Failure of First Republic Bank can indicate a banking crisis on the horizon
JPMorgan Chase has acquired the majority of the assets of First Republic Bank following the federal government's seizure of the regional bank.
FDIC proposes increases to insured business deposit limit
The FDIC has suggested easing the current deposit insurance limit for U.S. businesses, allowing bank deposit insurance for accounts holding more than $250,000, in an effort to address the industry's instability that led to three bank failures in the last two months.
Top US cities for starting a business in 2023, according to WalletHub
A recent WalletHub study ranked major U.S. cities to determine which are the best for starting a business in 2023.
Will the US Economy survive the Fed’s interest rate hikes?
The US economy is currently facing the question of whether it will experience a crash or a gentle return to Earth.
Drop of 35% in Warehouse Construction
The economy has adversely affected several industries, and the latest sector to bear the brunt is warehouse construction.
Small Businesses Encounter IRS Issues
With Tax Day upon us, small businesses are already struggling with economic growth, and the IRS has not been of much help.
Warehouse Leases of 3PLs Exceed Those of Retailers
Reports are now showing that in 2022, 3PLs accounted for 41% of all lease transactions in warehouses and distribution centers that have at least 200,000 square feet.
Walmart Shuts Down Four Stores in Chicago
Since Walmart set up shop in one of the biggest U.S. cities, it has lost tens of millions of dollars, with its yearly losses doubling in the last 5 years.
Small and Medium-Sized Businesses Face Credit Crunch
In the recent years, with the rise in interest rates, small businesses have been under a lot of financial pressure.
Toyota Signs $210 Million Lease Agreement
A Southeast Toyota distributor has signed a lease agreement with Jaxport's 88-acre facility in Florida.
Supply Chain Delays Affect 60% of Small Businesses
A new survey conducted by Anvyl has revealed that out of the 400 small businesses (SMBs) surveyed, 25% of them expressed concern about their supply chain strategies for the upcoming year.
Slowdown Looms for U.S. Warehouse Capital
The Inland Empire of Southern California has been experiencing a significant slowdown since the height of the pandemic.
Congress remains divided over bank failure solutions
The collapse of the Silicon Valley Bank and First Republic Bank has caused an uproar among the American public.
Tesla wins $330 million in tax breaks from Nevada
Additionally, the approval of a sprawling Tesla vehicle battery facility east of Reno will include the construction of a long-awaited electric semi-truck factory.
Oregon temporarily suspends EV rebates due to money running out
Too many people are applying to the program which would provide rebates for buying or leasing an electric vehicle, according to The Oregon Department of Environmental Quality.
Inflation seems to be sticking around for a while
Inflation has been at a stressful high for the last couple of months because of consistent consumer demand despite rising interest rates.
The Biden Administration scrambles to shield the economy after multiple bank crashes
The dismantlement of Silicon Valley Bank within 48 hours by regulators has the federal government rushing to stifle the bleeding of a resilient - but vulnerable - economy.
Could a SVB bailout result in growth for global logistics and shipbuilding challenges?
G Captain Founder and CEO Captain John Konrad is signaling the importance of changing how banks int he US operate when funding shipyards and naval security.
Incoming recession likely to come later in 2023 than expected
A large swatch of the country’s economists are anticipating a recession in the United States, but the date that comes to fruition is to be a little later than initially expected.
With federal money on the table, semiconductor industry is battling it out
The US semiconductor industry is starting to stir as the $52 billion in subsidies from the CHIPS act sits on the table.
