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Some of the most well largest businesses in the United States started out centuries ago as an idea between family members. Family businesses born out of necessity and ingenuity have helped shape the U.S. economy for centuries. They influence major industries – even the mom and pop entities with few employees. According to the U.S. Chamber of Commerce, the economy is made up of. In 2021, the number of business applications reached a record 5.4 million.
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US job growth slows; wage gains remain strongThe U.S. economy added the fewest jobs in 2-1/2 years in June, but persistently strong wage growth pointed to still-tight labor market conditions that most certainly ensure the Federal Reserve will resume raising interest rate later this month.
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Levi’s stock falls as analysts say lowered outlook doesn’t affect long-term growthLevi Strauss shares fell Friday as analysts said the jeans maker's reduced outlook brought it in line with weak consumer spending reported by others earlier...
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Green energy company plans mega growth at historic Richmond siteA green energy company is planning a major expansion at a historic site on the Richmond waterfront.
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Wall Street gains as slowing job growth eases Fed fearsWeaker-than-expected monthly US jobs growth data soothed concerns of an aggressive rate hike.
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Club for Growth-aligned group launches political action committee to keep Trump from winning nominationA group with close ties to the conservative Club for Growth has launched a new political action committee aimed at keeping former President Donald Trump from winning the GOP presidential nomination in 2024.
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June report shows job growth slower than expected and 3.6% unemployment rateThe U.S. saw continued job growth in June, but not at the same blistering pace that has been a concern for the Federal Reserve, as it tries to thread the needle by slowing the economy just enough to stem rising inflation, but keeping enough economic growth to prevent a recession.
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