Tag

Small Business Owners

All articles tagged with #small business owners

politicseconomy2 years ago•4 min saved

"President Biden's Economic Message Fails to Win Over Small Business Owners: CNBC Survey"

President Biden's approval rating among small business owners has reached a new low, with a net approval rating of 30, dropping 13% since the first quarter of 2021, according to the CNBC/SurveyMonkey Small Business Survey. The survey reflects a disconnect between the positive economic progress and Biden's "Bidenomics" message. The views of small business owners are heavily influenced by political partisanship, with only 7% of Republicans having a positive view of Biden compared to 85% of Democrats. Inflation and interest rates are major concerns for small business owners, impacting their support for Biden.

via CNBC|

#approval-rating #economy #inflation

economy2 years ago•2 min saved

Corporate America's Economic Confidence Wanes

Small business owners and CFOs in Corporate America are feeling downbeat about the US economy, despite the recent growth in GDP. Small business owners have expressed historically low optimism about expanding their operations, while CFOs remain more optimistic about their own companies compared to the broader economy. Factors such as inflation, higher rates, deficits, domestic politics, and geopolitics have contributed to a sense of dread about the economic outlook. Consumer confidence has deteriorated, and expectations for jobs and business conditions remain negative. However, the widespread corporate pessimism may actually lead to more durable expansions and less speculation.

via Business Insider|

#cfos #corporate-america #economy

finance2 years ago•2 min saved

Investors on edge as debt ceiling talks and inflation data loom.

US stock futures edged downward ahead of the open on Tuesday as investors watch highly anticipated talks on a fast-approaching debt ceiling deadline. Razor-thin margins in Congress are complicating the matter. Wall Street is also looking ahead to Wednesday's April inflation report. Nearly half of US banks are tightening their lending standards as the US gets closer to the brink of a default. Confidence among small-business owners fell in April to the lowest level since 2013, signaling a pullback in business investment. On the earnings front, Wall Street anticipates results from Airbnb, Rivian Automotive, and Occidental Petroleum.

via Yahoo Finance|

#debt-ceiling-talks #earnings #finance

politics2 years ago•1 min saved

Minnesota House approves paid family and medical leave program.

The Minnesota House of Representatives passed House File 2, a bill that would provide up to 12 weeks of paid family leave and up to an additional 12 weeks of paid medical leave for Minnesota workers. House Republicans introduced their own proposal for paid family and medical leave, called MN Family and Medical Leave Insurance Program, which would offer a tax credit for small business owners and can be opted-in for $5 per week if an employer doesn’t join the program. The full Senate has yet to take up the bill for debate.

via KSTP|

#house-of-representatives #medical-leave #minnesota

business2 years ago•6 min saved

Minneapolis leaders blamed for failed Black business expo and toxic work culture.

Former Minneapolis equity director Tyeastia Green blamed city leadership for the low turnout at the Minneapolis Black business expo and alleged a "toxic" work culture in a letter addressed to the city's operations director and mayor. Green threatened to sue City Council Member LaTrisha Vetaw for defamation of character. Some small business owners who participated in the expo want an apology and their money back. The city disputed Green's claims and is exploring legal options to repay vendors who lost money. The city has not yet made a determination on hosting such an event next year.

via KSTP|

#black-business-expo #business #lawsuit

business2 years ago•3 min saved

TikTok's Growing Presence in the U.S. Raises Privacy Concerns and Government Scrutiny.

TikTok CEO Kevin Mayer will testify before Congress on Thursday and reveal that the app has 150 million active users in the U.S. TikTok creators, including small business owners, entertainers, and activists, are planning to lobby Congress to prevent a ban on the app, arguing that it could bring financial hardship to Americans who rely on it to generate income. A recent poll showed that 49% of Americans support a TikTok ban, while 42% oppose it. TikTok has proposed hiring an American company to store the data of people in the U.S. who use the app to address national security concerns.

via NBC News|

#ban #business #congress