From ongoing supply chain issues to higher interest rates, there are several finance-related trends that will impact small business owners in the coming year.— Getty Images/ Sunwoo Jung Small businesses have gone through a lot over the last few years with the COVID-19 pandemic, making it dif...
In our second Small Business Update, U.S. Chamber Executive Vice President and Chief Policy Officer, Neil Bradley, and Jeanette Mulvey, Content Director at CO—, discuss additional stimulus details.
The US economy has had the strongest recovery from the COVID-19 pandemic of any major developed economy. Annual inflation is approaching the Federal Reserve’s target without a recession, non-managerial real wages have exceeded pre-pandemic trends, consumer spending is continuing to exceed expectatio...
In an effort to extinguish the four-decade high inflation that took hold after an unusually strong economic rebound from the COVID-19 recession of 2020, the Federal Reserve raised its benchmark rate 11 times since March of 2022. Inflation has eased considera...
Cuban has previously weighed in on many aspects ofthe coronavirus pandemic, arguing thatsupporting workers must be a priorityin government aid programs, while alsocriticizing the small business loan program. The Mavs owner told CNBC earlier this month that small businesses in Texasneeded more s...
References 1. Esposito S, Principi N. School closure during the coronavirus disease 2019 (COVID-19) pandemic: an effective intervention at the global level?
Bank of America submitted 184,000 loan applications. The SBA approved only 1,000. From CNN’s Cristina Alesci A Bank of America branch pictured on November 1, 2019 in New York City. Shutterstock Bank of America sent 184,000 Payroll Protection Applications to the Small Business Administration on...
Restart student loan repayments: Under the deal, borrowers would have to begin paying back their student loans at the end of the summer, as the Biden administration has already announced. The pause has been in effect since the Covid-19 pandemic began. Expedite a pipeline in West Virginia:...
President Joe Biden’s administration has repeatedly said the Covid pandemic pause on federal student loan payments would end later this year — but officials have said that before and gone on to extend the pause again. This time, Education Secretary Miguel Cardona may not be able to do so...
Another treatment for rheumatoid arthritis, anakinra, showed promise in helping patients with severe Covid-19, according to a small study published in the journal Lancet Rheumatology on Thursday. “We believe that otilimab may be able to help to block the effects of one of the types of cytoki...