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 manufacturing and construction sectors have done pretty well throughout the pandemic, but But, jobs in travel, hotels and restaurants are still way down.
Olivier Douliery/AFP via Getty Images

The Fed wants to lend money to more small businesses, but many aren't interested

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.
A bartender prepares to open his bar in Ocean City, Maryland, amid the pandemic, May 29, 2020.
Alex Edelman/AFP via Getty Images

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 in the services sector have a more bleak outlook as they continue to navigate COVID restrictions.
Valerie Macon/AFP via Getty Images

Small businesses are having a hard time hiring, despite high unemployment

Oct 9, 2020
Many furloughed workers are hoping to return to their old jobs.
A waitress folds silverware at a restaurant in Youngstown, Ohio, in September. Small businesses are having trouble hiring even though millions of Americans are out of work.
Megan Jelinger/AFP via Getty Images

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.
Trying to get the party started at the VIP Room’s outdoors bar in St-Tropez. The club section is closed.
John Laurenson

Boston Fed president: We need fiscal policy until pandemic is under control

Eric Rosengren says that the Fed's Main Street Lending Program started off slow, but interest in borrowing has increased.
The Federal Reserve is doing its part to help support businesses with a pile of money to lend to small- and medium-sized operations.
Karen Bleier/AFP via Getty Images

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.
As COVID-19 cases spike and fall, small business owners are feeling uncertain about the future.
Valerie Macon/AFP via Getty Images

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.
Many restaurants, like this one in Washington, D.C., are relying on takeout only during the COVID-19 pandemic.
Nicholas Kamm/AFP via Getty Images

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.
Employees at Mod Nail Lounge in Dallas use face masks, gloves and table shields when working with customers.
Courtesy Mod Nail Lounge

Why some business owners are applying for PPP loans at the last minute

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.
A woman makes a purchase at a Nevada coffee shop. Some small business owners are applying for PPP loans now because they weren't sure whether they were eligible before.
Ethan Miller/Getty Images