Business and Economy
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U.S. Century Bank has launched Team Four, a new business-lending group, to expand its Small Business Administration (SBA) and Commercial & Industrial (C&I) lending capabilities. The group will focus on supporting small businesses in the Airport West market, including Doral, Medley, East Hialeah, and the Milan Dairy corridor. Benito “Benny” Carmona, Senior Vice President and […]
The U.S. stock market experienced a modest increase on Wednesday, largely driven by the performance of Nvidia. The S&P 500 edged closer to its recent all-time high. Market Performance The S&P 500 rose by 0.6%, reaching 6,881.31. The Dow Jones Industrial Average increased by 129.47 points, closing at 49,662.66, and the Nasdaq composite gained 0.8%, […]
Wright State University has been selected to participate in the U.S. Space Command’s Academic Engagement Enterprise. The university joins Ohio State University and the Air Force Institute of Technology as the third Ohio institution in the program. Collaboration with U.S. Space Command Wright State University will collaborate with U.S. Space Command on strategic initiatives, space […]
Several individuals with significant roles in the US business world have announced their departures following the release of Justice Department files pertaining to Jeffrey Epstein, a financier who died while facing sex abuse charges. These filings have prompted scrutiny of connections between Epstein and various prominent figures. Departures from Hyatt Hotels Thomas Pritzker has retired […]
All Strikes Lanes on Telegraph Road in Toledo, Ohio, is marking its third anniversary with renovations and community events. The bowling alley has seen significant changes since new ownership took over in 2022. Recent Renovations The facility has undergone extensive renovations over the past three years, including lane renovations, fresh murals, new paint, and upgraded […]
Ford CEO Jim Farley recently engaged in discussions with senior officials in the Trump administration to explore potential frameworks for Chinese automakers to enter the U.S. market. These preliminary conversations, which occurred in January during the Detroit Auto Show, involved discussions of a possible structure that would require Chinese manufacturers to produce vehicles locally, potentially […]
Clean energy investment in the United States experienced a significant downturn in 2025, according to a recent report. The findings highlight a substantial loss of clean energy projects and raise concerns about the nation’s progress toward renewable energy goals. A new report from the clean energy think tank E2 revealed that over $35 billion in […]
March 3, 2025, 5:13 a.m. ET Fayetteville, North Carolina, is recognized as a success story for Black-owned businesses, with a high percentage of such enterprises in the area. Despite progress in some areas, systemic barriers continue to hinder full economic equality for Black Americans. Fayetteville’s Business Success Fayetteville stands out as both a national and […]
After the COVID-19 pandemic’s initial shocks to business owners, entrepreneurship rebounded, with the number of new business applications booming since 2020. According to the Census Bureau, national business applications remained fairly stagnant from 2017 to 2019, but between April 2020 and July 2020, applications more than doubled, from 235,695 to 546,415. Applications remained high through […]
The launch of ChatGPT occurred just over three years ago, followed by recurring concerns about potential job losses in white-collar professions. Recent data from various studies, however, suggests a more nuanced impact than initially predicted. Artificial intelligence is demonstrably influencing the US job market, but the changes appear to be gradual and focused rather than […]