New Credit Card Rules' Double Standard

In the NewsStimulus Funding for SBA Loans Runs Out—AgainIn a case of legislative déjà vu, the Small Business Administration has announced that funding for two popular lending programs is on the verge of running out - again. WSJ.comIn the NewsConsumers Buy Into 'Buy Local'More groups are forming to send shoppers to home-grown independent businesses. But their impact on jobs is hard to quantify. BusinessWeek.com Management & Operations [Read Full Article]


The Outlook for Small Business in 2009

  Government and Economy 2009 Small Business Outlook Business Know-How ran a survey last month to find out how business owners think their businesses will do this year compared to last year, how they view the recession, how they are coping with it, and how they think the government should help. Here are the results. BusinessKnowHow.com TARP Panel: Economic Crisis is “Far From Over” Though some economic measures are improving; with billions spent and more on the way, on the... [Read Full Article]


Microlenders Getting Big with Small Business

  Government and Economy Microlenders Growing Fast As banks continue to freeze lending, more small-business owners and would-be entrepreneurs are turning to microlenders, organizations that offer smaller loans ranging from as little as $500 to $35,000, as a viable alternative. WSJ.com Senate Proposal Sends Remaining TARP Money to Small Business In a nonbinding vote, the US Senate endorsed a proposal to use the remaining funds in the Treasury Department’s Troubled Asset Relief Program (TARP) to help small businesses. Bloomberg.com Management and Financial Issues [Read Full Article]


Small Business Speaks: Tax Cuts Are Better Than TARP

  Government and Economy Survey: Entrepreneurs Prefer Tax Cuts to TARP According to a survey released by online payroll company SurePayroll, Many small business owners believe that tax cuts would be better than spending more money on the Treasury's Troubled Assets Relief Program (TARP). Obama Preparing to Sign Stimulus Bill While not ruling out a second economic stimulus plan, President Obama flew to Denver to sign into law his $787 billion economic stimulus plan, which he promises will spur consumer spending and create millions of jobs. Management and Financial Issues [Read Full Article]


Clinton Insider Gets Commodities Post, Automakers Get $17.4 Billion

Government and Economy Obama Names Clinton Insider to Commodities PostGary Gensler, a former Clinton Treasury official, has been picked by President-elect Obama to regulate the same financial instruments he defended in the nineties, instruments that helped to create the subprime mortgage crisis. Stabilizing the Automotive Industry The text of Treasury Secretary Paulson's statement on stabilizing the automotive industry. President Bush: Automakers to get $17.4BCiting danger to the national economy, the Bush administration came to the resc... [Read Full Article]