Current:Home > FinanceMany small businesses teeter as costs stay high while sales drop -WealthSync Hub
Many small businesses teeter as costs stay high while sales drop
View
Date:2025-04-19 15:21:19
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! (6)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Sylvester Stallone returns to Philadelphia for inaugural 'Rocky Day': 'Keep punching!'
- Muppets from Sesame Workshop help explain opioid addiction to young children
- Spotify to cut 17% of staff in the latest round of tech layoffs
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Alaska Airlines to buy Hawaiian Airlines in deal that may attract regulator scrutiny
- The death toll from a mining tragedy in South Africa rises to 13 after a worker dies at a hospital
- Oxford University Press has named ‘rizz’ as its word of the year
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Virginia woman won $1 million after picking up prescription from CVS
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- In the Amazon, Indigenous women bring a tiny tribe back from the brink of extinction
- Ryan Reynolds Didn't Fumble This Opportunity to Troll Blake Lively and Taylor Swift
- 'Tis the season for holiday cards. Tips on writing a heartfelt note, what else to know
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- China says a US Navy ship ‘illegally intruded’ into waters in the South China Sea
- Ukrainian diplomats negotiate both climate change and Russia’s war on their nation at COP28 in Dubai
- Chris Christie may not appear on Republican primary ballot in Maine
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
How to stage a Griswold-size Christmas light display without blowing up your electric bill
Purdue Pharma, Sacklers' OxyContin settlement lands at the Supreme Court
Divers have found wreckage, remains from Osprey aircraft that crashed off Japan, US Air Force says
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Friends Actress Marlo Thomas Shares Sweet Memory of Matthew Perry on Set
Historian Evan Thomas on Justice Sandra Day O'Connor
Fire blamed on e-bike battery kills 1, injures 6 in Bronx apartment building