Tag

Small Businesses

All articles tagged with #small businesses

business18 days ago•4 min saved

Portland's Lloyd Center to Close by Year-End Amid Redevelopment Plans

Lloyd Center in Northeast Portland will close by the end of the year as owners move to demolish the mall and redevelop the site into 14 parcels, prompting frustration from local businesses and longtime patrons who value the mall as a community space. While supporters hope for adaptive reuse and new amenities in the future, no official closing date beyond year-end has been set and planners say there will be no more holiday seasons at the mall.

via KGW|

#business #lloyd-center #mall-closure

business1 month ago•5 min saved

Texas proposes steep hemp licensing fee hike and stricter regulations

Texas proposes a dramatic increase in licensing fees for hemp retailers, up to 13,000%, aiming to tighten industry oversight but risking the closure of many small businesses and limiting access to natural hemp products, which advocates and veterans argue are vital for health and well-being.

via The Texas Tribune|

#business #licensing-fees #public-health

local-news2 months ago•8 min saved

Revitalizing N.J.'s Ghost Malls with Small Business Boosts

Amid the decline of traditional retail, New Jersey malls like Moorestown are transforming by hosting small businesses, pop-up markets, and experiential events to revitalize community engagement and adapt to changing consumer habits.

via NJ.com|

#community-engagement #local-news #mall-revitalization

economy2 months ago•4 min saved

Surge in Bankruptcies Driven by Tariffs and Inflation

Bankruptcies are rising across the US economy, affecting households, small businesses, and large corporations, with the highest levels in 15 years, driven by increased costs, tighter credit, and geopolitical volatility, and occurring across diverse industries in an unusual pattern.

via Business Insider|

#bankruptcies #corporate-failures #economy

business2 months ago•10 min saved

Apple's Manufacturing Academy Boosts US Industry Innovation and Profits

Apple is investing in US manufacturing by providing technical support and training to small manufacturers through its Manufacturing Academy, including developing AI tools to improve quality control, which benefits both the companies and Apple's broader strategic interests in domestic production.

via WIRED|

#ai-technology #apple #business

business2 months ago•3 min saved

Private Sector Jobs Decline in November Amid Economic Slowdown

In November, private U.S. employers lost 32,000 jobs, with small businesses experiencing the largest decline of 120,000 jobs, reflecting a broad economic slowdown and challenges from recent policies, according to ADP. The report highlights ongoing employment instability amid economic pressures and delays in official government data due to the shutdown.

via NBC News|

#adp-report #business #economic-slowdown

economy2 months ago•4 min saved

US Private Payrolls Fall by 32,000 in November Amid Small Business Job Losses

US private payrolls declined by 32,000 in November mainly due to small business layoffs, but this may not reflect the overall labor market health, as government data shows low layoffs and the ADP report's reliability is questionable. Import prices remained unchanged in September, with tariffs and currency fluctuations influencing costs. The upcoming official employment report is delayed, and Federal Reserve rate decisions may be influenced by these mixed signals.

via Reuters|

#economy #job-losses #november

economy2 months ago•2 min saved

U.S. Private Payrolls Drop 32,000 in November, Signaling Economic Softening

In November, U.S. private payrolls unexpectedly declined by 32,000, primarily due to significant job cuts in small businesses, signaling a slowdown in the labor market. Larger firms added jobs, but the overall decrease was the largest since March 2023, raising concerns ahead of the Federal Reserve's upcoming rate decision.

via CNBC|

#adp-report #economy #interest-rate

world3 months ago•4 min saved

Low-Income Shoppers and Small Stores Struggle Amid SNAP Uncertainty

The delay in SNAP benefits due to the US government shutdown has negatively impacted millions of Americans, small grocery stores, and local economies, with stores experiencing reduced sales, layoffs, and increased food insecurity among vulnerable populations. Legislation to reopen the government and restore SNAP funding has passed the Senate but awaits House approval, leaving the situation uncertain.

via AP News|

#economic-impact #food-insecurity #government-shutdown

economy3 months ago•6 min saved

Why Employers Are Hesitant to Hire Despite Economic Needs

Small businesses in the US are pulling back on hiring and spending due to economic uncertainties, inflation, trade tariffs, and consumer confidence issues, highlighting their vulnerability to broader economic shifts despite their crucial role in employment and local economies.

via The Washington Post|

#consumer-sentiment #economic-uncertainty #economy

economy3 months ago•4 min saved

US Government Shutdown's Severe Economic Toll

The ongoing U.S. government shutdown is costing the economy billions weekly, affecting federal workers, consumer spending, small businesses, federal contractors, and the travel industry, with an estimated total loss ranging from $7 billion to $16 billion per week and a potential permanent economic loss of up to $14 billion.

via CBS News|

#consumer-spending #economic-impact #economy

law4 months ago•2 min saved

Supreme Court Faces Key Decision on Trump’s Tariffs

Small businesses have appointed Neal Katyal to argue before the Supreme Court that President Trump's tariffs are unlawful, in a case that tests the president's authority under the International Emergency Economic Powers Act, with a decision expected to impact international commerce and presidential powers.

via Bloomberg Law News|

#international-emergency-economic-powers-act #law #neal-katyal

business4 months ago•12 min saved

Small Businesses Struggle Under Trump’s Tariffs Amid Economic Uncertainty

Small businesses in the US are struggling under Trump's tariffs, facing increased costs, reduced sales, and potential layoffs, which could signal broader economic challenges ahead, especially for larger firms and the overall economy.

via CNBC|

#business #economic-impact #small-businesses

business4 months ago•2 min saved

Walmart's Annual Open Call Boosts U.S. Supply Chain and Small Business Growth

Walmart is supporting American small businesses and manufacturing through its annual Open Call, awarding Golden Tickets to over 100 entrepreneurs, including Grandma Betty’s Grits, to boost domestic sourcing and reduce reliance on tariffs. The company has committed $350 billion over 10 years to purchase U.S.-made products, aiming to strengthen its supply chain and mitigate risks related to innovation and production. WMT is rated a Strong Buy with a target price of $114.89, suggesting a 12% upside.

via TipRanks|

#american-manufacturing #business #small-businesses

business4 months ago•2 min saved

Wall Street Optimistic About Future Economic Growth

Wall Street strategists are optimistic about a stronger U.S. economy in 2026, driven by easier credit, reduced policy uncertainty, and continued Federal Reserve rate cuts, despite mixed signals and concerns about AI's impact on employment.

via Axios|

#ai #business #economy