There are a million things to consider when you’re running a small- or medium-sized business, and it’s crucial to have a good handle on your finances. Between generating invoices, paying out contractors, handling digital and non-digital payment methods and tracking inventory that’s always in flux — today’s business owner needs more than just a standard … Read more
A key measure of underlying US inflation favored by the Federal Reserve cooled last month, and consumer spending rebounded sharply. Earlier in the week, the collapse of a major bridge in Baltimore will cause weeks or months of transportation disruptions in the Mid-Atlantic region and accelerate a shift of cargo to the US West Coast. … Read more
Some business credit cards offer introductory 0%-APR periods for purchases and/or balance transfers. These deals can be a great way to finance business expansions or to reduce the interest you’re paying on existing debt. But there’s more to these cards than just a limited-time no-interest offer. The ongoing benefits and the rewards you earn on … Read more
Stock Market Today: Dow, S&P Live Updates for February 28 Bloomberg Source link
The US economy’s fourth-quarter growth trounced forecasts as cooling inflation fueled consumer spending, capping a surprisingly strong year that defied recession calls. Gross domestic product increased at a 3.3% annualized rate, according to the government’s preliminary estimate out Thursday. For all of 2023, the economy expanded 2.5%. Source link
Small business loans can be instrumental in helping businesses reach new heights. Getting approved for them, however, can sometimes be challenging for borrowers with lower personal credit scores (think scores below 670). Small Business Administration (SBA) microloans are ideal for those with bad credit as they often have less strict eligibility requirements than other government-backed … Read more
Ink Business Premier℠ Credit Card Rewards Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases. Welcome bonus Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening. Annual fee Intro APR Regular APR … Read more
When it comes to running your small business, you may feel tempted to dump all your business expenses and earnings into your personal checking account for the sake of convenience. You’re a busy entrepreneur with a ton of information to track — why bother adding to the load by keeping separate checking accounts? It turns … Read more
As college students prepare for end-of-semester exams, many of them are also packing their bags. 20% of American college students study out-of-state and may have to board a plane to spend the winter holidays with their families. The good news is that it might be a little cheaper to fly home this year. With post-pandemic … Read more
I’m Chris Anstey, a senior economics editor in Boston and today I’m looking at Katia Dmitrieva’s reporting on the US consumer. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so … Read more