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U.S. Chamber of Commerce Announces Finalists for Annual Dream Big Awards

Finalists chosen from a record 1,000+ applicants; will be recognized during Annual Small Business Awards Program Washington, D.C. –The U.S. Chamber of Commerce announced the finalists for its annual Dream Big Awards, presented by Spectrum Reach, with support from MetLife and Staples Connect. The awards celebrate the achievements of small businesses and honors their contributions to… Seguir leyendo U.S. Chamber of Commerce Announces Finalists for Annual Dream Big Awards

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These 5 Facts Show How Badly Inflation Is Hurting Small Business

This quarter, the MetLife and U.S. Chamber Small Business Index found that small businesses’ concern about inflation has reached the highest level since Q3 of last year. Here are five data points from this quarter’s report that show how inflation is hurting small business owners. 1. Inflation is the top challenge facing the small business community Half… Seguir leyendo These 5 Facts Show How Badly Inflation Is Hurting Small Business

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Governor DeSantis Announces Florida Leads  with Lowest Unemployment Rate among the Nation’s Ten Largest States and the Most New Business Formations in the Country

TALLAHASSEE, Fla. September 19, 2022.-The Governor Ron DeSantis announced Florida’s unemployment rate remained strong at 2.7 percent, the lowest unemployment rate among the nation’s ten largest states and a full percentage point lower than the national rate of 3.7 percent in August 2022. Florida also leads the nation in new business formations with 1,534,221 new… Seguir leyendo Governor DeSantis Announces Florida Leads  with Lowest Unemployment Rate among the Nation’s Ten Largest States and the Most New Business Formations in the Country

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Soaring Inflation Puts Central Banks on a Difficult Journey

Upside risks to the inflation outlook remain large, and more aggressive tightening may be needed if these risks materialize. Central banks in major economies expected as recently as a few months ago that they could tighten monetary policy very gradually. Inflation seemed to be driven by an unusual mix of supply shocks associated with the… Seguir leyendo Soaring Inflation Puts Central Banks on a Difficult Journey

Understanding America’s Labor Shortage: The Most Impacted Industries

The pandemic caused a major disruption in America’s labor force—something many have referred to as The Great Resignation. In 2021, more than 47 million workers quit their jobs, many of whom were in search of an improved work-life balance and flexibility, increased compensation, and a strong company culture. But a closer look at what has happened… Seguir leyendo Understanding America’s Labor Shortage: The Most Impacted Industries

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How Fixing Our Worker Shortage Can Fight Inflation

Concern for inflation is soaring among American consumers and business owners alike. According to our latest Small Business Index with MetLife, 88% of small business owners are concerned about the impact of inflation. Of those, 49% are very concerned, compared to 44% last quarter and rising from 31% in Q4 2021. Another top concern right now for business owners:… Seguir leyendo How Fixing Our Worker Shortage Can Fight Inflation

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American Airlines to Buy 20 Boom Supersonic Overture Aircraft

American Airlines and Boom Supersonic today announced the airline’s agreement to purchase up to 20 Overture aircraft, with options for an additional 40. American paid a non-refundable deposit for the initial 20 planes. The Overture is expected to move passengers twice as fast as today’s fastest commercial airliners.  Boom Supersonic’s Overture will introduce a significant new speed… Seguir leyendo American Airlines to Buy 20 Boom Supersonic Overture Aircraft

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Awards governor DeSantis $276,000 to Foster Economic Development Through the Competitive Florida Partnership Program

TALLAHASSEE, Fla. — The Governor Ron DeSantis awarded $276,000 through the Competitive Florida Partnership program to fund the creation of strategic plans for fostering economic development in Archer, Gretna, Keystone Heights, North Miami, Glades County, and Welaka. The program, administered by the Florida Department of Economic Opportunity (DEO), supports communities in developing plans to attract new business… Seguir leyendo Awards governor DeSantis $276,000 to Foster Economic Development Through the Competitive Florida Partnership Program

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Virgin Voyages receives $550 million to fuel strategic growth

Virgin Voyages (“the Company”), the new lifestyle travel brand focused on delivering irresistible cruise vacations, today announced that it has closed a new $550 million capital increase to support its growth. The financing was led by funds and accounts managed by BlackRock and includes new external financing and additional capital from existing investors, including Bain Capital… Seguir leyendo Virgin Voyages receives $550 million to fuel strategic growth

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Central Banks Hike Interest Rates in Sync to Tame Inflation Pressures

During the pandemic, central banks in both advanced and emerging market economies took unprecedented measures to ease financial conditions and support the economic recovery, including interest-rate cuts and asset purchases. With inflation at multi-decade highs in many countries and pressures broadening beyond food and energy prices, policymakers have pivoted toward tighter policy. As our Chart of… Seguir leyendo Central Banks Hike Interest Rates in Sync to Tame Inflation Pressures