Why the FED should not Act!
The Federal Reserve Bank has added over a trillion dollars to its balance sheet in order to stimulate the economy. It has also pledged to keep interest rates fixed through 2014. However, it should not take further action.
Month: July 2012
Contagion from Euro Zone Hits the US
Contagion from the euro zone debt crisis has hit the US in the form of lower confidence and spending by investors and consumers and greater difficulty in borrowing and refinancing mortgages.
Repealing Healthcare would Increase the Deficit and Uninsured
If Republicans repeal the Healthcare Act, it would add $145 billion to the deficit and 32 million people to the ranks of the uninsured between 2012 and 2019.
Economy is Losing Steam Faster
The economic indicators for the week of July 23 suggest that the economy is losing steam faster. A broad range of important indicators turned more negative, and the economy is stalling rather than turning around.
High Performing Minority Businesses Plan Growth
To grow your company successfully you must plan! Planning is the main reason why some minority businesses have been able to grow successfully while others have not. They also improve management efficiency.
High Growth Small Businesses are not all High Tech
It is a popular myth that high performing companies operate mainly in information technology enterprises. They exist in many industries. However, they are least likely to be in construction and retail.
Changing Environment for Minority-owned Businesses
Two decades ago, when minority firms started up they tended to be dependent upon minority business enterprise programs. Today, they must adapt to a globally competitive market.
Naming Your Business: Gazelle Index Best Tips
A business name should be catchy and memorable and stir the imagination without necessarily having any logical meaning or direct link to the product or service; Amazon.com, Google, Yahoo and Groupon.
Week in Review: Economic Ups and Downs
Everyone was braced for bad economic news following the disappointing unemployment numbers of last week. However, the week may be ending on a good note following J.P. Morgan’s earnings report.
Black-Owned Businesses: Region and Employment Size in 2011
The largest number of Black owned businesses is located in the South That region accounted for 59.1% of black businesses with 10 to 100 employees. Their average revenue was $1.8 million in 2011.