Business Owners Face 2025 Minimum Wage Hikes—Here’s Where, and How Much
The New Year’s hourly base pay increases will add to the paychecks of 9.2 million workers in 23 states and 65 cities in 2025, bumping up business owners’ labor costs by $5.7 billion.
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Here’s What Looming Tax Hikes Could Mean for Small-Business Owners
The 20 percent Small Business Deduction has been the “single most beneficial tax deduction for small-business owners,” says one accountant.Inc. - 1d -
Trump Treasury secretary nominee won’t support raising minimum wage
Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...The Hill - 6d -
Scott Bessent believes federal minimum wage should not be increased
Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum wage is "more of a statewide" issue and that he believes there should ...NBC News - Jan. 16 -
Wildfires in L.A.: Where Small-Business Owners Can Find Aid, Even If Insurers Are Squeezed
Despite insurers’ retrenchment in California, the onus is still on them to make their claimants whole, an insurance industry watchdog says.Inc. - Jan. 15 -
‘How can you fit your life in a car?’ After Pacific Palisades fire, Malibu business owners face a grim new reality
When your neighborhood is destroyed by fire, what do you take with you? And how do you face the future?MarketWatch - Jan. 15 -
How much does it cost to insure 1-ounce gold bars in 2025?
Planning to add 1-ounce gold bars to your portfolio? here's what you could pay to insure them this year.CBS News - Jan. 10 -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8 -
Another year of big wage hikes likely at big Japan firms, business lobby chair says
Yahoo News - Jan. 7 -
It's time to boost 401(k) plan contributions for 2025 — here's how much more you can save
If you're feeling behind on retirement savings, you can make higher 401(k) plan deferrals and catch-up contributions for 2025. Here's what to know.CNBC - Jan. 3 -
How Business Owners Can Energize Their Teams and Hit Big Goals in 2025
Ditch predictable plans and inspire your team with bold moves and honest conversations.Inc. - Jan. 3
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Scale AI Sued For Subjecting Contract Workers to ‘Depraved’ Content
The data-labeling giant faces its second class action, alleging that AI training projects traumatized the company’s freelancers.Inc. - 14m -
The Cost of the Los Angeles Fires Is Looking Like $30 Billion—and Counting
While the insurance cost of the devastation is estimated to be around $30 billion, another tally puts the total damage at upward of $250 billion.Inc. - 49m -
OpenAI Launches Operator, Its First AI Agent
Operator can search the web, move a cursor, click on webpages, and generally do much of what a human can do.Inc. - 1h -
Here’s Why Apple’s iPhone Market Share in China Is Plunging
CEO Tim Cook has had over a decade to come up with a new growth engine for Apple and has not yet delivered.Inc. - 1h -
5 Reasons to Apply for Inc.’s Best Workplaces 2025
Joining this echelon of best-in-class workplaces, you could give your company’s recognition, recruitment, and retention a boost.Inc. - 1h
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Oil at 2-week low as Trump’s efforts to lower crude prices imply a boost in output
Oil futures finished Thursday at their lowest in two weeks after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil ...MarketWatch - 7m -
Trump may have given the Saudis and OPEC the excuse they needed to boost oil production
U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions, after his promise to ask the Saudis and OPEC to lower the cost of oil led to a downturn in crude prices.MarketWatch - 7m -
Trump may have given the Saudis and OPEC the excuse they needed to boost oil production
U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions, after his promise to ask the Saudis and OPEC to lower the cost of oil led to a downturn in crude prices.MarketWatch - 7m -
Judge halts Trump’s effort to end US citizenship at birth
Ruling in Washington state found the policy ‘blatantly unconstitutional’ in a hearing on ThursdayFinancial Times - 11m -
Store closures hit highest level since pandemic — see who is shutting down the most locations
The trend reflects the divide between retailers gaining market share, such as Walmart, and those that have lost ground or filed for bankruptcy, like Big Lots.CNBC - 14m