A recent survey conducted by RedBalloon and PublicSquare found that a majority of small businesses believe colleges are failing to prepare Gen Z for the workforce and that nearly half of small businesses said that a college degree has zero value in their hiring decisions.
Read More
Just when it seemed impossible for things to get tougher for small businesses, the federal government decided to make things worse.
Small businesses have had a tough run for the last few years. Record inflation, high interest rates, and workforce shortages have led to widespread pessimism among small businesses. The last thing they need is more government interference, but that is exactly what is happening.
Read More
The Federal Reserve on Dec. 13 held the Federal Funds Rate—the rate at which banks lend to each other—steady at 5.25 percent to 5.5 percent, as the consumer inflation once again cooled to 12-month average level of 3.1 percent, according to the latest data compiled by the Bureau of Labor Statistics.
Leading the cooldown were drops in energy prices as gasoline dropped 6 percent in November, following a 5 percent drop in October.
Read More
In episode 28 of his newest production, “Tucker on X,” Tucker Carlson sat down with Chris Moritz, a “longtime investment banker and policy guy,” as the former cable news host described him.
Read More
Virginia ranked second in the nation in CNBC’s America’s Top States for Business study – up from third in 2022 and scoring first in education.
The survey released Tuesday is likely to be music to Gov. Glenn Youngkin’s ears, as the businessman-turned-politician has often touted the commonwealth’s business-friendly policies.
Read More
Across the globe, governments are removing legal barriers to women joining the workforce. At the same time, many companies and governments are pushing for equal numbers of women and men in STEM (science, technology, engineering, and mathematics) and entrepreneurship.
Read More
Reports about ESG — “environmental, social, and governance” scores that progressive activists, money-management firms, and government agencies (namely, the Securities and Exchange Commission) assign to corporations — have become nearly ubiquitous in the news. There is even a website, esgnews.com, that keeps track of the latest ESG-related developments.
Read More
The Secret Service is paying over $30,000 a month to rent a Malibu mansion to provide security for President Biden’s son Hunter Biden, according to a news report Monday.
The agency tasked with protecting the president and his family have been renting the house close Hunter’s close to $20,000 a month Malibu property for close to a year, according to ABC News.
Don Mihalek, a current ABC News contributor and former senior Secret Service agent, said that the exorbitant rental figure is merely “the cost of doing business for the Secret Service.”
Read More
No one ever said that the business of politics made good sense, but if you’re a politician, and the vast majority of your constituents — including a high percentage of those in your own party — no longer want you to represent them, shouldn’t you take their distaste as a hint and get the heck out of office?
Such is the case for notorious Donald Trump bashing RINO congresswoman Liz Cheney. As everyone knows by now, Cheney is the lone House representative from the huge but sparsely populated state of Wyoming, which means hers is the sole voice of every single Cowboy State resident and citizen in the lower chamber. Liz has never had an issue with winning elections in blood red Wyoming, which would seem to be an argument in her favor. But times and circumstances have changed markedly in the rocky mountain high plains and there’re hardly any folks there who hanker to send Cheney back to DC for another two years.
Yet onward Liz trudges. Because Cheney has fallen so far out of favor with conservatives and Republicans in her jurisdiction, she’s now relying on Democrats to try and (literally) save her seat. The optics alone are odd, but reality is even weirder. In a piece titled “Liz Cheney turns to Democrats to save her hide,” Tara Palmeri wrote at Politico:
Read More
A survey released Monday found that business experts expect prices and inflation to rise at elevated levels for years to come.
The National Association for Business Economics released the results of a survey of 48 economic experts who downgraded their growth predictions and projected elevated inflation through the second half of 2023, if not later.
“NABE Outlook survey panelists have ramped up their expectations for inflation significantly since September,” said NABE Vice President Julia Coronado, founder and president, MacroPolicy Perspectives LLC. “The core consumer price index, which excludes food and energy costs, is now expected to rise 6.0% from the fourth quarter of 2020 to the fourth quarter of 2021, compared to the September forecast of a 5.1% increase over the same period.”
Read More
The U..S. economy recorded an increase of 531,000 jobs in October, and unemployment fell by 0.2% as the labor market recovers from the summer lows, according to the U.S. Bureau of Labor Statistics (BLS).
The number of unemployed people fell to 7.4 million, down from 7.7 million in September, according to the BLS report released Friday. Economists surveyed by Dow Jones projected 450,000 jobs would be added in October.
While unemployment claims continue to fall, the country still struggles with labor shortages, supply chain issues and growing inflation. Job growth was widespread throughout the economy in October, with leisure and hospitality adding 164,000 jobs, professional and business adding 100,000 and manufacturing adding 60,000 jobs, according to the BLS report.
Read More
Major tech companies are continuing to require their employees to be vaccinated at their Texas facilities, in violation of Gov. Greg Abbott’s executive order banning all vaccine mandates.
Abbott signed an executive order on Oct. 11 prohibiting “any entity,” including private businesses, government contractors and local schools, from imposing a requirement that employees be vaccinated as a condition of employment. However, Google, Facebook, HPE, Twitter and Lyft have yet to lift their vaccine mandates in response to the order, Protocol first reported.
HPE spokesman Adam Bauer confirmed the company had not changed its vaccine policy, and told the Daily Caller News Foundation that the company was making “vaccination a condition of employment for U.S. team members to comply with President Biden’s executive order and remain in good standing as a federal contractor.”
Read More
Timothy Keiderling’s decision to enroll in the Princeton Theological Seminary reflected his commitment “to give my life to work for justice and to live out the values of the Kingdom of God.” In a letter to the seminary’s president, Craig Barnes, he wrote that he “would sacrifice anything to make sure that my brothers and sisters see relief from their oppression.”
But the seminary’s concept of justice clashed with Keiderling’s conscience when PTS required him to attend “anti-racism” training sessions that he considered a form of indoctrination. He refused to participate in the sessions even after being reminded that they were mandatory. And then – early this year, with the potent support of the newly founded Academic Freedom Alliance (AFA) – he convinced the seminary to exempt him from the training.
It was “a real victory which can advance the academic freedom cause substantially,” says Princeton Professor Robert George, a leader of the AFA who acted as an adviser to Keiderling, and whom the latter credits with making his victory possible. “Instead of a victim, we have a victor — one who stuck to his guns and persuaded his institution not only to respect his right of conscience, but to acknowledge the difference between education and indoctrination.”
Read More
After a lengthy court battle, the government of the state of California backed down in its efforts to enforce coronavirus restrictions on a church that continued hosting in-person worship services, and has now agreed in a settlement to pay the church’s $2 million worth of legal fees, Breitbart reports.
When the state repeatedly attempted to enforce strict capacity limits, mask mandates, and other “social distancing” requirements on the San Diego-based Pentecostal church, the church’s lawyers filed suit with the United States Supreme Court, winning all three suits. This ultimately led to lawyers on behalf of the state of California agreeing to the settlement, which was approved by a federal judge.
Responding to the settlement, an attorney with the Thomas More Society, a legal group that represents churches facing suppression of their First Amendment rights, pointed out that while businesses such as Costco were limited to 50 percent capacity, while churches were forced to stay as low as 25 percent, and sometimes even lower.
Read More
Virginia businesses will benefit from the federal government extending the deadline to apply for Paycheck Protection Program forgivable loans, according to associations representing industries.
With bipartisan support, federal lawmakers passed legislation to extend the loan application from March 31 to May 31 and give the Small Business Administration an additional 30 days to process the applications. The legislation is expected to be signed by President Joe Biden.
The loans allow businesses economically harmed by the COVID-19 pandemic and subsequent economic restrictions to borrow money from the federal government. If businesses use the money in accordance with federal guidelines, the loans will be forgiven, meaning that the businesses will not have to pay the money back.
Read More
A lawsuit filed in the U.S. District Court in Roanoke claims COVID-19 restrictions imposed by Gov. Ralph Northam discriminate against certain businesses while allowing others to operate more freely.
Northam recently eased the COVID-19 restrictions on outdoor gatherings for amusement and entertainment venues. However, the governor failed to include wedding venues and other businesses in the recent change.
Read More
As officials in many areas impose new pandemic lockdowns and restrictions going into the holiday season, things can seem bleak. Depression rates are up, people are fleeing cities in droves, elected leaders regularly violate their own orders, and fraud is rampant in the government’s COVID-19 stimulus programs.
Read More
As Election Day draws near, Democrat business owners and politicians are increasingly flexing their muscles to push their politics into peoples’ faces and punish those who have opposing views. There have been multiple reports in the past year about Trump supporters being fired for expressing their support for the president.
In the past couple of weeks, two more Trump supporters have been fired and a CEO of a major software company has sent a mass email to millions of customers telling them to vote for Joe Biden.
Read More
Southwest Airlines has begun nonstop flights from Atlanta to Nashville. The Atlanta Journal-Constitution said the airline launched the flights from Atlanta to Nashville, The Associated Press reported. Nashville International Airport celebrated the inaugural flight from BNA to Atlanta Tuesday. The airline will operate five flights a day Monday through Friday…
Read More
Nashville International Airport served more than 14.9 million passengers in the fiscal year just ended, The Associated Press reported, making it one of the nation’s fastest growing airports. The record makes Nashville International, or BNA, the fourth fastest growing airport among the top 50 airports in North America, the airport’s…
Read More
A $17.5 million tax incentive from the state of Tennessee to lure 1,000 jobs to Nashville–$17,500 per job—came at the expense of taxpayers to lure well-paid corporate executives when they already were drawn to the state’s other features like a favorable tax structure, experts say. The Tennessee Department of Economic…
Read More
US Steel is hiring in the wake of President Donald Trump’s steel tariffs, CBS Pittsburgh says, citing a CNN Money report. US Steel said Tuesday it’s restarting the second of two blast furnaces at its plant in Granite City, Illinois, near St. Louis. It will bring on 300 workers to…
Read More
Multifamily real estate firm Freeman Webb Co. has entered the publishing business by buying the Nashville Post, the Nashville Scene and Nfocus. The Nashville Post made the announcement Friday after the deal with previous owner SouthComm, a holding company, closed. The sales price was not disclosed. SouthComm put the publications…
Read More