Small Business

Source: Twenty20 Unlike most retailers, which see a sales peak over the winter holidays, revenue at Potomac River Running, a chain of 10 specialty running stores in Washington, D.C., and Virginia, is highest during the spring and summer. But this year, coronavirus shutdowns hit the stores hard, with fewer runners training for big races, fewer

Tracy Miller, 60, carries an item through floodwater that is left after Hurricane Laura landed along the Texas-Louisiana border in Cameron, Louisiana on August 30, 2020. Callaghan OHare | The Washington Post | Getty Images Two days after Hurricane Laura barreled through Louisiana in August, Tameka Nelson returned to her beloved daycare facility in Lake

Voters wait in line to enter a polling place and cast their ballots on the first day of the state’s in-person early voting for the general elections in Durham, North Carolina, U.S. October 15, 2020. Jonathan Drake | Reuters Economic stimulus is top-of-mind for many small business owners — especially following Monday’s Supreme Court confirmation

A whopping 14 million to 23 million Americans are planning to relocate to a new U.S. city or region due in part to the growing acceptance of remote work, according to Upwork’s Remote Workers on the Move report released Thursday.  The survey of 20,490 Americans over the age of 18 was conducted Oct. 1 to Oct.

Postmates shopping app Source: Postmates Postmates said Tuesday it is launching a new retail platform ahead of the holidays, allowing customers to get instant delivery from clothing, home, beauty and wellness retailers, and allowing the delivery company to broaden its reach. The new platform will launch in Los Angeles, with the intent of ultimately expanding

The U.S. Capitol stands in Washington, D.C., U.S. on Thursday, Oct. 1, 2020. Talks Thursday between Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin brought no immediate breakthrough on a deal for a new pandemic relief package, while the House prepared to vote on a Democrat-only plan. Stefani Reynolds | Bloomberg | Getty Images Time

This year has been met by a collision of both pandemic-induced financial uncertainty and the heightened attention toward racial injustice throughout the United States. For award-winning chef Marcus Samuelsson, it’s been a roller-coaster ride that’s evolved from a “total revenue loss,” at the outset of New York City lockdowns, to a 50% to 60% revenue

Sen. Marco Rubio, R-Fla., told CNBC on Thursday he would be willing to support a more expensive coronavirus stimulus package than he’d like because failing to provide financial relief to Americans and U.S. businesses presents larger risks to the U.S. economy. “No one is going to get everything they want here and from my perspective, that

This combination of pictures created on September 29, 2020 shows US President Donald Trump (L) and Democratic Presidential candidate former Vice President Joe Biden squaring off during the first presidential debate at the Case Western Reserve University and Cleveland Clinic in Cleveland, Ohio on September 29, 2020. Getty Images For business tax expert Tony Nitti,

Some of the most noticeable names on Wall Street will have a role in Black Entrepreneurs Day online event this Saturday. Daymond John of “Shark Tank” fame, who said he was “frustrated” by the state of Black businesses in the face of the pandemic, said he leveraged his network in the business world to highlight

JPMorgan’s Business Complete Banking service Source: JP Morgan JPMorgan Chase is making a play to sell more services to millions of American small business owners, pushing into an area pioneered by fintech firms including Square, PayPal and First Data, CNBC has learned. The bank is rolling out a checking account that is paired with a

U.S. Democratic presidential candidate Joe Biden delivers remarks during a voter mobilization event, at Miramar Regional Park in Miramar, Florida, October 13, 2020. Tom Brenner | Reuters With the presidential election coming, Carolyn Bothwell, a freelance copywriter from Charlestown, Massachusetts, has been hearing from concerned members of the freelancer community she started, Freelance Founders, about

A worker loads customer orders into a waiting tractor-trailer inside the million-square foot Amazon distribution warehouse that opened last fall in Fall River, MA on Mar. 23, 2017. John Tlumacki | Boston Globe | Getty Images Amazon said third-party sellers on its marketplace earned more than $3.5 billion during this year’s Prime Day shopping event,

Kevin O’Leary Scott Mlyn | CNBC Investor Kevin O’Leary knows firsthand the challenges entrepreneurs on Main Street are facing during the coronavirus pandemic. Many are struggling to survive to economic shutdowns and the rapid shift to the digital economy. “Twenty percent of the small private companies in my portfolio are going to fail,” he said

Amazon’s annual two-day Prime Day sales event kicks off on Tuesday, Oct. 13 after the coronavirus pandemic delayed the event for months.  For the more than 1.7 million small- and medium-sized businesses around the world that sell their products on Amazon, the massive annual shopping event could help provide a boost in a year that’s

Small businesses line Bagley Avenue in the Mexicantown neighborhood of Southwest Detroit, Michigan. Bryan Mitchell | Bloomberg | Getty Images As gridlock over another round of stimulus for small business in Washington continues, 5 million Latinos are at risk of bankruptcy, a new study reveals on Monday. Pre-pandemic they were the fastest-growing cohort on Main

John MacDougall | AFP | Getty Images Come Oct. 13 and 14, Amazon’s annual two-day members-only online sales extravaganza Prime Day will bring customers over one million deals on myriad products in popular categories including home accessories, toys, and electronics. But in addition to providing shoppers with steep savings starting at midnight PST on Tuesday, the

Kirby Hamilton | Getty Images For some small-business owners, watching their larger peers file for bankruptcy may do little to ease fears about their own financial solvency. With the coronavirus pandemic continuing to take a toll on the economy, Ruby Tuesday has become the latest large restaurant chain to seek protection under the U.S. bankruptcy code.

Silvia Lucci, her husband (left), and son (right) are part of the family team behind LUHV Foods, and its successful outposts, such as their vegan deli at Philadelphia’s famed Reading Terminal Market. Julietta Lucci When Jennifer Rodriguez relocated to Philadelphia in the late ’90s, the once-bustling South Philly neighborhood of Italian Market was in decay.

As talks in Washington, D.C. over a new round of financial and economic stimulus continue, Stanford Graduate School of Business lecturer and small business advisor David Dodson doesn’t like what he sees on Main Street or for the U.S. economy. Dodoson, who once ran for the U.S. Senate in Wyoming and has served as CEO