Access to bank loans for small businesses climbed last quarter signaling strength and optimism in the economy, according to the latest Private Capital Access Index (PCA Index) from Dun & Bradstreet and Pepperdine Graziadio Business School. Fifty-five percent (55%) of surveyed businesses reported successful financing with a business bank loan, a record high since the…
Tag: tariffs
GM Warned Trump of Massive Job Cuts After Tariffs
For many Americans, Thanksgiving weekend is a time to anticipate and look forward to the gift giving of the holiday season. For approximately 14,000 employees of GM and their families (and the many businesses that derive their income from them), that gift planning was dampened by the news that the auto maker were making numerous…
The Administration’s Trade Policies are Hitting Ford Hard
Ford Motor Company just announced layoffs in the midst of a reported $1 billion in tariff-related losses. Auto sales are down due to trade tariffs that President Trump imposed on metal and other car-related materials. Competitive Enterprise Institute trade policy expert Ryan Young says this sort of economic calamity is not surprising. “President Trump’s push…