Small Businesses

Illinois Governor J.B. Pritzker authorized an emergency rule that calls for a fine or jail time for business owners who defy the state’s pandemic induced stay-at-home orders. What Happened On Friday, Pritzker’s office instated a rule that would classify defying the state’s...

“Shark Tank” investor Mark Cuban believes the market is overvalued as coronavirus induced uncertainty over consumer spending persists. The Missing Demand Attired in a Dallas Mavericks t-shirt, Cuban told CNBC’s “Closing Bell” program that the stock market is overvalued...

The United States House of Representatives on Thursday voted 388 to five in favor of a $484 billion novel coronavirus (COVID-19) relief package for small businesses and hospitals. What Happened The House was meeting after weeks due to the shelter-in-place requirements imposed to curb the spread of...

Etsy Inc. (NASDAQ: ETSY) CEO Josh Silverman says that sellers and consumers of face masks are on a rampage amid COVID-19 pandemic. What Happened With 2.7 million sellers, online marketplace Etsy currently has almost 20,000 shops selling face masks as the Centres for Disease Control and Prevention...

Other than loans under the Paycheck Protection Program, JPMorgan Chase & Co. (NYSE: JPM) will not accept any other small business loan applications until further notice. What Happened JPMorgan’s consumer head Gordon Smith informed President Donald Trump on Tuesday the bank had...

Wells Fargo & Co. (NYSE: WFC) restricted its contribution to $10 billion in the Federal government small business rescue program due to regulatory constraints. What Happened Wells Fargo launched its application portal on Saturday and commented that it has possibly reached its $10 billion...

Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. In this episode of the Fintech Focus...

Trends in home buying over the past 10 years have revealed that buyers are increasingly foregoing traditional financial institutions in favor of alternative lenders when seeking home loans and mortgages. This has become so common that six of the top ten home lenders are now non-bank entities. While...

Guggenheim surveyed 272 small businesses to better understand Shopify Inc (NYSE: SHOP)'s positioning within the e-commerce landscape. The Analyst Guggenheim's ' Ken Wong maintains a Buy rating on Shopify with an unchanged $180 price target. The Thesis Shopify is home to around 770,000...

Small businesses across the United States are more optimistic at the end of February than they were at the start of the month. Speaking as a guest on CNBC's "Squawk Box" segment Tuesday, Paychex, Inc. (NASDAQ: PAYX)'s president and CEO Marty Mucci noted February also marks the third consecutive...

The National Federation of Independent Business (NFIB)'s index, the leading index of small business optimism, jumped the highest amount since 1980. According to Bloomberg, the NFIB rose 7.4 points in December to 105.8 from 98.4 in the prior month. Seventy-three (73) percent of the advance was...

There is a simple reason why Starbucks Corporation (NASDAQ: SBUX) seems to sit on every street corner and in every mall. Banks and landlords favor national chains and large retailers over mom-and-pop stores because they are considered to be a much safer bet. Unfortunately for many consumers, this...