Inflation concerns among small business owners remained at record highs this quarter, according to a quarterly poll conducted by the U.S. Chamber of Commerce and MetLife released on Wednesday. The first quarter of 2023 was the fifth in a row where inflation was considered the biggest challenge for small business owners, according to the Small Business Index. A record high of 54% reported that, which is a 31-point increase from Q4 2021. “This quarter, small businesses’ concerns over inflation are soaring and their view of the broader economy is darkening, though they still report that their own businesses are in good health,” said Tom Sullivan, Vice President of Small Business Policy at the U.S. Chamber of Commerce. In San Francisco, minimum wage increases are based on the yearly rise in the Consumer Price Index every July 1. “That means my rate jumps from $16.99 to $18.07 or 6.36%,” said Hrag Kalebijan, owner of Henry’s House of Coffee, according to the Index. “The … [Read more...] about Inflation Continues To Plague Small Businesses For Fifth Consecutive Quarter: REPORT
Jerome powell
NCAA Coaches McDermott And Tang Lose A Game Of Basketball But Win The Game Of Life
Share to Twitter Share to Linkedin In the NCAA Men’s National Basketball Tournament, March 2023 has been all about upsets. As the tournament heads into its final weekend, the four teams left standing includes perhaps one team, the Huskies of Connecticut, who anyone has heard much about this season. The other teams — Florida Atlantic, San Diego State, and Miami — weren’t expected to sniff the Final Four, much less crash the party. How unexpected is this quartet headed to Houston for the championship: more than 280,000 brackets submitted to ESPN had ALL FOUR teams losing in the first round, so let’s give kudos where they’re due. But surprising results aren’t the source for the best Elite Eight lesson from this year. No, the greatest lessons come from two coaches who lost their games last weekend, Creighton’s Greg McDermott and Kansas State’s Jerome Tang. Simply put, the way they handled their losses offer a masterclass in grace. The Creighton-San Diego State … [Read more...] about NCAA Coaches McDermott And Tang Lose A Game Of Basketball But Win The Game Of Life