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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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U.S. job growth remained steady in June, with 147,000 new positions added, above this year’s monthly average but below last year’s pace.
Startup
U.S. job growth steady but slowing as small businesses struggle to hire
ASBN Newsroom
U.S. job growth remained steady in June, with 147,000 new positions added, above this year’s monthly average but below last
The Feds held its benchmark short-term interest rate unchanged Wednesday for the fifth time this year, maintaining the rate near 4.3%.
Articles
Fed holds rates steady amid internal split, Trump pressure
ASBN Newsroom
The Federal Reserve held its benchmark short-term interest rate unchanged Wednesday for the fifth time this year, maintaining the rate
Articles
US job openings decline to 7.4M in June as market continues to cool
Jasmine Kiniklis
The U.S. Labor Department reported on Tuesday that there were 7.4 million job openings in June, a slight decline from
Most U.S. small businesses entered 2025 bracing for a slowdown, but new survey data shows many are outperforming expectations.
Articles
Small businesses defy tariff turmoil with surprising optimism
ASBN Newsroom
Most U.S. small businesses entered 2025 bracing for a slowdown, but new survey data shows many are outperforming expectations and
inflation
Articles
Inflation cools in June as Trump pressures Fed to slash rates
Jasmine Kiniklis
Inflation rose 2.7% year-over-year in June, marking a notable surge of 2.4% from May, when President Trump’s tariff policies took
The U.S. SBA and the DOL have agreed to sign a new MOU, aimed at boosting the American manufacturing sector.
Growth Strategy
SBA, Labor Department sign MOU to strengthen U.S. manufacturing workforce
Jaelyn Campbell
The U.S. Small Business Administration (SBA) and the Department of Labor (DOL) have agreed to sign a new Memorandum of
tariffs
Articles
U.S.-Canada trade tension escalates as Trump imposes 35% tariffs
ASBN Newsroom
President Donald Trump has announced a sharp escalation in trade tensions with Canada, stating he will raise tariffs on many
The latest NFIB report, Small business sentiment remains stable in June, though lingering inventory challenges threaten slow growth
Articles
Small business optimism steady in June as hiring and inventory issues persist
Jaelyn Campbell
According to the latest National Federation of Independent Business (NFIB) report, Small business sentiment remains primarily stable in June, though
SBA launches 8(a) program audit
Articles
SBA launches sweeping 8(a) program audit after $550M fraud uncovered
ASBN Newsroom
The U.S. Small Business Administration (SBA) has launched a full-scale audit of its 8(a) Business Development Program following a Department
On July 4, President Donald Trump signed the One Big Beautiful Bill into law, securing a major legislative victory.
Articles
Trump signs sweeping tax bill, delivers major win for small businesses
ASBN Newsroom
On July 4, President Donald Trump signed the One Big Beautiful Bill into law, securing a major legislative victory that
Small Business News
Small business optimism rises, but taxes tops list of concerns
Jasmine Kiniklis
Small business optimism rose three points to 98.8 in May, slightly above the 51-year average, according to NFIB’s May 2025
small business owners
Articles
Most small business owners are optimistic despite economic uncertainty, survey finds
Jasmine Kiniklis
Approximately 42% of U.S. small business owners (SBOs) report being “very” happy, according to VistaPrint’s 2025 Small Business Happiness Report.
ASBN Small Business Network
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