Texas is now the national leader in business finance.
Texas is now the national leader in business finance. Welcome to Y’all Street. pic.twitter.com/LpbWaPg3yX — Greg Abbott (@GregAbbott_TX) August 18, 2024
business
Homelessness is big business in Seattle
THE MORE MONEY YOU SPEND ON HOMELESSNESS, THE MORE OF IT YOU BUY: “That’s the equivalent of spending… $1,137,256 per person to exit homelessness.” Despite spending over $1.1 million for each of the only 126 people who transitioned out of homelessness, Washington Democrat Governor Jay Inslee claimed that his initiative for removing encampments from state land and getting …
OUT OF BUSINESS! ALL 553 STORES ARE CLOSING!
It’s amazing that you can have businesses that have been around for a well over 130 years and even survived the great depression but the economy today is so bad that, only now today they are going out of business. In many ways, this is the worst economy that we have ever experienced considering on …
Small Business Employment Growth Is Now Negative (and What It Means)
by Mike Shedlock ADP data shows year-over-year payroll growth is negative 88,000 for small corporations sized 20-49. Trends are negative in all but very large corporations. Data from ADP, chart by Mish I created some new charts today from a download of the ADP National Employment Report for July. Year-Over-Year Payroll Growth Key Points Trends are very …
DEI is no longer business critical
Wokeness is their god. pic.twitter.com/s6CPpw0nUH — Planet Of Memes (@PlanetOfMemes) July 16, 2024
French state business model unsustainable with 5% fiscal deficit; next recession will worsen it.
It is worse than that. Even their advantages have a downside. Unlike the US most EU countries have exercised good debt management and have long average maturities. A higher for longer scenario is not their friend as debt gets rolled over. #EU #France #debt #deficit — Jacobo Pascual (@jacobotweetsnow) July 16, 2024 Current Fiscal Deficit: …
Small business job openings fell below pre-2020 levels in June
2YR/10YR Treasury spread steepening in response? Buckle up! — B_radRiffs (@B_radRiffs) July 9, 2024 WASHINGTON (AP) — U.S. job openings fell in April to the lowest level since 2021. But they remained at historically strong levels despite high interest rates and signs the economy is slowing. The Labor Department reported Tuesday that employers posted 8.1 …
US consumer confidence dips, with just 12.5% expecting better business conditions over next 6 months.
US consumer confidence eased this month due to a more muted outlook for business conditions, the job market, and incomes. The Conference Board’s gauge of sentiment decreased to 100.4 from a downwardly revised 101.3 reading in May . Specifically, expectations for the next six months fell nearly 2 points to 73, while present conditions increased from a …
Business cycle be cycling in Canada
Business cycle be cycling in Canada Tiff didn’t cut the rate just for fun #MacroEdge pic.twitter.com/ZZj11xvipD — Don Johnson (@DonMiami3) June 18, 2024 At least one thing going up in Canada pic.twitter.com/t2YfauFnnd — Michael A. Arouet (@MichaelAArouet) June 16, 2024
DC’s Startup Business Failure Rate Is Highest in the Country
The D.C. region is consistently ranked as one of the top cities for entrepreneurs and startup businesses, but the failure rate of new businesses is also high. According to LendingTree research, the failure rate of D.C. startups during their first year in business is 32.2%, compared to 23.2% nationally. That’s based on the latest data from …
AMC has a terrible business model.
by Iamooble In my honest opinion I see AMC as a parasite with a horrible business model. Every AMC I’ve been to across the states is nothing more than a parasite. Not only are actual AMC theaters deteriorating in quality due to shitty management, but they are in horrible areas 9/10 times. How has this …
Rubio’s fast food chain closing 48 CA locations due to ‘rising cost of doing business
Rubio’s Coastal Grill, a beloved restaurant chain known for its fish tacos, is indeed closing 48 locations in California due to the “rising cost of doing business.” These closures represent about a third of the Rubio’s locations in California, Nevada, and Arizona. Here are the key points: Reason for Closures: The decision to close these locations was influenced by …
NYC – When a cop tells you to do something, you f**king do it,!” Business owner arrested after asking to see warrant
As a new mayoral task force conducts sweeps of hundreds of shops suspected of selling illegal weed, a video of a raid on a Staten Island store obtained by THE CITY captures how enlisting police to conduct regulatory inspections can lead to criminal charges, igniting concerns about potential due process violations. The 90-second clip taken …
They seem to have learned from their costly mistakes — which ought to be taught in business school as the biggest series of self-owns in corporate history.
Your favorite brand no longer cares about being woke. For most of advertising history, “red” or “blue” as partisan loyalty signaled more your taste for Coke or Pepsi than your identity as Republican or Democrat. Mass markets, by definition, necessitated selling to both sides of the aisle. As with so much else, the presidency of …
I see articles like this every day now. These are huge red flags that we are very late in this business cycle.
We have fully realized the vision where GDP grows and bottom half gets none of it. Not technically a recession. Most Americans falsely think the U.S. is in recession According to a new Guardian/Harris poll, 56% of respondents said they believe the U.S. is in a recession. A recession is an extended period of economic …
QUESTION: If your family is not engaged in business endeavours but instead dedicated their lives to public service, is it normal to have 233 bank accounts for 175 LLCs?
QUESTION: If your family is not engaged in business endeavours but instead dedicated their lives to public service, is it normal to have 233 bank accounts for 175 LLCs? Asking for a friend and a nation… pic.twitter.com/87I73QSfb5 — @amuse (@amuse) May 16, 2024 CORRUPTION: New bank accounts of the Biden family have been found which …
The EU Chamber of Commerce report reveals unprecedented plunge in business sentiment in China.
BofA Fund Manager Survey – Investors' exposure to China (%) pic.twitter.com/aimZGxnhhQ — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) May 9, 2024 The EU Chamber of Commerce’s report reveals a dramatic decline in business sentiment among European firms in China, signaling a major shift in global investment patterns. This downturn underscores mounting concerns about China’s economic …
Amazon Grocery Stores Are Falling Apart All Around Us As Business Face Massive Challenges
People from all over the U.S. are getting outraged by the price increases they’re seeing at grocery store chains operated by Amazon. The behemoth retailer is also raising service fees, and shutting down more unprofitable locations this month, even after laying off almost 30,000 employees over the last year, and reporting record profits for the …
Small business optimism hits 11-year low amid soaring inflation and labor force challenges.
With small business optimism plummeting to an 11-year low, exacerbated by surging inflation and a shrinking labor force due to post-COVID government benefits, concerns mount about the economic landscape. As rents rise, hiring plans falter, and easy money policies end, a challenging environment emerges where success becomes increasingly elusive. Small business optimism hits fresh 11 …
Google plans to layoff thousands of employees in their finance, business operations due to AI. Plans to relocate jobs overseas.
BREAKING: Google plans to layoff thousands of employees in their finance, business operations due to AI. They also plan to offshore to India, Mexico, and Ireland pic.twitter.com/wySla41WH1 — Financelot (@FinanceLancelot) April 18, 2024 The layoff spree in the tech industry is showing no signs of slowing down as Google announced restructuring plans, which involve some …
Target Is Getting Crushed While More Retail Business Chains Collapse
Target, once the darling of the retail industry, is witnessing a notable decline this year. This retail giant, known for its commitment to quality, style, and affordability, has faced various challenges that have impacted its market position. Their financial performance has taken a nosedive, with profits dropping dramatically over the past year. Recently, its management …
NPR senior business editor Uri Berliner: “I’ve Been at NPR for 25 Years. Here’s How We Lost America’s Trust.”
You know the stereotype of the NPR listener: an EV-driving, Wordle-playing, tote bag–carrying coastal elite. It doesn’t precisely describe me, but it’s not far off. I’m Sarah Lawrence–educated, was raised by a lesbian peace activist mother, I drive a Subaru, and Spotify says my listening habits are most similar to people in Berkeley. I fit the …
Small Business Optimism Index hits lowest since Dec 2012, marking 3rd consecutive decline, 50th straight month below 50-year average.
The outlook for small business sales is beginning to decline, historically signaling a challenging macroeconomic environment. The Small Business Optimism Index plummeted to its lowest level in March since December 2012, marking the third consecutive decline and the 50th consecutive month below the 50-year average of 98. Small biz sales outlook starting to deteriorate… Historically …
Target Is Dying Before Our Eyes As Retail Business Continues To Collapse
The Target corporation was once known for being a retail giant and a very popular household name. The founder of the Target Corporation, George Dayton created the business with the people and community in mind. E-commerce came in and changed the game for traditional retail, this led to shifts in consumer behavior and expectations. Dive …
We can only hope they all go out of business.
Is the US media layoffs phenomenon the next housing crisis? In the past few months, the media sector in the United States has gone through one of its worst rounds of layoffs in decades, with some voices within the sector even asking if journalism is a viable career path despite surging subscriptions at publications like …
Get used to running a business in a high rate environment. The FED can get an earful all day but they can’t stop this inflationary cycle we are in.
“The total cost to invest is very high, and the return on that investment is very long and getting longer,” she said. Small manufacturing companies with young leaders “have never run a business with interest rates like this… it’s uncharted territory for us.” https://www.reuters.com/markets/us/fed-chair-powell-says-pandemic-has-had-lasting-effects-economy-2024-03-22/ Look at the chart below and join a team: No landing (the …
Makes you wonder why he started a business in the first place.
Bar Will Shut Down to Avoid Serving Donald Trump’s Supporters During RNC AMilwaukee bar owner plans to temporarily shutter his establishment during the Republican National Convention (RNC) this summer to avoid serving supporters of former President Donald Trump. The RNC will be held in Milwaukee, Wisconsin, from July 15 to 18. After Trump reached the …