LEXINGTON, Virginia—The shuffling of deposits from small to large banks could have a disproportionate impact on U.S. small businesses that depend heavily on community and regional financial institutions for credit, Federal Reserve Governor Philip Jefferson said on Monday. “We are focused on the macroeconomy but we are aware … that there are potential distributional aspects,”…
Fed’s Jefferson: Stress Among Small, Regional Banks, Could Hit Small Businesses Hardest
March 28, 2023
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Inflation Dampens Otherwise Bright Small Biz Holiday Season
NEW YORK—The free-wheeling holiday shopper of 2021, happy to spend money to relieve some pent-up pandemic demand, has given way to a more practical consumer this year, many small business owners say. The reason: inflation. Stephanie Sala felt last year had a YOLO, or “you only live once,” feel to it. People were splurging—spending $250…
Report: 41 Percent of Small Businesses Can’t Pay Rent This Month
More than 40 percent of U.S. small business owners say they couldn’t pay rent on time or in full for the month of November, the highest this year. The small business network group Alignable released the survey, which found that the hardship varies by industry. A notable 57 percent of beauty salons said they couldn’t…
The Hoosier Schoolmaster (1935)
November 11, 2022
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A former Union soldier faces an uphill battle when he begins work as a teacher in a small town where many locals still harbor resentment against the “Yankees.” Credit: Public Domain Movies – Feature Films: Cinema collection: http://epochcinema.com Epoch Original content: http://epochoriginal.com Feature Films: https://www.theepochtimes.com/featured-films * Click the “Save” button below the video to access…
Pocket Rocket | Documentary
November 4, 2022
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A look back at the basketball career of Calvin Murphy, who at only 5’9″ was able to carve a long career in the NBA despite his small size. * Click the “Save” button below the video to access it later on “My List.” – Feature Films: Cinema collection: http://epochcinema.com Epoch Original content: http://epochoriginal.com Feature Films:…
Survey: Growing Number of Small Businesses Can’t Pay Rent
Newly released small business survey data shows that an alarming number of businesses are unable to pay rent. Alignable released its monthly small business report for October which showed 37 percent of American small business owners were unable to pay rent on time or in full last month. That is up from 30 percent who…
‘Safety Last!’ (1923)
September 1, 2022
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A boy leaves his small country town and heads to the big city to get a job. As soon as he makes it big his sweetheart will join him and marry him. His enthusiasm to get ahead leads to some interesting adventures. Credit: Public Domain Movies – Feature Films: Cinema collection: http://epochcinema.com Epoch Original content:…
Most US Small Businesses Worry Recession Is Coming: Goldman Survey
WASHINGTON—Some 93 percent of small business owners are worried that the United States will enter a recession in the next six months, a survey released by Goldman Sachs showed on Wednesday, with a majority of firms saying the country was headed in the wrong direction. In the same survey a year ago, businesses were more…
US Small Business Sentiment Drops to Lowest in Over a Year—Survey
U.S. small business confidence fell to the lowest in over a year in February in the face of a wave of inflation that is forcing a record percentage of establishments to raise prices and denting their outlook for the economy, a survey showed on Tuesday. The National Federation of Independent Business said its Small Business…
Baby Girl Born 13 Weeks Early Was Too Small for Doll Clothes, Now Thriving: ‘Our Little Fighter’
After going into labor 13 weeks early, a mother who lost a son to stillbirth six years prior feared she may also lose her second child, a daughter. But although the newborn baby girl was so tiny that even dolls’ clothes didn’t fit, she proved to be a fighter. With her baby now 5 months…
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