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Fed raises rates, but small businesses may find room to plan ahead
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Fed raises rates, but small businesses may find room to plan ahead

Jaelyn Campbell

The Federal Open Market Committee (FOMC) raised the federal funds target range to 3.75% to 4% Wednesday, marking the first rate increase

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This week, on ASBN Small Business News, Shyann Malone brings you up to speed on the latest tools and resources available for small businesses.
Small Business News
Small Business News | Interest rates challenge SMBs, Corporate Transparency Act takes effect, SBA collects pandemic-era loans
Jaelyn Campbell
This week, on ASBN Small Business News, anchor Shyann Malone brings you up to speed on the latest tools and
Small business owners felt confident entering the holiday season in spite of economic difficulties including interest rates and credit access.
Articles
Small business owners felt confident in Q4, interest rates remain key obstacle
Colin Velez
Small business owners felt mostly optimistic during the holiday season, even as concerns over high interest rates held back economic
The Corporate Transparency Act now requires big and small businesses to file reports identifying "beneficiary owners."
Articles
Corporate Transparency Act: small businesses now required to identify “beneficiary owners”
Colin Velez
Small businesses are now required to submit additional paperwork to the Treasury Department following the enactment of the Corporate Transparency
The Small Business Administration will now collect on delinquent pandemic-era loans worth less than $100,000 under pressure from Congress.
Articles
SBA expands collection activities on delinquent pandemic-era loans
Colin Velez
The Small Business Administration (SBA) will begin collection activities on delinquent pandemic-era loans under $100,000 after facing pressure from Republican
President Biden vetoed a resolution that would have repealed the Consumer Financial Protection Bureau's (CFPB) small-business lending rule.
Small Business News
Biden vetoes Republican-led push to overturn new CFPB rule
Jaelyn Campbell
On December 19, President Joe Biden vetoed a resolution that would have repealed the Consumer Financial Protection Bureau’s (CFPB) small-business
This week, on ASBN Small Business News, anchor Shyann Malone brings you up to speed on the latest tools and resources
Small Business News
Small Business News | SBA launches holiday campaign, Fed reveals interest rate plans, new consumer sentiment survey
ASBN
This week, on ASBN Small Business News, anchor Shyann Malone brings you up to speed on the latest tools and
Small business owners expressed lower confidence toward the economy in Q4 than in Q3, despite strong holiday sales and cooling inflation.
Articles
Economic confidence retreats from 3-year high among small business owners
Colin Velez
Small business owners felt less confident in the economy over the fourth quarter than during the third, despite record-breaking holiday
The Federal Reserve has decided to hold interest rates steady for the third time, while announcing plans to cut rates in 2024.
Articles
Federal Reserve holds interest rates steady, announces rate cuts for 2024
Colin Velez
In its post-meeting media conference, the Federal Reserve announced it would again hold interest rates steady and revealed plans to
Consumers and entrepreneurs differed on the economy in separate monthly reports but agreed that inflation remains a challenge.
Small Business News
Inflation expectations shift among consumers, small business owners
Colin Velez
Consumers expect inflation to increase at the slowest pace since early 2021, indicating Americans have grown more confident in the
The IRS is rejecting more than 20,000 applicants for the employee retention credit or ERC after a surge of fraudulent claims in mid-2023.
Articles
IRS rejects 20,000 ERC claims, announces voluntary disclosure program
Colin Velez
The IRS is rejecting more than 20,000 applicants who filed for the employee retention credit or ERC as part of
Small business news: SMBs navigate holiday sales, bonus reductions, and shipping challenges during a crucial sales season.
Small Business News
Small Business News | Holiday shipping deadlines, 2024 eCommerce strategies, seasonal revenue trends
Colin Velez
This week, on ASBN Small Business News, anchor Shyann Malone brings you up to speed on the latest tools and
The Small Business Administration has launched a new campaign to drive more holiday shopping traffic to local brands.
Articles
SBA launches new initiative to boost holiday shopping at small businesses
Colin Velez
The U.S. Small Business Administration (SBA) has launched a new campaign to drive more holiday shopping traffic to smaller brands.
ASBN Small Business Network
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