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The Fed signaled a dimmer view of the economic recovery and reverted to extraordinary policy moves.
Small business owners became more downbeat in July as expectations of weaker economic growth in the second half of the year reinforced a reluctance to hire, according to a survey published on Tuesday.
What the Fed will say in its Tuesday statement is at the heart of a debate among Wall Street's deeply-divided economists over what steps, if any, the central bank will take.
Sales of pickup trucks were up 60 percent in July from a year ago at AutoNation, the nation's largest auto dealer, in a clear indicator the economy is recovering, Chairman and CEO Mike Jackson said on CNBC Wednesday morning.
Despite relatively strong second-quarter earnings, US banks are still suffering from poor revenue growth and will continue to do so into next year, financial analyst Meredith Whitney told CNBC.
Since the recession, credit cards are harder to come by, real estate values remain low — making it harder to borrow against home equity — and banks have tightened standards, forcing small businesses to turn to microlending, reports the New York Times.
The New York Times looks at how the symbiotic sack-and-oyster system in the Gulf of Mexico worked before a distant and fatal oil-rig explosion nearly three months ago.
The key to the job growth and recovery in the US is a small business rebound, Milton Ezrati, chief economist at money management firm Lord Abbett, told CNBC Tuesday.
Credit is gradually loosening up for small business, Federal Reserve Governor Elizabeth Duke told CNBC Monday.
There's a new trend coming out of Japan that's sure to make its way to U.S. shores — divorce ceremonies! "Do you, [state your name], promise to neither love nor cherish this woman, so long as you live?"
It's no secret that the major auto companies knocked it out of the park with their May sales. But dig a little deeper into the numbers, and you can find some even better signs of strength for certain areas of the economy.
A new generation of well-educated, tech-savvy owners are launching gourmet street food trucks around the country.
Investors should "avoid financials at all costs, particularly in the banking sector" because the financial reform bill will restrict credit and hurt earnings, Meredith Whitney told CNBC.
When you live in California, as I do, it's easy to feel gloomy about the outlook for small businesses. I've blogged about it before. It's hard for the little guy to get by. Banks are loath to loan. In the middle of the country, however, it's not so bad.
Wall Street traders and executives will be greeted by thousands of angry protesters from the AFL-CIO after markets close Thursday. The main issue is to remind them of their continuing responsibilities to mend the economy, AFL-CIO President Richard Trumka told CNBC.
The lag in growth of small businesses is stalling a full economic recovery, Pitney Bowes CEO Murray Martin told CNBC Friday.
It is legal in 14 states and under consideration in many others. It is certainly a growth business and states like California and Colorado are suffering growing pains trying to regulate the industry. So what does it take to become a patient or an owner?
Medical marijuana dispensary owner Sierra Neblina knows about a pain. She's had more than enough of her own. Now the former soldier and contractor is trying to ease the pain of others along with her own.
When Jack Cary and his partners set about opening their medical marijuana dispensary Greenwerkz they had a business plan and a list of potential investors. Now, $100,000 later, they have two outlets and seven employees.
David Nugent and Linda Lensing, who own and operate the Herban Wellness medical marijuana dispensary, moved to Denver a year ago. They have two employees and 500 patients.