reporting Companies

According to Inc. the FTC is looking into how small business credit reporting companies operate. 

The Federal Trade Commission has ordered five small-business credit reporting firms to provide information regarding their products and processes as part of a formal inquiry. The firms are Dun & Bradstreet, Experian Information Solutions, Equifax, Ansonia Credit Data, and Creditsafe USA.

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Family and Medical Leave on Table for Minnesota

Small businesses wait to see if Minnesota becomes the latest state to pass a bill for paid family and medical leave, reports KTTC

Minnesota could soon be the eleventh state to pass a bill for paid family and medical leave, allowing up to 24 weeks of leave, but this opens a larger conversation about how and who will pay for it.

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Growing Small Business with Social Advertising

For small businesses social media is an affordable way to grow their business, reports Mashable. 

Social media is the common marketplace for just about everything these days, supplying forms of cultural and real world currency to billions of users.

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