Stories Tagged as
Small businesses
The job market is still in recovery, but it's also still losing momentum
Nov 6, 2020
The decline in unemployment has slowed since an early rebound from the first wave of COVID-19 shutdowns.
The Fed wants to lend money to more small businesses, but many aren't interested
by
Justin Ho
Nov 2, 2020
The central bank dropped the minimum loan amount under its Main Street Lending Program to $100,000. But not many businesses feel confident taking out loans they'll have to repay in five years.
Small business optimism overall is way up, but not for all owners
Oct 13, 2020
A survey from the NFIB finds optimism at pre-pandemic levels, but not necessarily for businesses in the service sector like restaurants and retail shops.
Small businesses are having a hard time hiring, despite high unemployment
by
Justin Ho
Oct 9, 2020
Many furloughed workers are hoping to return to their old jobs.
In St-Tropez, the pandemic has muted the summer club scene
Sep 2, 2020
Many nightclubs have had to shut down or limit partying to outdoor areas.
Boston Fed president: We need fiscal policy until pandemic is under control
Aug 18, 2020
Eric Rosengren says that the Fed's Main Street Lending Program started off slow, but interest in borrowing has increased.
Small business owners are still concerned about the economy
Aug 11, 2020
"Without a robust small business economy, we can’t envision any kind of meaningful recovery," one expert says.
For public good, not for profit.
Dine-in restaurants see takeout success as a recipe for the future
Aug 3, 2020
The owner of one fine-dining restaurant in California opened a new eatery during the pandemic as a takeout operation.
Nail salon industry faces COVID-19 challenges as economies reopen
Jul 29, 2020
The owners, who employ many Asian immigrant workers, face mounting costs and fewer customers as they try to keep their doors open.
Why some business owners are applying for PPP loans at the last minute
by
Justin Ho
Jun 29, 2020
The deadline for Paycheck Protection Program loan approvals is Tuesday. Some haven't been clear about their eligibility. Others have been trying since the beginning.