Current:Home > FinanceMany small businesses teeter as costs stay high while sales drop -WealthConverge Strategies
Many small businesses teeter as costs stay high while sales drop
View
Date:2025-04-17 06:49:12
The U.S. economic outlook has brightened now that inflation is easing, the Federal Reserve is cutting interest rates and the stock market is vaulting to record highs almost daily.
Yet many small businesses are struggling to survive as they cope with more financial strains than they’ve felt in years, posing at least some risk to an expected “soft landing” for the economy that avoids a recession, loan advisers, trade groups and some economists say.
Capitalize on high interest rates: Best current CD rates
veryGood! (74)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Kirsten Dunst recites 'Bring It On' cheer in surprise appearance at movie screening: Watch
- Georgia election board approves new rules that critics fear could allow certification delays
- 'It's happening': Mike Tyson and Jake Paul meet face to face to promote fight (again)
- The White House is cracking down on overdraft fees
- Joe Jonas Shares Glimpse Into His Crappy 35th Birthday Celebration
- Ernesto strengthens to Category 1 hurricane; storm's swells lead to 3 deaths: Updates
- Protesters plan large marches and rallies as Democratic National Convention kicks off in Chicago
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- It’s not just South Texas. Republicans are making gains with Latino voters in big cities, too.
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- 3 exhumed Tulsa Race Massacre victims found with gunshot wounds
- Phil Donahue, Talk Show Legend and Husband of Marlo Thomas, Dead at 88
- Taylor Swift finally sings long awaited 'Reputation' track
- Travis Hunter, the 2
- Weeks after floods, Vermont businesses struggling to get visitors to return
- Paul Mescal Seemingly Confirms Romance With Gracie Abrams During London Outings
- University of Missouri student group ‘heartbroken’ after it was told to rename its Welcome Black BBQ
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
2 dead, at least 100 evacuated after flooding sweeps through Connecticut
Want to be in 'Happy Gilmore 2' with Adam Sandler? Try out as an extra
As much as 10 inches of rain floods parts of Connecticut. At least 1 person is dead
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
50 years on, Harlem Week shows how a New York City neighborhood went from crisis to renaissance
PHOTO COLLECTION: AP Top Photos of the Day Monday August 19, 2024
Ernesto gains strength over open Atlantic. Unrelated downpours in Connecticut lead to rescues