Economy

21 10, 2023

5 Ways to Take Advantage of Alternative Lending During The Holidays

2023-10-21T14:14:39+00:00

Every year, it seems the holiday season unofficially starts earlier and earlier. This is being written in October; it’s not even Halloween and yet we’re seeing Santas in full force in many brick-and-mortar stores as well as online shops. The December holidays are anticipated with great glee by many people and it’s meant to be [...]

5 Ways to Take Advantage of Alternative Lending During The Holidays2023-10-21T14:14:39+00:00
11 10, 2023

How The United Auto Workers Strike Could Have a Significant Impact on Business Owners

2023-10-11T03:53:32+00:00

Since the end of September, over 17,000 members of the United Auto Workers (UAW) have been on strike against Detroit’s Big Three auto companies. Their demands include the following: A 46% pay increase A four-day work week with overtime pay beyond 32 hours Union representation at new electric battery plants The end of employment tiers [...]

How The United Auto Workers Strike Could Have a Significant Impact on Business Owners2023-10-11T03:53:32+00:00
29 07, 2023

Banks Want Deposits, Not Loans. What Does This Mean for Business Owners?

2023-07-29T21:39:53+00:00

While there are certainly many nuances to banking that are not cut and dried, at its core, banks serve as intermediaries between depositors and borrowers. Depositors are paid interest based on the amount of money they bank, and borrowers are charged interest—at a higher rate than depositors are paid—on the amount of money they are [...]

Banks Want Deposits, Not Loans. What Does This Mean for Business Owners?2023-07-29T21:39:53+00:00
21 12, 2022

Federal Reserve Clamps Down On Inflation And The Impact on Small Business

2022-12-21T02:04:52+00:00

It’s no secret that inflation has been exceptionally high this year and the Federal Reserve has been taking steps to help tame it, specifically raising interest rates at an unprecedented pace. The hope is that rate hikes will temper demand for consumer goods and services by making it more expensive to borrow money.   There [...]

Federal Reserve Clamps Down On Inflation And The Impact on Small Business2022-12-21T02:04:52+00:00
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