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What I learned From Being a "Recession Entrepreneur"

It's more important than ever before to stay close to your customers.

How coronavirus is upending the US food system

In less time than it takes a farmer to plant and harvest a head of lettuce, the nation’s entire food industry has been flipped on its head by the COVID-19 pandemic. An intricate system for matching supply with demand, established over decades, has been thrown out of whack just as unemployment and food insecurity are skyrocketing among families.

Gloom grips small businesses, with 52% predicting failure

Just over a third of small firms expect that they can continue to operate more that 6 months, while 14% are uncertain, according to the survey. About one quarter of firms have seen revenues rise or remain unchanged in recent months.

Online retailers spend millions on ads backing USPS bailout

The coalition intends to spend more than $2 million on the campaign in an attempt to whip up Republican opposition to Mr. Trump’s idea, pressing lawmakers instead to support a multibillion-dollar rescue package proposed by Democrats that would help the Postal Service survive the sharp drop in revenue and mail volume caused by the pandemic.

Texas governor, attorney general champion jailed salon owner

The owner, Shelley Luther, was sentenced to a week in jail and fined $7,000 on Tuesday under the ruling from Judge Eric Moye. Luther had refused to comply with a cease and desist order — publicly ripping it up — and quickly became a champion among conservatives who have been agitating for a faster statewide reopening amid the coronavirus pandemic.

Grim business outlook clouds Trump's hopes for 'tremendous rebound'

Corporate leaders are rushing to reshape their businesses to ensure they survive. Their caution could again devastate the president’s favorite gauge of economic success: the stock market.

Hospitals are losing millions of dollars per day amid the pandemic

Conservative estimates indicate that U.S. hospitals are losing more than a billion dollars per day by complying with the guidance from policymakers and the leading medical associations to preserve resources for COVID-19 patients.

This 'undervalued' asset is about to surge, billionaire investor says

Paul Singer, the hedge-fund billionaire behind Elliot Management, warned last month that the ultimate path of global stock markets is a drop of at least 50% from February highs. What’s an investor to do in the face of that grim outlook? Buy gold.

Manufacturing Overhead: What You Should Know

If you manufacture goods, you need to understand manufacturing overhead. This valuable metric can show you the information you need to run your business profitably.

Fed props up companies it had warned banks not to touch

For years, the Federal Reserve warned that too many highly risky companies were engaging in fuzzy accounting that bumped up their earnings -- making it easier for them to obtain loans. The practice was driving up corporate debt to excessive and worrisome levels, regulators chastised.