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.
Economic Conditions | Page 3
Business News
3 Entrepreneurial Trends Coming Out of the Current Economy
By refocusing their efforts to align with the state of the economy, business owners can not only ride this wave but even attain real growth throughout it.
By Clate Mask
Business News
‘Revenge Spending’ Is Showing Signs of Cooling — Good for Inflation, Bad for Some Businesses
When the lockdown subsided and businesses opened up again, so did wallets -- causing a surge in "revenge spending." Now, that pattern of consumer spending is cooling, which may help inflation but could put a dent in some of the "revenge categories" (like hospitality) that have rebounded since the pandemic.
Building a Business
7 Tips for Protecting Your Business Against Inflation
Inflation hurting your business? Here's how I weathered the storm over the past 20 years.
By Amine Rahal
Business News
7 of the 10 Most Expensive Cities to Live in the U.S. Are in One State
A new report by U.S. News found that San Diego is the most expensive city to live in for 2023-2024, followed by Los Angeles. New York City didn't even rank in the top 10.
Thought Leaders
10 Ways Entrepreneurs Can Navigate a Down Economy
In a down economy, you face significant challenges as an entrepreneur — but here are ten tips to help you navigate.
Business Accounting
5 Tips to Win Over Investors in Uncertain Times
Trustworthy, confident and coachable entrepreneurs don't allow an uncertain economy to distract them from executing their business plan.
Building a Business
3 Key Strategies That Helped My Business Grow During a Recession
Here are three strategies everyone should use to help their businesses thrive during a recession.
By Rudy Mawer
Business News
American Retirement Outlook Falls to Lowest Level Since 2012
According to a report from global analytics firm Gallup, 42% of non-retired Americans are "very worried" about funding their retirement.
Business News
The Inability to Afford a Down Payment Is Why Renters Keep Renting, According to a New Report from the Federal Reserve
Only 63% of respondents said they could cover a $400 emergency expense.
Business News
These 15 U.S. States Have the Highest Employment Levels, According to a New Report
In April, 17 states had unemployment rates lower than the national average of 3.4%.
Building a Business
I Asked ChatGPT How to Recession-Proof a Business. Here’s What It Suggested (and What I Would Do Differently).
Silicon Valley's leading artificial intelligence weighs in on how you can make your business more resilient to economic downswings.
By Amine Rahal
Building a Business
Why a Recession Can Be a Good Time to Expand into a New Country
Explore the strategies that can help companies identify and capitalize on the hidden value in recessions.
By Wei Hsu
Building a Business
Why Ecommerce Businesses Can’t Afford to Stand Still During a Downturn (and What They Must Do Instead)
Here's how ecommerce businesses can take advantage of the current downturn and race ahead of the competition.
Business News
Elon Musk Says Remote Work Is ‘Morally Wrong,’ Calls It ‘Messed Up’
In a recent interview, the tech CEO didn't hold back on his opinion of work-from-home culture.
Tech
Why Companies Must Leverage Outsourced Development Teams to Weather Economic Downturns and Layoffs
Despite short-term measures to strengthen against the economic slowdown, companies still need to find ways to manage existing technical debt and innovate at the same time.
By Cory Hymel
Business News
LinkedIn Is Cutting 716 Jobs, Blaming Shifts in ‘Customer Behavior’ and ‘Slower Revenue’
The news of the layoffs comes a week after LinkedIn turned 20.
Building a Business
How to Survive the Startup Roller Coaster in Times of Economic Uncertainty
As investments slow down, the future for startups is becoming a little clouded. Yet, with a change in strategy and approach, surviving any downturn is more than possible.
Business News
IBM Says 7,800 Jobs (or Nearly 30% of Its Workforce) Could Be Replaced By AI
IBM CEO Arvind Krishna told Bloomberg workers in non-customer-facing roles will be affected. Other companies have also pivoted business models as artificial intelligence increasingly disrupts norms.
Building a Business
The New Strategies Helping Small Businesses Survive and Thrive During Recessions
Here are a few modern strategies to help small businesses survive and succeed in an economic downturn.
Business News
‘We’re All Worse Off’: Top Economist Says People Need to Accept That Everyone Is Poorer in Today’s Economy
On a recent podcast, Bank of England's chief economist, Huw Pill, said that Brits need to stop asking for pay raises, which is driving inflation higher.
Business News
‘There’s This Fear That Everything Will Crash’: Home Prices Are Falling, But There’s Still a Lack of Listings
In March, the median home price in the U.S. fell by 3.3%, marking the largest year-over-year drop in over a decade.
Business News
You Need a 6 Figure Salary to Be Considered Middle Class in This U.S. City
Middle-class status is the hardest to attain in tech cities like San Francisco and Seattle.
Business News
CEO Apologizes After Telling Employees Not To Ask About Bonuses and ‘Leave Pity City’
The CEO and President of furniture company MillerKnoll delivered a harsh message to employees during a town hall.
Business News
Ernst & Young to Cut 3,000 Jobs Due To ‘Overcapacity’ and ‘Current Economic Conditions’
The layoffs will impact nearly 5% of the accounting giant's workforce.
Business News
Here Are the Cities Where Inflation Is Rising the Most, According to a New Report
Although inflation has shown signs of cooling, it's still at all-time highs in some of America's biggest cities such as Philadelphia, PA and Houston, TX.
Building a Business
Don’t Be Another Victim of a Rough Economy. Use These 8 Steps to Build Your Action Plan.
In times of economic uncertainty, businesses of all sizes can face significant challenges. By following these strategies, businesses can prepare for an economic slowdown and protect themselves from financial hardship.
By Jason Miller