Anxiety & Confusion From Tariffs Are Causing Uncertainty
This year began with high expectations for the strength of the U.S. economy, with a strong 2.8% year-over-year growth in gross domestic product in 2024 that was led by consumer spending. Since then, anxiety and confusion have taken center stage in the economy and financial markets as uncertainty over public policy has intensified.
Small Business Optimism Increases in May
The NFIB Small Business Optimism Index found that small business optimism increased in May. However, uncertainty is still high among small business owners.
Small Business Sales Grow Slightly in May
Fiserv's Small Business Index for May 2025 found that despite shifting spending patterns as consumers navigate near-term economic uncertainty, small businesses maintained solid year-over-year sales growth of (+3.3%) and total transactions rose (+3.8%).
Father’s Day Spending to Reach Record $24 Billion
Father’s Day spending is expected to reach a record $24 billion this year. The figure is up from last year’s $22.4 billion and exceeds the previous record of $22.9 billion in 2023.
Gen Alpha Data Unveils Future Influence and Purchasing Behaviors
Collage has released research unlocking what drives Gen Alpha – their values, behaviors and digital fluency. In this article, we break down the report, titled New Gen Alpha Trends: Tap Into Drivers for Media, Entertainment, & Personal Care, which highlights the driving forces behind this generation's purchasing behavior.
NFIB Highlights Benefits of Small Business Tax Deduction in MN
The National Federation of Independent Business (NFIB), a small business advocacy organization, has released two new digital tools to help small business owners, policymakers and the public in Minnesota understand the significant economic impact of the 20% Small Business Tax Deduction and what’s at stake if Congress fails to make it permanent.
KT Winery Expands Retail Presence
Women-led wine brand KT Winery is increasing its retail footprint this year. The company’s wine – which is currently available at Target, Total Wine, Safeway and Food City, as well as being served aboard one of the world’s largest airlines – plans to add almost 200 retail locations in Florida, Georgia, California and Pennsylvania before the end of 2025.
House Passes Critical Tax Package for Retailers
On May 22nd, the House of Representatives approved an amended version of the budget reconciliation bill, sending it to the Senate for consideration. The bill, H.R. 1, known as the One Big Beautiful Bill Act, passed by a vote of 215 in favor, 214 opposed, with one member voting present.
Comcast Gives Back During National Small Business Month
With May being National Small Business Month, Comcast is showing their dedication to aiding small businesses with a range of initiatives focusing on tech solutions, growth strategies and community engagement.
Adding ‘Swipe’ Fee to Cryptocurrency Bill Could Provide Inflation Relief
Adoption of the Credit Card Competition Act (CCCA) as part of cryptocurrency legislation expected to be approved by the Senate would provide Congress with an opportunity to ease higher prices from inflation.
