Small Business Drives The U.S. Economy
Small business continues to drive the United States economy, according to a report issued today by the Office of Advocacy of the U.S. Small Business Administration. Newly released data show that in 2005, small businesses represented 99.7 percent of all the nation’s employer businesses. Data also show that they employed 57.4 million Americans or 50.6 percent of the non-farm private sector workforce.
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Can Internet communication sustain us?
For some, it would be unthinkable -- certain social suicide. But Gabe Henderson is finding freedom in a recent decision: He canceled his MySpace account.
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When news meets business education
At some point in their course, pretty much every MBA student will encounter "synergy," a modern-day business buzzword for the mutually advantageous combination of separate elements or interests. And what better example of the phenomenon than this: a media group owning a famous magazine name and a fast-growing online university combines the two for a branded business degree. Meet the Newsweek MBA.
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Bernanke Warns That Retiring Baby Boomers Will Strain the Economy
Unless Social Security and Medicare are revamped, the massive burden from retiring baby boomers will place major strains on the nation's budget and the economy, Federal Reserve Chairman Ben Bernanke said Wednesday.
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Most Business Owners Plan to Sell Within Three Years
A seller's market and aging baby-boomer population is causing many entrepreneurs to consider exiting. With millions of baby boomers approaching retirement age, 80% of business owners in the U.S. are now considering selling their firms, according to a new survey.
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