Decline in US Small Business Optimism: Biggest Drop in Over Two Years

Decline in US Small Business Optimism: Biggest Drop in Over Two Years
3 months ago

Recent data from the National Federation of Independent Business (NFIB) has revealed a significant decline in optimism among small business owners in the United States. The optimism level fell by 3.7 points in August, marking the steepest drop since April 2021. Currently, the NFIB optimism index stands at 91.3, below the long-term average of 98 points. This result came as a surprise to analysts who had predicted a less severe decline.

Continue reading
Alibaba and Mastercard Launch Credit Card for US Small Businesses

Alibaba and Mastercard Launch Credit Card for US Small Businesses
3 months ago

Chinese e-commerce giant Alibaba and international payment system Mastercard have announced the launch of a joint credit card aimed at supporting small businesses in the United States. The new credit card will provide small companies with access to a range of financial services and special offers to help them grow.

Continue reading