MV TELEGRAPH DAILY NEWS
Small business owners are collectively breathing a sigh of relief at the Federal Reserve’s widely-anticipated decision to cut interest rates last week, and new data show owners expect to put that increased capital to work. CNBC and SurveyMonkey’s Small Business Survey for Q3 found that owners said lower interest rates will lead them to increase …
Continue reading “Small companies get extra bullish amid rate of interest cuts: CNBC survey”
Boeing Machinists union members picket outside a Boeing factory on September 13, 2024 in Renton, Washington. Stephen Brashear | Getty Images It’s been just over a month since more than 30,000 Boeing machinists walked off the job after overwhelmingly voting down a tentative contract. Costs and tensions have only risen since then. The strike is …
Continue reading “Boeing manufacturing unit strike crosses 1-month mark as stress mounts on CEO”
Democratic presidential nominee and U.S. Vice President Kamala Harris speaks onstage during a campaign event, in Las Vegas, Nevada, U.S., September 29, 2024. Kevin Lamarque | Reuters Harris campaign surrogates are planning a series of stops with small businesses in at least six battleground states this week, according to a preview of the announcement first …
Continue reading “Harris small enterprise tour launches in play for Latino, Black voters”
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped by as much as 8.9% in intraday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and …
Continue reading “Rivian lowers manufacturing forecast, misses Q3 supply expectations”
Feifei Cui-paoluzzo | Moment | Getty Images Last week, the Federal Reserve slashed interest rates for the first time in over four years, signaling a potential uplift for stocks and Wall Street. But what does it mean for the backbone of America, our small businesses? A new CNBC|SurveyMonkey study fielded just before the Fed announced …
Continue reading “Identical to remainder of nation, U.S. small companies at a crossroads”
Novo Nordisk‘s top executive faces a Senate grilling on Tuesday over the high prices of the company’s weight loss drug Wegovy and diabetes treatment Ozempic, as demand for both injections soars in the U.S. Novo Nordisk CEO Lars Fruergaard Jørgensen told lawmakers at a Senate Health, Education, Labor and Pensions Committee hearing in Washington, D.C that he …
Continue reading “Novo Nordisk CEO testifies at Senate over weight reduction drug costs”
A man checks the label of a vitamin jar at a Costco Wholesale store in Colchester, Vermont, on April 3, 2024. Robert Nickelsberg | Getty Images Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is still very much a problem. At a time when …
Continue reading “Small enterprise optimism hits 11-year low as inflation fears will not go away”
A man walking past a logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images The bottom of the barrel prices that have made Chinese-linked e-tailers Shein and Temu so popular with American consumers could soon rise if the Biden administration …
Continue reading “Shein and Temu costs poised to rise after Biden de minimis proposal”
The Junior Achievement Free Enterprise Center located in Greenwood Village, Colorado, is where high school students can explore careers and develop a plan to pursue their goals. The center aims to inspire the next generation of entrepreneurs. Entrepreneurship is a common goal for younger people. More than half, or 54%, of Gen Z adults say that …
Continue reading “Profitable start-up founders’ recommendation for aspiring entrepreneurs”
A detail view of a NFL shield logo paint of the field during a preseason game between the Los Angeles Rams and the Houston Texans at NRG Stadium on August 24, 2024 in Houston, Texas. Ric Tapia | Getty Images Sport | Getty Images Sports team owners benefiting from soaring team values are also facing …
