After coming under fire for ending key pandemic lending programs, Treasury Secretary Steven Mnuchin on Friday (Nov. 20) pledged to work with top GOP lawmakers and their Democratic counterparts on a new stimulus package. Mnuchin said he planned to kick things off by huddling with...
As the holidays grow closer, American Express says research has shown that social media promotions and engagement could be a big boost for this year’s Small Business Saturday event, according to a press release. The event is the company’s 11th annual one, and the American...
J.P. Morgan Chase wants in on small- and mid-sized (SMB) payments and is banking on no-fee QuickAccept to edge out FinTech rivals Square and PayPal, according to a Wednesday (Oct. 21) CNBC report. Using QuickAccept, SMBs can take payments through a mobile app or contactless...
Under normal circumstances, trying to engender a big change in consumer behavior is usually more of a marathon than a sprint. Unless one happens to be an incredibly enthusiastic early adopter of new things, most people – without an incredibly compelling reason – are more...
Stimulus payments are on the way – maybe. But for the Main Street SMBs that are navigating the pandemic with a mindset more sanguine than had been seen just a few scant months ago, maybe it’ll be money for a rainy day yet to be seen...
Perhaps the greatest indicator of optimism is the willingness to put one’s money where one’s mouth is. That’s especially true for small businesses, where optimism is showing up across any number of metrics. We noted in this space on Monday that initial applications for employee...
Is Albert Einstein’s saying that “in the middle of difficulty lies opportunity” coming true in a post-pandemic world? The Wall Street Journal reported over the weekend that new U.S. business formation is ramping up at its fastest pace in more than a decade, despite the...
New businesses are being started at a faster rate during the COVID-19 pandemic than they have been in years, a Wall Street Journal (WSJ) report says. The report cites applications for employer identification numbers, saying they’ve passed 3.2 million this year, as opposed to just...
With Main Street small- to medium-sized businesses (SMBs) suffering through a downturn more ruinous than any in living memory, many that make it will do so by accessing new customers and markets in other countries. Fortunately, the U.S. government is helping with this. As Loretta...
