Getty Images Key points to remember According to the NFIB’s Small Business Optimism Index, the outlook for small business owners is at its lowest level in six months, when inflation was at its highest during the pandemic era. The biggest concern for small business owners is inflation, which affects their spending on materials. At the … Read more
It’s no secret that the pandemic has wreaked havoc on small business owners, but until now the true economic impact had not been measured. Biz2Credit recently released the results of its Small Business Inflation Study which analyzed the income and expenses of more than 140,000 American small businesses from January 2019 to October 2022. The … Read more
A happy couple buying Christmas gifts online with a credit card. Getty The 2022 holiday season has turned out better than expected for small business owners, even with inflation soaring to 7.1% this year. Despite higher prices for many items and fears of a possible impending recession, consumer enthusiasm for the holiday season has not … Read more
Federal Reserve Chairman Jerome Powell speaks during a news conference Wednesday, Dec. 14, 2022, at … [+] Federal Reserve Board Building, Washington. (AP Photo/Jacquelyn Martin) Copyright 2022 The Associated Press. All rights reserved. Led by Federal Reserve Chairman Jerome Powell, the Federal Open Market Committee raised the federal funds rate seven times in 2022, most … Read more
This week has seen a flurry of activity from central banks, with the US Federal Reserve, European Central Bank and Bank of England all raising interest rates and giving their advice on what to do next. . It looks like 2022 is the year the world gave central bankers a run for their money, exposing … Read more
Makeba White-Chanay is the CEO of B1 Companies and holdings who specializes in the care of the elderly and disabled. Getty Although the pandemic has made life difficult in many ways, it has also opened up a window of unique business opportunities. Factors such as unreliable jobs, extra hours of confinement, and low income resources … Read more
Artwork: Brendan Lynch/Axios Frames can be while speaking on the risks of recession during conference calls with investors. But if you look at what they really are Do, things look a little different. Driving the news: The country’s largest companies reported a record amount of capital expenditure (capex) – investment in buildings, new machinery or … Read more