If the U.S. economy had to be summed up in one word, the word would be unsustainable. From entitlement programs to trade deficits, the U.S. economy cannot continue indefinitely on its current course. Sadly, changing course is difficult and political impossibilities...
If individuals thought that they were the only ones who had the use for loans, then corporate loans will show them that they are incorrect. The corporates, who are deemed to have a large surplus of cash, too find themselves at the mercy of the loan providers (though...
Let’s face it, if you don’t have a proven track record or some notable credit worthiness, it is tough to get financing. Risk factors and high costs of servicing small accounts are the major reasons for banks and financial institutions to stay away from people who...
Bobby Van’s Steakhouse owner says employees have been asking for raises as inflation sits near 40-year highs By Talia Kaplan FOXBusiness...
By Christine Steele Apr 21, 2022 Foreclosures are soaring, but real estate experts say it’s not a repeat of the housing crisis of the mid-2000s. They hit a pandemic high in the first quarter of 2022 as foreclosure moratoriums around the nation expired, according to a...
Survey shows most businesses just ‘barely hanging on’ after previous COVID-19 shutdowns by Feli Oliveros updated Aug 25, 2021 With the rapid rise of the COVID-19 delta variant, U.S. government and public health officials have proposed a variety of methods to stop the...
Economy Jun 10, 2022 12:47 PM EDT NEW YORK (AP) — Small businesses that depend on outdoor crowds and free-spending tourists aren’t sure what to expect this summer. Consumers likely have a lot of pent-up demand after more than two years of the pandemic. But they’re...
By Steve Cuozzo July 17, 20221:38pm Updated Hale and Hearty’s shutdown seemingly came out of nowhere — an NYC soup staple for 20 years. Google Maps More From: Steve Cuozzo Hale and Hearty, a popular New York soup cafe for 20 years, quietly closed all...
By Chris Nichols, PolitiFact.com https://imasdk.googleapis.com/js/core/bridge3.524.0_en.html#goog_1203335388 Kamala Harris: “Sadly during the course of the pandemic one-third of our small businesses have closed.” PolitiFact’s ruling: Mostly...
By Casey Harper | The Center Square Jul 17, 2022 A store with a “Going out of Business,” sign is shown in North Miami Beach, Fla. Wilfredo Lee / AP (The Center Square) – Nearly half of American small business owners say they are at risk of closing down...