The U.S. Small Business Administration faces a 45 percent drop in funding under President Barack Obama’s budget request after receiving extra funding in economic stimulus legislation.
When Robert Freed walked into Pet Foods Plus, his flooded store on Midland Avenue in Staten Island, two blocks from the Atlantic Ocean, he knew what he smelled immediately: the stench of rotten kibble and cat food, a few tons of it.
The White House is considering two community bankers to fill an open seat on the Federal Reserve’s Board of Governors, according to two people with knowledge of the process.
U.S. retail sales probably increased in April after posting the largest monthly gain since September 2012, data in the coming week may show.
Federal Reserve Chair Janet Yellen said the U.S. economy has further to go to achieve full health and predicted small businesses will play a vital role in the recovery.
U.S. retail sales probably increased in April after posting the largest monthly gain since September 2012, data this week may show.