Tag Archives: American

American optimism about the economy hits an all-time high in new CNBC survey

The public’s views on the economy continue to cruise at lofty levels but the optimism does not appear to be lifting the president’s approval rating. The third-quarter CNBC All-America Economic Survey found 43 percent of the public believes the economy is excellent or good, a record high in the 10-year history of the survey. Thirty-six percent believes the economy will ... Read More »

The Last 10 Times an American Small Business Set a Guinness World Record

Small businesses are capable of accomplishing big things — even the biggest. In the last year and a half, 10 small businesses across the United States and Puerto Rico were able to call themselves a Guiness World Records record breaker. Guinness World Records told Small Business Trends in the last year, 800 companies — large and small — have set or ... Read More »

New ‘Buy American, Hire American’ Order May Do Little for Small Businesses

President Donald Trump just signed an executive order that could potentially have an impact on small businesses — but not necessarily right away. The “Buy American, Hire American” order includes several components. Here’s a basic breakdown. Buy American Hire American Order First, the order targets the H-1B Visa program, which allows American companies to bring in foreign workers with highly specialized knowledge. Some have ... Read More »

The American economy isn’t actually becoming more concentrated

Donald Trump’s election win, many speculated, must be due to geographic inequality and the increasing concentration of economic activity in a handful of big coastal cities. It was tough to escape the woeful tales of small-town and Rust Belt voters in the final months of 2016. But as Jed Kolko, chief economist at Indeed.com, pointed out last September, the economy ... Read More »

American Apparel files for second bankruptcy protection

US retailer American Apparel (AA) has filed for its second bankruptcy protection in just over a year. The youth-focused clothes firm, hit by years of losses, will continue trading while it negotiates a potential sale of assets to Canada’s Gildan Activewear. Gildan said it had offered $66m (£53m) for the rights to the AA brand and stock, but did not ... Read More »

EU rebuffs Swedish call to ban North American lobster imports

The European Union has rebuffed a Swedish push to ban live imports of a species of North American lobsters it saw encroaching on its shores, in a reprieve for U.S. and Canadian fishermen. A European Commission official told Reuters on Friday that Sweden’s proposal to blacklist the crustaceans had failed to find support in the EU’s Committee on Invasive Alien ... Read More »