Small Business

MoMo Productions | Stone | Getty Images Amid the “Great Resignation” and ongoing pandemic, millions of Americans are quitting their jobs to become their own bosses. In October, there were about 9.44 million unincorporated self-employed individuals in the U.S., according to data from the U.S. Bureau of Labor Statistics. Since April 2020, the number of
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Jennifer Sutton, pictured with her children, quit her job this year to open Guest Haus Juicery & Matcha Bar in Park City, Utah. Courtesy: Jennifer Sutton Jennifer Sutton was burned out. When the Covid-19 pandemic hit, the 37-year-old advertising executive suddenly found herself juggling work and remote schooling for her two young children. Even when
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Christopher Willard | Disney General Entertainment Content | Getty Images Some valuable firms like Hermes demonstrate there’s brand value preserved in keeping the business under family control. Others prove that the family connection can help restore belief in a damaged brand — Toyota after its unintended acceleration crisis in 2010 is an example. But those
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Morsa Images | DigitalVision | Getty Images Job listings are requiring applicants get vaccinated in increasing numbers, and the trend appears poised to continue. The number of job postings mandating candidates have a Covid-19 vaccine doubled since the end of September, according to an analysis published Tuesday by Ladders, a career site for higher earners.
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Ruby Bugarin owns two restaurants in California and is being hit by rising supply chain struggles and inflation. Courtesy: Ruby Bugarin Restaurants around the county were looking ahead to the economy’s reopening over the last few months, as Covid vaccines became more widespread and pent-up consumer demand was palpable. But headwinds from supply chain disruptions
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Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021. Al Drago | Bloomberg | Getty Images The Federal Deposit Insurance Corp. will unveil this week a new investment fund backed by corporate giants that
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Phil Roeder Congressional Democrats are considering reforms to the 20% pass-through tax deduction as part of a $3.5 trillion federal spending package. Democrats’ proposal would phase out the tax break for business owners with taxable income exceeding $400,000, according to a discussion list obtained by CNBC. It would also make the tax cut available to
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Former Democratic Senator Heidi Heitkamp, one of the party’s leading voices on tax policy, said President Joe Biden’s proposal to tax appreciated assets upon death would hurt family farms and family-owned businesses. “I’m trying to sound the alarm, both economically and politically, for Democrats that this is not a path to walk,” she said in
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