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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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The NFIB now says that small business optimism declined in August, as inflation concerns and labor shortages impacted entrepreneur outlooks.
Articles
NFIB tracks decline in Small Business Optimism over August
Colin Velez
Rising consumer prices drove small business optimism down in August, according to a report from the National Federation of Independent
The IRS is taking aggressive action against erroneous Employee Retention Tax Credit applications.
Small Business
IRS halts Employee Retention Credit processing – What SMBs need to know
Jaelyn Campbell
The Internal Revenue Service (IRS) is taking aggressive action against erroneous Employee Retention Tax Credit applications. The agency claimed it
In small business news: Exploring perspectives on the American Dream, Q2 GDP adjustments, and NVSBW's milestone year.
Small Business News
Small Business News | GDP revision, NVSBW’s 10th year, Biden’s Overtime policy
ASBN
Top Stories Small business owners share interpretations of American Dream in new study Small business owners shared their visions of
Square and Cash App went offline, making it impossible for many small businesses to accept or render payments for several hours.
Articles
Square and Cash App outage creates trouble for small businesses
Colin Velez
Payment processing platforms Square and Cash App suffered an outage on Thursday, September 8, preventing customers from making purchases and
Goldman Sachs will provide $100 million to fund, educate and support rural small business owners across the U.S.
Articles
Goldman Sachs commits $100 million for rural small business owners
Colin Velez
Goldman Sachs has committed $100 million to help rural small business owners raise capital and grow their enterprises. The banking
Buy with Prime
Articles
Shopify merchants can now use ‘Buy with Prime’ through Amazon integration
Jaelyn Campbell
Amazon recently unveiled the “Buy with Prime” app integration for Shopify retailers. The objective is to bridge the gap between
Intuit, the U.S. financial and accounting software giant, has unveiled its first customer-facing generative AI–powered solution:
Small Business News
Intuit launches its generative AI digital assistant for consumers and small businesses
Jaelyn Campbell
Intuit, the U.S. financial and accounting software giant, has unveiled its first customer-facing generative AI–powered solution: a digital assistant to
The Small Business Administration will supply $8 million to recipients of the 2023 Program for Investment in Micro-Entrepreneurs grant.
Articles
SBA announces $8 million grant for rural micro-entrepreneurs
Colin Velez
The Small Business Administration (SBA) will supply $8 million in funding to recipients of the 2023 Program for Investment in
According to the U.S. Department of Labor's proposed regulation, 3.6 million salaried employees will become eligible for overtime pay.
Small Business News
New Biden proposal could bring overtime pay to more than 3.6 million
Jaelyn Campbell
According to a newly U.S. Department of Labor proposed regulation, 3.6 million salaried employees will become eligible for overtime pay.
This week, on ASBN Small Business News, anchor Shyann Malone brings you up-to-speed on the latest tools and resources now available to SMBs.
Small Business News
Small Business News | Amazon expands resources for black entrepreneurs, Generative AI fuels cyberattacks
ASBN
Top Stories Amazon announces new alliances to support the growth of Black-owned businesses Amazon has revamped a series of programs
The Federal Reserve announced a 0.25% interest rate cut on Thursday, less than two days after Donald Trump’s election victory.
Articles
GDP estimate revised as economic growth slows in Q2
Colin Velez
A revised estimate provided by the U.S. Department of Commerce indicates that the pace of economic growth was slower than
Small business owners shared their visions of the American Dream in a survey hosted by web hosting platform GoDaddy.
Articles
Small business owners share interpretations of American Dream in new study
Colin Velez
Small business owners shared their visions of the American Dream in a survey hosted by web hosting platform GoDaddy, revealing
ASBN Small Business Network
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