Economic Conditions: Page 2

Growing a Business

From Reactive to Proactive — 3 Ways to Make Your Venture Recession-Proof

Many entrepreneurs are reactive when it comes to adapting to crises. However, getting ahead of the curve and making decisions proactively will give you a greater chance of success when times are hard. One essential element of your success plan should be to focus (feasibly) on marketing to trump your competition.

Leadership

6 Steps to Becoming a Recession-Proof CEO

Future economic battle? Let's get your business kitted out for war.

Growing a Business

5 Ways to Scale and Grow Your Business During an Economic Downturn

It's important to be prepared for crises to ensure your business will not only survive but thrive when things get tough.

Business Process

How to Craft a Bulletproof Sales Strategy That Will Survive Any Economy

Discover five strategies for creating a sales process that remains strong even during challenging economic times.

Growing a Business

3 Actionable Strategies for Navigating Market Uncertainty

Many entrepreneurs wait to manage unpredictableness until it arises. Instead, have an approach in your game plan regardless.

Business News

Economy Shows Signs of Slowing, Inflation Still Has a Majority of Americans Living Paycheck-to-Paycheck

The U.S. economy experienced slower growth in the second quarter of 2023, with the gross domestic product (GDP) rising at a rate of 2.1%, falling short of the Federal Reserve's initial prediction of 2.4%.

Business News

Gas Prices Soar Ahead of Labor Day Weekend, Just a Cent Shy of Record High Set 11 Years Ago

High gas prices are being driven by a number of factors, including OPEC's decision to cut production and extreme heat that has disrupted refinery operations.

Business News

Zillow Launches 1% Down Payment Mortgage Program Amid Housing Affordability Crisis

The initiative comes amid a nearly 40-year low in housing affordability.

Business News

U.S. Workers Want an $80,000 Minimum Salary as Expectations Rise — Here's What It Means for the Labor Market, According to an Expert

Workers are also less confident about receiving job offers in the coming months, the report also found.

Business News

'Pretty Troubling': New Data Reveals Startling Increase in 401(k) Withdrawals Amidst Economic Uncertainty

In the second quarter of 2023, there was a staggering increase in hardship withdrawals compared to the same period in 2022.

Growing a Business

3 Solutions That Help Alleviate Everyday Pressures Small Business Owners Face

We live in a world with increasing pressures from stakeholders, constantly changing customer expectations and volatile financial conditions — which for many, especially business owners — can make it hard to create clear distinctions between professional and personal emotions.

Leadership

How to Navigate a Looming Recession as a Founder

Here are five key strategies that founders can use to navigate a recession from the onset.

Business News

'Never Going Back to the Way It Was': Salesforce CEO Marc Benioff Has a Grim Outlook on a Once Bustling Downtown

Major retailers like Whole Foods, Uniqlo, Gap, and Nordstrom Rack have closed their downtown San Francisco locations. Other city centers are facing similar challenges in a post-pandemic environment.

Business News

JPMorgan Chase CEO Jamie Dimon Expresses Doubts About 'Bidenomics'

"I think when they write books about this 10 years from now, it will be about how it didn't work," he told The Economist.

Business News

A Recession Is 'Not Completely Off the Table,' Warns Treasury Secretary Janet Yellen

The Treasury Secretary shared her thoughts after a disappointing June jobs report.