The economy has been stabilizing. But for some small businesses, it also feels a little out of whack.

Oct 30, 2024
Even though inflation has subsided, interest rates are heading down, and the labor market is loosening up, many business owners say the problems that emerged over the last few years haven’t gone away.
One pain point for small business owners in this economy? Shipping and other supply chain parts are more expensive than before the pandemic.
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Fed's rate cut influenced lending in advance. But hiring may pick up down the road.

Sep 19, 2024
Some effects of cheaper money won't be visible until next year, and smaller, more risk-averse businesses may be slower to respond.
Lenders were expecting a cut and had priced it into their business, says former Federal Reserve economist Karlyn Mitchell.
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Democratic National Convention not the pick-me-up hoped for by Chicago area businesses

Aug 21, 2024
Restaurants near the DNC taking place in downtown Chicago were hoping for a shot in the arm from the event, but some are discouraged.
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Small businesses are just as grumpy about the economy as consumers

Aug 13, 2024
Optimism has increased, but it's still below a 50-year average, a National Federation of Independent Business survey shows.
For a lot of business owners, this high inflation is stressful to navigate, says Holly Wade of the NFIB.
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Small businesses are apprehensive these days

Jun 11, 2024
The NFIB reports a spike in its uncertainty index, perhaps triggered by thrifty consumers and the upcoming election.
The feeling of certainty about future business conditions has waned among merchants, according to the National Federation of Independent Business.
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Why cybercriminals are targeting small businesses

May 30, 2024
Ransomware attacks are on the rise, and small businesses are getting hammered.
Cyberattacks and hacks have the ability to destroy people's businesses, credit and livelihoods.
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When Foxtrot and Dom's grocery stores closed, local vendors were left scrambling

May 21, 2024
Hundreds of vendors were caught off guard when Outfox Hospitality abruptly shut down stores in Illinois, Texas and the Washington, D.C., area.
Justin Doggett, owner of cold brew company Kyoto Black, fills a pouch with coffee. Doggett is one of dozens of local vendors affected by the closings of Foxtrot and Dom's stores in late April.
Esther Yoon-Ji Kang

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Credit card companies see big opportunity in small business spending

May 17, 2024
Small business spending has been fairly slow recently, according to American Express. But credit card companies see a lot of potential in the market.
The competition for business owners’ wallets has been heating up, despite today’s subdued spending environment.
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Schwan’s won customers with its ice cream delivery. A new name and layoffs challenge its legacy 

May 8, 2024
Since 1952, Schwan’s yellow trucks and friendly drivers have been delivering frozen food to households. The industry has become more competitive and crowded and recently, the company changed names and stopped deliveries in most states.
The company’s new name draws on its yellow trucks. “It’s not easy to build a new brand,” CEO Santana said. “But the food and the service is the same, and we will reinforce the new name with our customer base and attract new customers.”
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Small businesses see wage pressure easing

May 1, 2024
While the labor market is still tight, some owners aren’t feeling like they need to hike pay as much as they did earlier in the pandemic.
According to the Labor Department, wage gains have been slowing for the past two years.
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