Small minority-owned businesses asking Congress for equality

COLUMBUS (WCMH) — Post-pandemic economic recovery is tough for small businesses, tougher for minority-owned businesses, and a steep climb for those owned by women of color. Goldman Sachs surveyed 10,000 small business owners and learned minority businesses are calling employees back at a slower rate, have less in cash reserves, and only 20 percent of […]

USA: Three reasons there’s a labor shortage… according to Labor Secretary Marty Walsh

Juliana Kaplan – Oct 10, 2021 – Business Insider There are currently anecdotal labor shortages all over the economy, as employers scramble for workers. It’s another marker of the strange labor market trend where millions are unemployed, but workers are quitting in droves. Labor Secretary Marty Walsh attributes shortages to the virus, its unprecedented times,…

Gary Gensler: SEC Won’t Ban Cryptocurrencies, But Congress May Do

US Securities and Exchange Commission (SEC) Chairman Gary Gensler said in a speech to Congress on Tuesday that his agency had no plans to ban cryptocurrencies. When asked by Rep. Ted Budd if the SEC, following China’s example, could ban cryptocurrencies to support the launch of a national digital currency,…

Small Business Spotlight: Prohibition N.Y. in Jackson Heights

JACKSON HEIGHTS, Queens — Chef Felix Castro described his beloved Jackson Heights as, “the Latin Times Square.” For that very reason, Castro wanted to launch his latest venture in the lively Queens neighborhood. It’s called Prohibition, a concept bar and restaurant which pulls from the era where having a good time while having a cocktail […]