Westend61 | Westend61 | Getty Images Between rising costs for groceries and fuel, increased debt levels, and shrinking savings, people are having trouble seeing the overall economic growth reflected in their bank accounts. Our recent research with CNBC showed that the “vibecession” has a hold over many people, and now those sentiments appear to resonate with
Small Business
U.S. President Joe Biden delivers remarks on lowering costs for American families during a visit to Goffstown, New Hampshire, U.S., March 11, 2024. Kevin Lamarque | Reuters The fight against inflation was going well for the Federal Reserve and economy for much of last year and into 2024, but one important demographic remained unconvinced about
The Junior Achievement Free Enterprise Center located in Greenwood Village, Colorado, is where high school students can explore careers and develop a plan to pursue their goals. The center aims to inspire the next generation of entrepreneurs. Entrepreneurship is a common goal for younger people. More than half, or 54%, of Gen Z adults say that
A man checks the label of a vitamins jar at a Costco Wholesale store on April 3, 2024 in Colchester, Vermont. Robert Nickelsberg | Getty Images Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is still very much a problem. At a time when
Amanda Edwards | Getty Images Entertainment | Getty Images In Middletown, Ohio, a line of fans snaked around the Skateway’s parking lot on Presidents Day. Traffic backed up on the main street out front. A pizza truck lumbered into the already crowded lot to deliver some pies. A crowd of predominantly young girls showed off Taylor
Momo Productions | Digitalvision | Getty Images Even in the face of stubborn inflation, small business owners are striking a more positive tone. Optimism surrounding the economy is rising and the CNBC|SurveyMonkey Small Business Confidence Index reached its highest level since President Joe Biden took office, according to the latest quarterly data released on Thursday
People hold signs as they attend a press conference at City Hall Park on April 10, 2023 in New York City. Michael M. Santiago | Getty Images As we enter an election year, Americans’ perceptions of economic health matter more than ever. Small business owners are often seen as a bellwether given how acutely they
Venita Cooper, founder of Silhouette Sneakers & Art in the Greenwood district of Tulsa, Oklahoma. Parnia Mazhar| NBC News. TULSA — Nestled among rows of colorful shoes lining the walls of Silhouette Sneakers & Art, a framed black-and-white photo reminds owner Venita Cooper of the giants whose shoulders she stands on. Overlaid on that picture
U.S. President Joe Biden speaks during a Rose Garden event at the White House to mark National Small Business Week on May 1, 2023 in Washington, DC. Alex Wong | Getty Images Small business owners are more optimistic to start the year, even as they face persistent inflation and lending concerns, a new poll released
US President Joe Biden speaks about strengthening US ports and supply chains after the International Longshore and Warehouse Union and the Pacific Maritime Association finalized a new contract covering west coast ports, in the State Dining Room of the White House in Washington, DC, on September 6, 2023. Jim Watson | Afp | Getty Images
IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong | Getty Images The IRS is sending more than 20,000 rejection letters to taxpayers who wrongly claimed a pandemic-era tax break as the agency continues its crackdown on “dubious” filings. Created to support small businesses during the
People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post | Getty Images The Supreme Court is set to hear oral arguments Tuesday on a case that could affect broad swaths of the U.S. tax code and federal revenue. The closely watched case, Moore v.