‘Zero’ Net Jobs for Small Businesses in January: NFIB Survey
A prominent member organization of small businesses was quick to respond to today’s uplifting jobs report from the U.S. Labor Department, saying that few of these jobs “are being created on Main Street.”
The ...
Job Growth Surging – So is Fed’s Near-Zero Rate Justified?
The unemployment rate declined by 0.2 percentage point in January to 8.3 percent, the lowest level since February 2009 – the rate has fallen by 0.8 point since August.
Total nonfarm payrolls rose by 243,000 in ...
Fed: Credit Standards Hold As Biz Loan Demand Up
Credit standards on commercial and industrial loans “changed little” in the final months of 2011, just as U.S. banks saw stronger demand for these types of loans, according to the latest quarterly survey of ...
Intuit: Small Biz Hiring Slows in January, Wages Flat
Small businesses added 50,000 jobs in January and wages were flat or dipped slightly, according to a survey by the payroll processor Intuit.
That’s a drop from the 60,000 jobs created in December, but the overall ...
Small Businesses Got $3.5B in Lending from Jobs Act Fund
The Small Business Lending Fund has helped issue $3.5 billion in loans to businesses by providing capital to qualified community lenders, according to the U.S. Treasury.
A report sent to Congress this month by Treasury ...
New U.S. Disclosure Rules Set for International Money Transfers
New rules for international money transfers by U.S. remittance providers generally require full disclosure of the exchange rate and all fees associated with a transfer.
The new rules also require remittance transfer ...
Debit Card Use Wavers as Cash Stages Comeback: Survey
Consumers may be returning to the simplicity of paying with cash, and wavering on the use of debit cards, as new regulations have created a confusing purchasing environment.
A report by Javelin Strategy & Research ...
Small Business Loans Up Average 27% from Biggest Banks
Despite recent reports from regulators of persistently tight credit standards, the nation’s four largest banks issued $45.2 billion to small businesses in 2011, representing an average increase of 27.5 percent ...
Biz Loan Approvals Higher at Small Banks, Non-Bank Lenders
A monthly analysis of small business loan applications found approval rates higher at small banks and alternative non-bank lenders during December, compared to approvals at bigger banks with $10 billion in assets.
Credit ...
Small Business Optimism Up Again for December, NFIB Says
Optimism among small business owners expecting higher sales and an improving economy in 2012 rose 1.8 points in December, the fourth consecutive monthly increase, according to the index from the National Federation ...
