Payment card fraud losses reached $28.65 billion worldwide in 2019, according to the most recent Nilson Report data. The United States alone is responsible for more than a third of the total global loss, making it the most card fraud-prone country in the world.Julie Conroy, a research director...
10'000 Hours | DigitalVision | Getty ImagesThere is just over a week left of priority access to the Paycheck Protection Program's forgivable loans for the owners of the nation's smallest businesses.Last Wednesday, the Small Business Administration started only accepting PPP loan applications from firms with fewer than 20...
Virojt Changyencham | Moment | Getty ImagesThe self-employed and gig workers are anxiously waiting for the Small Business Association to update guidelines to its Paycheck Protection Program, which could mean bigger loans for the group.The Biden administration announced last week changes to how the SBA will calculate forgivable...
While small business owners are cheering President Joe Biden's plans to direct more aid to a Main Street that has been ravaged by the pandemic, they're also debating another of his pledges — hiking the federal minimum wage to $15 an hour.Workers' rights groups are cheering the move,...
As the Covid vaccine rollout gains steam nationwide, restaurants are weighing options to encourage workers to get the vaccine.Foodservice workers are recommended in phase 1(c) of the Centers for Disease Control and Prevention's lists of who should be vaccinated when supply is limited, falling just behind high-risk health-care...
The Hemphill Brothers Coach Company knows a thing or two about how celebrities live on the road. The Nashville-based RV company, run by brothers Joey and Trent Hemphill, has been building and outfitting luxury tour buses for 40 years, touting an A-list client roster ranging from mega stars like...
Plastic 'house' tents are set outside a restaurant on the Upper West Side as the city continues the re-opening efforts following restrictions imposed to slow the spread of coronavirus on November 01, 2020 in New York City.Noam Galai | Getty ImagesMore than 110,000 eating and drinking establishments closed...
Adrienne Parker, who owns a consulting firm, has applied for a second round of PPP.Source: Adrienne ParkerAdrienne Parker knows what it is like to struggle as a Black small business owner during the pandemic.The sole proprietor of Peace of Mind Consulting, a management and bookkeeping consulting firm in...
Sinelia Louis will finally be eligible to apply for a PPP loan due to changes by the Biden administration that allow access for non-citizen small business owners.Sinelia LouisWhen Sinelia Louis, 50, heard about the recent changes to the Small Business Administration's Paycheck Protection Program, she felt like her...
President Joe Biden speaks during an announcement related to small businesses at the South Court Auditorium of the Eisenhower Executive Office Building February 22, 2021 in Washington, DC.Alex Wong | Getty ImagesThe Latino community has been struck particularly hard by the Covid-19 crisis. The Stanford Latino Entrepreneurship Initiative...