December Sales Rose for Small Businesses, Except Restaurants

The Fiserv Small Business index rose from November, as point-of-sale data showed a pickup in purchases during the end of the holiday season, possibly at the expense of dining out.

Inc. - 8h

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. - 14h

How Trump Could Impact Small Business in the Administration’s First 100 Days

Four ways Trump will influence small business.

Inc. - 3d

As the Los Angeles Wildfires Continue, Restaurants Rise Up

Even as it faces economic setbacks of its own, the hospitality industry is stepping up to feed emergency workers and evacuees.

The New York Times - 4d

D.C. Restaurants Look Ahead to Incoming Trump Administration

With Trump back in town, owners are wondering how the dining scene will shape up.

The New York Times - 5d

Everyone’s Favorite Small-Business Tax Deduction Gets a Boost for 2025 and More May Be on the Way

Section 179 gets a $30,000 increase, and keep your eye on bonus depreciation, too.

Inc. - 5d

British retail sales unexpectedly drop in December

Pound falls and gilts rally as investors bet on more interest rate cuts

Financial Times - 5d

Shares of Cartier owner Richemont jump 16% as sales rise in December quarter

Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.

CNBC - 6d

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The New York Times - Jan. 15

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

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The New York Times - Jan. 15

Tax Deadline for 2024 Disaster-Hit Small Businesses Nears

The IRS cautions many small businesses that the filing extension periods given after natural disasters last year will end in early February, though other will have until May.

Inc. - Jan. 15

Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office

Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden administration as he re-takes the White House next week.

NBC News - Jan. 15

Justin Trudeau Is Leaving a Job No One Seems to Want, Except Mark Carney

The former Bank of England and Bank of Canada governor says he is considering running for leader of Canada’s Liberal Party and prime minister.

The Wall Street Journal - Jan. 14

Small Businesses and Homeowners in My Hometown Are Grappling With California’s Broken Insurance Market

One business owner in Altadena, where I once lived, would love to rebuild. But all of her customers lost their homes.

Inc. - Jan. 13

The delights of Hong Kong’s iconic ‘tea restaurants’

Cha chaan tengs — frenetic, no-frills eateries where bankers share tables with builders — bring together local dishes and western imports in a uniquely delicious mix

Financial Times - Jan. 13

L.A. small businesses see years of work reduced to ash

From a decades-old diner to a yoga studio just getting off the ground, storefronts that anchored their communities were destroyed by the Palisades and Eaton fires.

NBC News - Jan. 12

What Will Manhattan Congestion Pricing Do to Restaurants?

Days into the new charges, some restaurant owners say suppliers are raising prices. Others are giving customer discounts, and many fear the fallout for workers.

The New York Times - Jan. 11

Small Business Administration aid for Los Angeles area wildfire victims

There may be some relief for business owners and others who may qualify for loans from the Small Business Administration. CBS News Los Angeles' Joy Benedict has more.

CBS News - Jan. 10

December jobs report exceeds expectations

The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.

CBS News - Jan. 10

How Gen AI Helps Small Businesses Recruit Better Employees, and More Efficiently

A new survey reveals a large number of small companies haven’t used AI much—or at all. Those that have report significant hiring benefits as a result.

Inc. - Jan. 9

The dangerous combination fueling the L.A. fires: Exceptional dryness and strong winds

Prolonged drought, an exceptionally dry winter and powerful Santa Ana winds set up a dangerous triple whammy of extreme conditions that have fueled several out-of-control wildfires in the Los ...

NBC News - Jan. 9

Joni Ernst Tapped to Lead Senate Committee on Small Business and Entrepreneurship

Ernst, who is one of the top Republicans in the Senate, teased visions for what her leadership of the committee will aim to tackle.

Inc. - Jan. 8

Universal Studios Hollywood, longtime Malibu restaurants and other L.A.-area business affected by the fires

Universal Studios Hollywood theme park and CityWalk will be closed Wednesday due to the fires and extreme wind conditions.

Los Angeles Times - Jan. 8

No one is above the law — except Trump

By artifice, luck, disinformation and extraordinary political success, Trump has shown that the only verdict that counts is in the court of public opinion.

The Hill - Jan. 7

Euro zone inflation rose to 2.4% in December, meeting expectations

Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.

CNBC - Jan. 7

December sales provide little cheer for retailers

Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.

BBC News - Jan. 7

How Congestion Pricing Will Affect Small Businesses

New York City’s controversial new toll could hurt small businesses by making deliveries more expensive—or help them by reducing traffic jams.

Inc. - Jan. 6

5 Supreme Court Cases That Could Have a Big Impact on Small Businesses in 2025

These cases will shape business decisions for years to come, according to legal experts.

Inc. - Jan. 6

All quiet at the Capitol — except for the massive security operation

Politico - Jan. 6

Start January Strong by Turning Post-Holiday Energy Into Small-Business Success

After a well-deserved winter break, small-business leaders often return brimming with ideas. Here’s how to focus, prioritize, and build momentum for a productive year ahead.

Inc. - Jan. 5

Labor groups cheer Biden dismissal of US Steel sale as businesses bristle

Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...

The Hill - Jan. 3

How Three Small Independent Coffee Shops Started Their Businesses

The owners began their businesses with no college degrees and 100 percent grit. A visit from the TikTok food critic Keith Lee also helped.

The New York Times - Jan. 3

These restaurant chains closed locations in 2024

Wendy's, Applebee's and Red Lobster were among the chains that announced restaurant closures in 2024.

CNBC - Jan. 2

Small Businesses Brace Themselves for TikTok Ban

If the Jan. 19 ban on the popular social video platform goes into effect, millions of entrepreneurs will lose a valuable marketing and outreach channel.

Inc. - Jan. 2

BYD, Chinese EV Peers Post Record Sales for December

Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.

The Wall Street Journal - Jan. 1

Small-boat crossing arrivals to UK rose 25% in 2024, data shows

Home Office figures will add to pressure on Keir Starmer to curb irregular migration via English Channel

Financial Times - Jan. 1

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