High interest rates deepen trouble for businesses and employment
High interest rates deepen trouble for businesses and employment

The surge in inflation is eroding household incomes and employment opportunities, driven largely by rising bank loan interest rates and reduced production. While depositors may benefit from higher interest rates, the banking sector and businesses face significant challenges. Banks are struggling...

Business owners push to close businesses due to rising costs
Business owners push to close businesses due to rising costs

Business owners are dealing with the burden of higher operating costs. High inflation and reduced purchasing power have caused a decline in the sales of goods and services, creating conflicting challenges for them. As a result, they are not inclined to make new investments. Instead, they are...

Small businesses concerned over potential TikTok ban
Small businesses concerned over potential TikTok ban

The possible TikTok ban has sparked concerns for millions of small businesses that use the platform for growth and marketing. Desiree Hill, owner of Crowns Corner Mechanic in Conyers, Georgia, started her journey as a mobile mechanic. TikTok videos showcasing her work quickly gained attention,...