Amazon unveils buy now, pay later option from Affirm for small business owners

Amazon unveils buy now, pay later option from Affirm for small business owners

Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use its online store, CNBC learned exclusively. The tech giant confirmed Thursday that its partnership with Affirm is expanding to include Amazon Business, the e-commerce platform that caters to companies. Affirm shares jumped 19% on the…

The Fed decision on interest rates won’t offer much relief to Main Street businesses

The Fed decision on interest rates won’t offer much relief to Main Street businesses

Oleksandra Yagello | Moment | Getty Images In many respects, conditions are good for U.S. small businesses. Inflation, from the cost of goods to wage growth in the labor market, are coming down. And the economy is growing like gangbusters, with the most recent GDP reading outperforming expectations, a fact that the Federal Reserve noted…

Striking Autoworkers Just Won A Huge Concession From General Motors

Striking Autoworkers Just Won A Huge Concession From General Motors

The United Auto Workers union reached a tentative agreement on a new contract for 48,000 General Motors workers on Monday, bringing a potential end to the union’s roughly six-week strike against the “Big Three” automakers. The union said it had achieved a core demand in talks with GM: putting battery plant employees under the UAW…

How Innovation Refunds cashed in on the Employee Retention Credit

How Innovation Refunds cashed in on the Employee Retention Credit

The Employee Retention Credit was intended to be a financial lifeline to small businesses struggling to make ends meet during the pandemic. The government program, seemingly flush with cash, led to the emergence of an industry of its own, which focused on helping businesses claim the credits. Suddenly, a parade of ads encouraging businesses to…

The last resort of bankruptcy is rising among Main Street businesses across America

The last resort of bankruptcy is rising among Main Street businesses across America

Liquidation Sale signs in business storefront, Queens, New York. (Photo by: Lindsey Nicholson/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Small business bankruptcies are on the rise. Subchapter V filings — which most small businesses these days are using to reorganize a floundering business — have outpaced filings from…

The Auto Workers Strike Could Be Coming To An End At Ford

The Auto Workers Strike Could Be Coming To An End At Ford

The United Auto Workers union and Ford have reached a tentative agreement that could end the nearly six-week strike against the iconic Detroit automaker, the union announced Wednesday. The deal, the full details of which were not immediately released, must still be ratified in a vote by the 57,000 union members who work at Ford….

‘Bidenomics’ on Main Street: Lending to women-owned small businesses tops $5 billion, SBA reports

‘Bidenomics’ on Main Street: Lending to women-owned small businesses tops $5 billion, SBA reports

Thomas Barwick | DigitalVision | Getty Images It wasn’t too long ago that women who needed business capital didn’t struggle to access it — they simply couldn’t get it, at least not without a male relative to co-sign on a loan. There’s been considerable progress since 1988 when that law was changed, but the gender…

The next big post-affirmative action legal ruling to drop targets billions in small business contracts

The next big post-affirmative action legal ruling to drop targets billions in small business contracts

The Small Business Administration’s federal contracting program for socially and economically disadvantaged small businesses wasn’t a direct target of the U.S. Supreme Court decision earlier this year to effectively end race-conscious admission programs at colleges and universities. But it helped buoy the legal attacks against the SBA program, and more changes could be on the way…

What to know as IRS kicks off withdrawal option for pandemic-era small business tax credit

What to know as IRS kicks off withdrawal option for pandemic-era small business tax credit

The Good Brigade | Digitalvision | Getty Images More from Year-End Planning Here’s a look at more coverage on what to do finance-wise as the end of the year approaches: “This is a game-changer,” said Eric Hylton, national director of compliance for Alliantgroup, a firm that has been reviewing ERC claims for other tax professionals….