Boomers Are Retiring Later…and Later by Rieva Lesonsky – In 2002, about 5% of Americans over 75 were working. Last year, that jumped to 8.33%, and according to the U.S. Labor Department, by 2032, 10% will be on the job. Younger boomers are even more represented in the workforce, with 26% of people ages 65 to […]
Small Business Insider
November 1st, 2023 by SBE CouncilSMALL BUSINESS INSIDER: The Economy by Raymond J. Keating – The Federal Open Market Committee decided to leave the federal funds rate in place in its latest announcement on monetary policy. That can either be seen as the Fed pausing in its fight against inflation, or the Fed pausing in its effort to further undermine […]
by Barbara Weltman – The employee retention credit (ERC), a credit created during COVID-19, ended on September 30, 2021 (December 31, 2021, for startups), but it’s still alive. How can that be? The reason: The deadline for submitting refund claims has not expired. Many employers claimed the credit, and a number of these are still […]
For more information, trends and reports about the metaverse, visit SBE Council’s METAVERSE BUSINESS ALLIANCE. by Raymond J. Keating – When it comes to transformative moments in industries, the creation of entirely new industries, or technological advancements within or across sectors, two things can pretty much be counted on. First, one or more entrepreneurs have driven […]
SMALL BUSINESS INSIDER by Raymond J. Keating – Free enterprise is just as much about cooperation between businesses as it is about competition. My recent visit to Seattle for the Amazon Accelerate conference made clear that economic and business reality, as Amazon partners with small business sellers that account for more than 60 percent of […]
by Rieva Lesonsky – Are you ready? A few weeks ago, we shared the advice of retail expert Bob Phibbs, who told retailers to get their holiday merchandise on the shelves now to capture a significant share of consumer spending. But that doesn’t mean shoppers won’t be cramming into your stores on the more traditional […]
Economic Insider Special Report by Raymond J. Keating – (As an optimist at heart, I don’t like writing pieces like this. But I’m also a realist, and the data is the data, and economics is economics, so here goes…) The federal budget has moved into territory previously unknown in U.S. history, and it raises grim […]
SMALL BUSINESS INSIDER By Barbara Weltman – Can Congress tax unrealized income? That’s the big question before the U.S. Supreme Court in Moore v. U.S. The Court will consider the question during its 2023-2024 term, which started October 1, 2023. There’s no telling when a decision will be announced; it could be as late as […]
SMALL BUSINESS ECONOMIC INSIDER by Raymond J. Keating – The inflation genie is proving to be hard to cram back into the bottle – as expected. As noted in the latest report from the Bureau of Labor Statistics, inflation, according to the Consumer Price Index, registered 0.4 percent in September. And that came after a […]
by Raymond J. Keating – I’m not a tech guru. I’m an economist and an author. But as an economist, I’m a student of assorted industries, and how innovation changes and creates industries. So, from this perch, as the metaverse and artificial intelligence (AI) have exploded into our economy and across industries, I quite frankly […]