Economy
6 articles
Supporting Local Businesses: Defining Town Character
For every $100 spent at a local business, roughly $68 stays within the local economy, a stark contrast to the less than $14 recirculated by chain stores, according to Pillur .
Region Sees New Business and Community Spaces Opening
In the historically underserved Northside district, a defunct textile factory has transformed into 'The Canvas,' a vibrant community arts center, offering free workshops, according to the Northside Co
How Do Local Businesses Shape Community Identity and Economy?
For every $100 spent at an independent local shop, approximately $50 recirculates within the community, according to Localcart .
What is the economic impact of family businesses?
In 2021, family businesses constituted a staggering 87% of all businesses in America, totaling 32.
FedEx Reports $25 Billion Quarter Amid Tariff Headaches
FedEx reported a 7.7% adjusted operating margin, its highest in four years, even as shares for its Freight division fell by nearly 13.8% on the same day. The company's fiscal fourth-quarter 2026 earni
AI's risk: job transformation and hiring slowdown
AI reduced monthly payroll growth by roughly 16,000 jobs in the past year, raising the unemployment rate by 0.