Business Update – March 27, 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Entrepreneurship, startups, and business formation are booming across the U.S. Applications for new businesses, the number of startups, and the total number of businesses have skyrocketed across U.S. states and counties since 2021. Federal Reserve issues FOMC statement On March 20, 2024, the Federal Reserve raised the federal funds…  Read more

How being organized helps you at tax time

Tax season is stressful. You have to make sure you’ve got all your documents in order and that everything is filed on time. You also need to double check that the numbers you have are correct, and if they’re not then it can be a real headache. Given how stressful tax time can be, keeping everything together can help you navigate tax season much more easily. Here are some benefits…  Read more

Business Update – March 20, 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. How the enhanced CTC could impact tax season Tax season is well underway, but the fate of the $78 billion Tax Relief for American Families and Workers Act, including the enhanced Child Tax Credit, is now in the hands of the Senate. It is unclear when the legislation will cross…  Read more

Business Update – March 13, 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. US economic activity increased slightly in recent weeks, Fed survey shows There was an uptick in U.S. economic activity from early January through late February while inflation and the jobs market presented conflicting signals on how quickly they will cool further, a U.S. Federal Reserve survey showed on Wednesday,…  Read more

Marketing your business: where to start and how to make it easier

Marketing can feel like a daunting task for small business owners. If you’re new to the game, or maybe you’ve been in business for a while and just haven’t quite cracked the code, navigating the world of marketing can be overwhelming. But it doesn’t have to be. Your business deserves to be seen, heard, and thriving – and with the right guidance, you can make marketing work for you. Let’s…  Read more

Business Update – March 06, 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Forecasters raise expectations for 2024 U.S. economy This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago, according to a survey recently released. The U.S. is set to pay more on interest on its debt than…  Read more

Business Update – February 28 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. New study unveils the major companies behind the great US employment boom A new study reveals that tech giants like Google, Amazon, and Microsoft are among the top companies where employees are seeking new jobs. Despite high salaries, workers are leaving due to job dissatisfaction, seeking better work-life balance,…  Read more

Business Update – February 21 2024

Getting caught up on a week that got away? Here’s your weekly digest of some stories relevant to business and the economy. IRS warns tax refunds will be much lower this year Inflation-hit Americans who filed their taxes early have received, on average, smaller tax refunds this year, according to data published by the Internal Revenue Service (IRS). How a government shutdown would impact your money: Student loans, Social Security,…  Read more

Business Update – 14 February 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. The US economy is crushing it compared to other rich countries The US economy is expected to outpace Canada and Germany in 2024 despite inflation and interest rate hikes. Growth is fueled by consumer spending and business investments, while the Fed’s aggressive rate increases aim to control inflation. The…  Read more

Business Update – February 14 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. The US economy is crushing it compared to other rich countries The US economy is expected to outpace Canada and Germany in 2024 despite inflation and interest rate hikes. Growth is fueled by consumer spending and business investments, while the Fed’s aggressive rate increases aim to control inflation. The…  Read more

Business Update – February 7, 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Fed’s Powell sees lower rates on the horizon as inflation ebbs, economy bounces ahead Federal Reserve Chair Jerome Powell, in a sweeping endorsement of the U.S. economy’s strength, said on Wednesday that interest rates had peaked and would move lower in coming months, with inflation continuing to fall and…  Read more

Business Update – January 31, 2024

Getting caught up on a week that got away? Here’s your weekly digest of some stories relevant to business and the economy. By the numbers: U.S. Economy grows faster than expected for year and final quarter of 2023 The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) reported fourth quarter real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the fourth quarter of 2023 exceeding expectations.…  Read more

Business Update – 24 January 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Top 8 Global Business Trends for 2024 The U.S. Chamber of Commerce’s International team carefully tracks the top geopolitical, economic, and policy trends affecting global business. Here are eight to watch in 2024. How copyright lawsuits could kill OpenAI Late last year, the New York Times sued OpenAI and Microsoft,…  Read more

Business Update – January 17 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Why the U.S. may extend its run as the world’s leading economy The U.S., China and India may take turns leading the global economy this century, according to an analysis from the Centre for Economics and Business Research. US economy starting to look ‘more like the 1970s,’ JPMorgan Chase’s…  Read more

Business Update – January 10, 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Poll finds fewer Americans expecting economic slowdown now Most Americans continue to rate the economy negatively, but sentiment has been slightly improving of late, and Americans now think the longer-term outlook appears more stable. Initial US employment reports overstated by 439,000 jobs in 2023 The government erased 439,000 jobs…  Read more

Business Update – December 20, 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Fed keeps interest rates flat again—but barely budges on 2024 rate cut forecasts The Federal Reserve opted to hold interest rates at the same level they’ve sat since July, as the central bank’s impactful rate-hiking cycle appears all but over, though the Fed remains coy about doing a complete…  Read more

Business Update – December 13, 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Americans feeling inflation’s impact on living standards, opportunities A CBS News poll reveals that inflation is significantly impacting Americans, even amid stronger jobs reports and economists’ talk of “soft landings,” people say they still pay more attention to their own experiences than to macroeconomic measures — and an overwhelming…  Read more

Business Update – December 06, 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. US economy grows 5.2% in third quarter; higher interest rates eroding momentum The U.S. economy grew faster than initially thought in the third quarter as businesses built more warehouses and accumulated machinery equipment, but momentum appears to have since waned as higher borrowing costs curb hiring and spending. Jerome…  Read more

Business Update – November 29, 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Americans expected to increase spending this holiday season According to one survey, American shoppers are expected to spend 14% more this holiday season than they did in 2022, this despite inflation and high interest rates. Roxana Saberi has more. The looming office space real estate shortage. Yes, shortage There…  Read more

Business Update – November 22, 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. US renters remain burdened as insurance pressures on landlords mount Median renter households in the US remained burdened in the third quarter, with 30% of their income going to rent. Renters are considered “burdened” if their rent payments consume 30% or more of their gross, or pre-tax, income. Government shutdown averted:…  Read more

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