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Sunday, October 11, 2026

Business

Higher costs weigh on Americans’ holiday shopping plans this year: WHNY News survey

As many Americans continue to feel pinched by an uneven economy, new data highlight the toll of higher costs on planned shopping habits this holiday season.  Nearly 80 percent of Americans say things are more expensive this year and four in ten plan to spend less as a result, according to the CNBC|SurveyMonkey 2025 Small

An industry focused on death faces an existential crisis

For nearly a century, John Dioguardi's family has been making custom headstones and other memorial markers at Rome Monument in western Pennsylvania. Recently, he's wondered how much time his business has left. Dioguardi has been trying to adapt for more than a decade as the rise in cremations has hurt demand for the traditional burial

Low-cost franchise business model is changing, but not the risks

Caroline McDavid and her husband started South Carolina-based franchise business Juiced Fuel in 2022 to take that pesky stop at the gas station out of people's day. They'll come to you, top off your tank, and be on their way. There's no real estate involved, no fancy office space, or hiring fairs to contend with.

Gen Z, millennial spending cutbacks set to reshape holiday shopping season

As holiday shopping season begins, younger Americans are preparing to scale back their participation more than any other generation. Gen Z and millennials plan to shop with tighter budgets, shorter gift lists, and more creative cost-saving measures, whether it is for Black Friday, Small Business Saturday or Cyber Monday, according to the latest CNBC|SurveyMonkey 2025

Chinese consumer brands flood into Africa as old investment model fades and exports jump 28%

Chinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector. While Africa's faster-growing economies, such as Kenya, Uganda and Zambia, see annual growth rates of 4.8%, 6.4% and 5.8%, respectively, the GDP of the overall continent's 50-plus countries is 4.1%. That is according to

Many boomer business owners are getting ready to sell. They may be setting themselves up for failure

Many baby boomers are contemplating a business sale in the years ahead, but could be setting themselves up for failure in this consequential financial liquidity event. The mechanics of preparing a business for sale are critical, but small business owners often don't put enough thought into it.  According to a recently released report from the Exit Planning

Trump’s ‘No tax on tips’ could be end of large-group service fees on restaurant bills

Many restaurants may need to rethink their mandatory gratuity policies if they want this income to count as qualified tips for their workers under the new tax laws. The "no tax on tips" provision in President Trump's One Big Beautiful Bill Act allows certain workers to deduct up to $25,000 in "qualified tips" per year

What Zohran Mamdani’s big win means for Main Street small business owners

Zohran Mamdani's shock-to-the-establishment victory on election night left the Wall Street and billionaire class reeling, but it could provide a jolt to the small business community. Supporters of Zohran Mamdani point to the mayor-elect of America's largest city having put out a detailed policy plan for small businesses. Among Mamdani's small business policy proposals are

Health insurance premiums rising for Main Street business owners, employees, with little relief in sight

Americans will experience sticker shock this health insurance open enrollment season, with higher premiums for individuals and families, and for small business owners and their workers on Main Streets across the U.S., there's little relief. While small business advocates are seeking Congressional assistance, the prospects for support are hazy, at best.  After payroll, healthcare is

Business to sell? Trump’s new tax law offers owners on Main Street more lucrative way to cash out

Thinking about selling your small business in a few years? The One Big Beautiful Bill Act could mean millions more in your pocket. President Donald Trump's signature legislation, enacted in July, has significantly expanded the benefits of qualified small business stock, shares in an eligible small business that are subject to special capital gains tax
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