small businesses

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Along Northern Border, 'Rhetoric That Has Inspired a Boycott'

Small-business owners in US, Canada are struggling amid nations' trade war, tariffs

(Newser) - A trade war between the US and Canada is making it more difficult and expensive for small businesses in the economically entwined countries to operate, according to business owners caught in the crossfire. Canada imposed reciprocal tariffs on about $20 billion worth of US goods last week after President Trump...

Jamie Dimon Rolls Out 'American Dream' Plan

JPMorgan initiative focuses on small businesses, homeownership, and health care

(Newser) - One of Jamie Dimon's big themes in recent years has been how the American dream is slipping out of the reach of ordinary Americans, notes Bloomberg . On Tuesday, his JPMorgan Chase bank rolled out its plan to remedy that. The bank unveiled what it's calling the "American...

Washington Rolls Out a Millionaires Tax

Estimate $3B in revenue will fund childcare, school meals, and small business relief

(Newser) - Washington, long known for skipping an income tax, just broke with that tradition —at least for its wealthiest residents. Gov. Bob Ferguson on Monday signed into law a new 9.9% levy on annual income over $1 million, set to kick in come 2028. The money is earmarked for...

Shoppers Should Brace for Steep Price Hikes

After a holiday pause, companies are preparing to pass on tariff costs

(Newser) - Shoppers who enjoyed a brief pause in price hikes may want to brace themselves. After several months of relative calm—and holiday discounts—companies are again bumping up prices on everything from jeans to spices to software, the Wall Street Journal reports. The increases, often in the high-single-digit range, appear...

ADP Jobs Report Contains a Shock
ADP Jobs Report
Contains a Shock
Dec 3, 2025 10:50 AM CST

ADP Jobs Report Contains a Shock

Small businesses account for nearly all of the job losses

(Newser) - The US labor market took an unexpected hit in November: Economists were anticipating 40,000 new jobs, but private payrolls actually shrank by 32,000 jobs, according to new data from ADP. This marks a sharp reversal from the prior month, when payrolls grew by a revised 47,000 jobs....

ADP Gives Us a Sense of What Happened in October

Private employers added jobs for first time since July

(Newser) - With the October jobs report all but certain to not materialize on Friday due to the shutdown, a meaningful outside data point: Payroll processor ADP on Wednesday said America's private sector added 42,000 jobs in October, besting expectations of 22,000 fresh jobs and an improvement from September'...

Forget Banks. They're Yanking ATMs From Bodegas

Thieves are hauling out the 200-pound machines and taking the cash

(Newser) - New York's corner stores are under siege, but it isn't the candy aisle crooks are after. A wave of smash-and-grab ATM thefts has been reported in the city, with police suspecting a single three-man crew is behind more than three dozen fast, muscle-powered burglaries that took place...

SBA Out of Cash for Hurricane Victims, for Now

Congress would need to greenlight additional funding, though lawmakers are now out of town

(Newser) - The Small Business Administration has run out of money for the disaster assistance loans it offers small businesses, homeowners, and renters, delaying much-needed relief for people applying for aid in the wake of the destruction caused by hurricanes Helene and Milton. The SBA offers Economic Injury Disaster Loans to businesses...

Starting a Business? Best and Worst States

You might want to head West to Utah

(Newser) - If you want to hang your shingle and start up a small business, there are certain states that are more willing to help out your dreams of a dog-treat bakery or fly-fishing shop. Wallethub crunched the numbers, looking at metrics that included business environment (growth in the number of startups,...

Looking to Start a Biz? Check Out These Cities

Orlando tops WalletHub's ranking of America's most startup-friendly places

(Newser) - It's been a tough few years for business owners across the nation, from the pandemic to rising prices due to inflation. However, current challenges haven't stopped some from mulling over launching their own business—a sign of what WalletHub calls Americans' unstoppable "entrepreneurial streak." In an...

Restaurant Owner's Survival: Working 72-Hour Weeks

Half of small businesses say their rent has increased in the last 6 months

(Newser) - The rent has come due for America’s small businesses and at a very inopportune time. Landlords were lenient about rent payments during the first two years of the pandemic. Now, many are asking for back rent, and some are raising the current rent as well. Meanwhile, most of the...

Florida's Newest Business Owner: Casey Anthony

Woman acquitted of killing toddler daughter in 2011 has opened a private investigation firm

(Newser) - While it's been a tough year for small businesses, a new one has just popped up in Florida. Per Fox News , state records show that paperwork for Case Research & Consulting Services, LLC, was filed Dec. 14, and the private investigation firm has a well-known name as its owner:...

Mnuchin: Let's Forgive Those Small-Business Loans

The treasury secretary echoes a proposal made by banks and trade associations

(Newser) - Good news for small-business owners: You might not have to pay back that federal loan. Treasury Secretary Steven Mnuchin said as much Friday in a House committee meeting where he pushed for another round of Paycheck Protection Program loans to struggling businesses, the Wall Street Journal reports. "One of...

Some PPP Loan Recipients Are a Little Surprising
Some PPP Loan Recipients
Are a Little Surprising
the rundown
Jul 7, 2020 9:55 AM CDT

Some PPP Loan Recipients Are a Little Surprising

Kanye West, sculptor Jeff Koons, and the Church of Scientology are on the list

(Newser) - The Treasury Department has released the names of everyone who got a loan bigger than $150,000 through the PPP—the Paycheck Protection Program designed to help businesses weather the pandemic. While millions of small companies were helped by the loans, which can be forgiven if the money is used...

Shake Shack Is Returning Its $10M Government Loan

In the wake of the news that the Paycheck Protection Program is out of money

(Newser) - Last week brought the news that the $349 billion Paycheck Protection Program set up to help small businesses amidst the coronavirus pandemic had already run dry . Now its balance apparently sits at $10 million, thanks to ... Shake Shack. The burger chain late Sunday announced that it would "immediately return"...

White House, Congress 'Very Close' to $450B Deal

Aid package will offer billions for hospitals, testing

(Newser) - The Trump administration and Congress are nearing an agreement as early as Sunday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing, the AP reports. With small-business owners reeling during...

Small Businesses Looking for Help Get Bad News

Fund established by Congress runs out of money, and lawmakers can't agree on next steps

(Newser) - Owners of small businesses who are turning to a government website for help in the coronavirus outbreak now see the worst possible update: "SBA is unable to accept new applications at this time ... based on available appropriations funding," reads the notice by the Small Business Administration. The problem...

Small-Business Owners Run Into Huge 'Bottleneck'

Federal loan programs are deluged and running low on funds

(Newser) - Millions of small businesses are barely staying afloat amid the coronavirus pandemic, and the feds are offering help—but getting that help is another thing, the New York Times reports. Two federal efforts, the Paycheck Protection Program and the Economic Injury Disaster Loan program, are both low on funds and...

Fed Chief: Economy's Rebound May Be 'Robust'

Agency unveils $2.3T loan program to help small businesses, cities

(Newser) - The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy, per the AP . The money will target American households and businesses, as well as local governments besieged by the coronavirus outbreak. The Fed said Thursday that it's activating a...

10 Best US Cities for Business Startups

Orlando tops WalletHub's list

(Newser) - Anyone stuck in a cubicle at a dead-end job has dreamed of either hitting it big in the lottery or of starting a business—and for the latter, there are certain US cities that may be just the ticket to making that dream become reality. WalletHub examined startup opportunities in...

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