Small business owners report growing optimism about the U.S. economy,
As recession fears ebb, optimism among small businesses about the economy is at its highest level since 2002, new survey finds.
Small Business
Businesses, contractors, federal workers wait to see if Congress avoids shutdown
"Even just the discussion of shutdowns causes a noticeable change in foot traffic," the owner of an appliance store Virginia said. "It hurts."
Here are the main reasons people turned to GoFundMe this year
Donations on the crowdfunding platform this year reveal a range of urgent financial needs, GoFundMe data shows.
Mark Cuban says he's leaving "Shark Tank" after one more season
Cuban has appeared on "Shark Tank" since 2011 as a permanent investor, or "shark."
Amazon using AI to help with delivery
Amazon says its 2023 Black Friday sales were the highest in the company's history. Amazon executive Beryl Tomay joins CBS News to discuss how artificial intelligence and robots are helping get packages to your doorstep.
Shoppers flock to malls over Thanksgiving weekend
While a large portion of holiday shopping now occurs online, malls across the U.S. were still busy with shoppers over Thanksgiving weekend, many of whom prefer the social experience of shopping in person. Elise Preston reports.
Small businesses looking to make big sales
Small businesses will be looking to make big sales this weekend when Small Business Saturday hits. Evelia Torres, owner of skincare company De Mi Tierra outside Chicago, joined CBS News to talk about the importance of the day to her business.
Unchanged rates impact small businesses
Americans are grappling with the repercussions of sustained high interest rates, which have been hovering just over 5% since July – the highest in decades. The Federal Reserve's decision Wednesday to keep rates steady signals continued challenges for those looking to borrow. CBS News' Jo Ling Kent reports.
Small businesses feeling interest rate pain
Consumers and businesses are struggling with high interest rates. The New York Times says startups and small businesses have been forced to adapt amid high costs and a scarcity of capital. CBS News business analyst Jill Schlesinger has more.
V Cuts Detroit embraces pride and inclusivity year-round
V Martin, who prefers they/them pronouns, not only wants to help people feel confident but comfortable as well.
How the extreme heat is hurting Texas businesses
In a survey last month, nearly one quarter of Texas businesses said this summer's heat has negatively impacted their revenue and production. Omar Villafranca reports.
Google eases wartime restrictions in boost for Ukrainian entrepreneurs
For the first time in more than a year, new businesses in most of Ukraine can register on Google Maps, but other digital hurdles remain.
New business openings on the rise nationwide
Americans are opening more new businesses in 2023 compared to 2022, according to the Census Bureau. Hope King, senior business reporter at Axios, joins CBS News to explore the reasons behind the boom.
Florida businesses rebuilding after Idalia
Idalia tore through communities on Wednesday after making landfall along Florida's Gulf Coast, damaging homes and businesses in its path. Anna King, general manager of Fiddler's Restaurant and Resort in Steinhatchee, Florida, tells CBS News about the storm's destruction and the "plan of action" to reopen the business.
Hawaii's economic toll from wildfires is up to $6 billion: Moody's
Lahaina conflagration and Kula wildfires burned between $2.5 and $4 billion worth of insured properties, according to estimate.
WeWork warns of "substantial doubt" that it can stay in business
WeWork's shares tumbled after it flagged its financial losses and its need for cash, among other factors, as major headwinds.
"As Seen On TV" accused of selling knock-offs
Small inventors say two companies who sell goods with the "As Seen On TV" logo — Telebrands and Ontel — profited by knocking off their products. Telebrands tells CBS News it "respects the intellectual property rights of all individuals." Shanelle Kaul has the story.
How a UPS strike could affect small business
Negotiations between UPS and the Teamsters Union are set to start up again Tuesday. The union representing 340,000 workers is seeking better pay, particularly for part-time workers. The current labor pact with UPS is set to expire in just one week. Zoe Levin, CEO and founder of sustainable paper essentials company Bim Bam Boo, joined CBS News to talk about how a work stoppage could affect her business.
Amazon launches delivery network
Amazon is seeking to recruit thousands of small businesses by the end of this year to deliver its packages. On Monday, the company started actively recruiting businesses across 23 states for its Amazon Hub Delivery system. It is looking to partner with a wide range of external establishments, including florists, coffee shops and clothing stores. Axios' senior business reporter Hope King joins CBS News to discuss.
Asian-owned businesses see major growth in Massachusetts
As the economy bounces back from the pandemic, one population is seeing lots of growth in Massachusetts.
Why working in China is getting "very risky" for some U.S. companies
Elon Musk may be fine, but for smaller U.S. businesses, operating in China has become "very risky," a lawyer who works in the country tells CBS News.
How a U.S. default would hurt small business
As President Biden and congressional Republicans try to reach a deal on the debt ceiling, small businesses are raising concerns about how a potential default could impact them -- especially if they rely on government contracts. Many are already struggling due to high inflation and the failure of some regional banks. Javier David, the managing editor for business and markets at Axios and a CBS News contributor, joins us with more.
Small businesses concerned amid debt limit fight
Ninety percent of small business owners want the government to avoid default, according to one survey.
Preserving general stores, the heart of small towns
Running a rural general store is a labor of love - and a tough business. In New England, where communities believe the value of having a general store goes beyond the bottom line, locally-supported models may offer a path forward.
Widespread concern after bank collapse
Following the collapse of Silicon Valley Bank earlier this week, officials in Washington, D.C., were expressing their concern. The effects of the collapse are also being felt among small business owners, and even overseas. Willie James Inman has the details.
Supreme Court temporarily freezes order requiring Trump admin. to provide full SNAP payments
It froze, for now, a lower court order that required the Trump administration to swiftly provide full SNAP benefits to roughly 42 million Americans.
UPS and FedEx ground MD-11 planes after deadly Kentucky crash
UPS and FedEx are grounding their MD-11 fleets "out of an abundance of caution" after a deadly crash at a UPS hub in Kentucky.
Travelers face mounting delays as flights canceled nationwide due to shutdown
The FAA ordered airlines to cut thousands of flights ahead of this weekend as the agency deals with air traffic controller shortages during the government shutdown.
Senate Republicans reject Democrats' health care offer to end shutdown
Senate Republicans rejected an offer from Democrats to end the shutdown in exchange for a one-year extension of health care tax credits.
Judge permanently blocks Trump admin. from deploying National Guard to Portland
In late September, President Trump announced he would be deploying federal troops to Portland in response to downtown protests over the administration's immigration crackdown.
Spanish police arrest 13 suspected members of Tren de Aragua gang
The arrests were made in five cities in the first operation in Spain to dismantle the Venezuelan prison gang.
Dodgers pitcher Alex Vesia announces baby daughter's death
Dodgers pitcher Alex Vesia took a leave of absence from the team a day before the World Series.
Heritage Foundation backlash erupts over leader's defense of Tucker Carlson
The leader of the influential conservative think tank is facing calls to resign and several staff members have left in protest.
Trump pardons New York Mets legend Darryl Strawberry
The eight-time MLB All-Star pleaded guilty to tax evasion in 1995, and has since served time.