Small businesses say inflation is cutting into profits: New survey

If you’re a small business owner, you’ve probably had a tumultuous past few years. For businesses that experienced the worst of the Covid-19 pandemic shutdown and supply chain issues, the economic recovery has brought back customers willing to spend. But recently, business owners have had to contend with record inflation, which is driving up the … Read more

Millennial Money: Why You Should Increase Your Credit Limits Now | Health and fitness

Relying on a credit limit in a shaky economy is equivalent to expecting a weak bridge to weather a storm and carry you to survival. It is not unusual for credit card issuers to minimize their risk by reducing credit limits or closing accounts when there is potential for economic distress. Credit card issuers took … Read more

How Small Businesses Cope With Inflation and Recession Fears

Isabel GarcĂ­a Nevet is once again making adjustments in her business. After dealing with the pandemic and dealing with rising inflation, she’s now thinking about how her Miami chocolatier, Garcia Nevett Chocolates, can weather a possible recession. Because the growth of her small business is tied to corporate gift giving, she worries about cost cuts. … Read more