Small Business Administration Expected to Cut 40 of Staff
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Small Business Administration cutting staff by 43%
The Small Business Administration on Friday said it is cutting more than 40% of its staff as part of the Trump administration's wider effort to shrink the federal bureaucracy.CBS News - 6h -
SBA cutting 40 percent of workforce
The Small Business Administration (SBA) plans to cut more than 40 percent of its workforce amid an agency-wide restructuring, it announced Friday. The agency will cut about 2,700 positions out of ...The Hill - 6h -
US small business agency to oversee student loans
The Small Business Administration will now manage the loans of some 40 million US borrowers.BBC News - 4h -
Trump says student loans will be handled by Small Business Administration
President Donald Trump said Friday that the Small Business Administration, instead of the U.S.NBC News - 2h -
Trump says student loans will be handled by Small Business Administration
President Donald Trump said Friday that the Small Business Administration, instead of the Education Department, would handle the country's student loans.CNBC - 5h -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - Mar. 9 -
Trump announces the Small Business Administration will handle student loans
President Trump announced that the Small Business Administration would take over the handling of student loans after he signed an executive order aimed at dismantling the Department of Education.NBC News - 6h -
Trump announces the Small Business Administration will handle student loans
President Trump announced that the Small Business Administration would take over the handling of student loans after he signed an executive order aimed at dismantling the Department of Education.NBC News - 6h -
Cuts to Small Business Support Trigger Pushback From GOP Lawmakers
An executive order to cut an agency that has helped finance businesses and communities in remote, disadvantaged locations isn’t supported by some prominent Republican legislators.Inc. - 1d -
Trump administration cuts export office staff amid escalating trade war
The Trump administration has fired numerous employees at the International Trade Administration (ITA), a Commerce Department branch that is set to play a key role in enacting President Trump’s ...The Hill - Mar. 13 -
Treasury Department to cut IRS taxpayer advocate staff
The Trump administration is intending to make cuts to the office of the National Taxpayer Advocate (NTA) — its third announced staffing reduction at the Internal Revenue Service that comes amid a ...The Hill - 3d -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - Mar. 10 -
Food Safety Jeopardized by Onslaught of Funding and Staff Cuts
The Trump administration halted some food testing and shut down a committee studying bacteria in infant formula. Earlier funding cutbacks under the Biden administration now threaten state labs and ...The New York Times - 2d -
Food Safety Jeopardized by Onslaught of Funding and Staff Cuts
The Trump administration halted some food testing and shut down a committee studying bacteria in infant formula. Earlier funding cutbacks under the Biden administration now threaten state labs and ...The New York Times - 2d -
$70,000 more a year for eggs: How price hikes are hurting small businesses
As egg prices continue to skyrocket, small businesses grapple with how to avoid passing on the increase to their customers.ABC News - Mar. 8 -
Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners
The Green Mountain State's small businesses are getting caught in the tariff crossfire between the United States and Canada.CNBC - 6d -
Small business optimism falls at fastest pace in 5 years: NFIB
Small business optimism is faltering as stock markets are dropping and a range of macroeconomic and policy uncertainties are weighing on the business outlook. The National Federation of Independent ...The Hill - Mar. 11 -
Which Social Security offices are expected to close this year?
Dozens of Social Security Administration offices across the country are expected to close this year as part of the Department of Government Efficiency’s (DOGE) cuts to the federal government. DOGE ...The Hill - 2d -
Young Professionals Are Increasingly Turning to Boring Small-Business Niches
Younger would-be chief executives are increasingly seeking profits — and freedom from the 9-to-5 — by pivoting from corporate jobs into often unglamorous small-business niches.The New York Times - Mar. 12 -
Trump says Education Dept. shouldn't handle student loans: 'Not their business'
It's a major challenge to the Trump administration's plans to dismantle the Education Department: How to transfer the loan accounts of over 40 million people.CNBC - Mar. 11 -
Big Company CEOs Join Small Businesses, as Economic Confidence Wanes Amid Tariffs
A new survey of Business Roundtable CEOs mirrors earlier drops in small-business confidence.Inc. - Mar. 13 -
Tribes and Students Sue Trump Administration Over Firings at Native Schools
More than one quarter of the staff members at the only two federally run colleges for Native students were cut in February.The New York Times - Mar. 9 -
Many in small business were jubilant over Trump’s victory. They’ve since grown very uncertain about the U.S. economy.
Small-business owners — a group that emphatically cheered the election of President Donald Trump and a Republican Congress — now have nearly historic levels of uncertainty about the future.MarketWatch - Mar. 11 -
Tariffs could make some popular side hustles and small businesses harder to run: 'The expenses have already started,' CEO says
The Trump administration's China tariffs could have an unintended consequence, some CEOs say: a higher barrier to entry for American entrepreneurs.CNBC - Mar. 10 -
Staff shortages halt some federal weather balloon launches amid Trump cuts
The Trump administration is pausing at least a handful of balloon launches that collect weather data in at least three locations due to staffing shortages. On Friday, the administration said it ...The Hill - Mar. 11 -
These are the 10 cheapest states to start a new business in the U.S.
Utah is the least expensive state to start a new business, according to a new ranking from online small business advisor SimplifyLLC.CNBC - 3d -
EU debates ways to keep Radio Free Europe afloat after Trump orders staff cuts
European Union government ministers are debating ways to keep Radio Free Europe afloat after the Trump administration stopped grants to the pro-democracy media outlet over the weekendABC News - 3d -
Federal Agency Dedicated to Mental Illness and Addiction Faces Huge Cuts
The Substance Abuse and Mental Health Services Administration has already closed offices and could see staff numbers reduced by 50 percent.The New York Times - Mar. 13 -
DOGE chief Elon Musk says he's running businesses 'with great difficulty' as Tesla shares tank
The Tesla CEO Musk said he expected to realize $1 trillion in government savings for the Trump administration as part of the DOGE project.CNBC - Mar. 11 -
NOAA cuts raising concerns over public safety
Another wave of mass firings could be hitting the National Oceanic and Atmospheric Administration. The agency, which includes the National Weather Service, could ultimately lose about 20% of its ...CBS News - Mar. 10 -
Columbia agrees to Trump administration's demands after funding cut
Columbia University said Friday it has agreed to a list of demands from the Trump administration as it seeks to begin talks to restore $400 million in federal funding. After the administration cut ...The Hill - 1h -
The 10 most expensive places in the U.S. to start a new business, report finds
California and New York's high costs of living make them expensive for new business owners, according to a recent ranking from an online small business advisor.CNBC - 1d -
Trump says student loans moving to SBA, 'special needs' to HHS
President Trump said Friday he is “immediately” moving the handling of federal student loans to the Small Business Administration (SBA), and shifting programs for students with disabilities to the ...The Hill - 6h -
Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted
As the Social Security Administration cuts staff, that could impact the agency's ability to pay millions of benefit checks each month, Democratic senators warn.CNBC - Mar. 12 -
More NOAA Employees May Be Let Go, Making 20% of Staff Cut
Together with recent firings and resignations, the new cuts could hamper the National Weather Service’s ability to produce lifesaving forecasts, scientists say.The New York Times - Mar. 10 -
Cash in at Tax Time: Here Are the Small Business Tax Benefits of Financing and Leasing Equipment
Whether you finance or lease business equipment and vehicles, there are clear tax benefits unique to both. Here’s what you need to know.Inc. - 3d -
Judge blocks Trump administration plan to cut millions for teacher training
Eight states had requested a temporary restraining order, which judge granted saying ‘programs ... will be gutted’ . A federal judge in Boston on Tuesday blocked the Trump administration’s plan to ...The Guardian - Mar. 12 -
‘Shark Tank’ and Clover Are Launching a Summit for Small Business Owners
Mark Cuban and other entrepreneurs announced the Clover x Shark Tank Summit, set to take place in Las Vegas in September.Inc. - Mar. 10 -
Small Businesses Still Struggle to Hire, Despite Rising Recession Fears
The NFIB’s monthly poll of entrepreneurs lists recruitment problems, inflation, and the general outlook for economic growth as leading concerns.Inc. - Mar. 11 -
Small Business Association to oversee student loans, Trump says
The president also said the Department of Health will handle special education and school nutrition programs.NBC News - 11h