The Federal Trade Commission is seeking public comment on a proposed rule that would prohibit the impersonation of individuals, according to a media release. The proposed rule changes would extend protections of the new rule on government and business impersonation that is being finalized by the Commission. The agency is taking this action in light […]Read More
Another year has begun. For small-business owners, that means the time to get moving is now. While no one can predict exactly what the future will hold, there are plenty of trends entrepreneurs can monitor to stay prepared for challenges and opportunities in the days ahead. With potential impacts for both day-to-day operations and the […]Read More
Newly released Federal Trade Commission data show that consumers reported losing more than $10 billion to fraud in 2023, marking the first time that fraud losses have reached that benchmark. This marks a 14% increase over reported losses in 2022. Consumers reported losing more money to investment scams—more than $4.6 billion—than any other category in […]Read More
If you’re a business owner looking to expand your markets, there’s a whole wide world out there. And the U.S. Small Business Administration is ready to get you acquainted with it. According to the SBA’s website, the agency’s district offices and Local Resource Partners can help with federal programs and services nationwide. Businesses can contact […]Read More
Despite ongoing shortage of nurses and other healthcare workers, the healthcare and social assistance sector accounted for the most employees, 22.1 million (15.8%) of 140 million total employees, and had the most annual payroll, $1.3 trillion (14.9%) of $8.6 trillion in 2022, according to the 2022 Economic Census released by the U.S. Census Bureau. The […]Read More
At the Conference on Measuring Cyber Risk in the Financial Services Sector in Boston earlier this month, Federal Reserve Board Vice Chairman for Supervision Michael Barr reminded bankers the threat from digital piracy is very real. This is good advice for business owners in general as well. “Cyber threats are constantly evolving, and we can […]Read More
The traditional image of the milkmaid bringing fresh milk from dairy cows was long ago replaced by mechanical milking machines. But in today’s high-tech world, milking robots are the next big thing, and the market is expected to top $5.3 billion in the next five years, according to a report from MarketsandMarkets. The growing demand […]Read More
As baby boomers continue to age, the number of people 65 and older will reach almost 81 million by 2040, predicts the US Administration on Aging. That’s a soaring 44% increase from what it is now. Aside from creating a new demographic, this ‘silver tsunami’ of retirees is having a major impact on new products […]Read More
The Best Tech Tools to Help Seniors Age in Place In one recent study of 1,000 respondents aged 55 or older, 89% of participants said they wanted to age in place at home versus seeking traditional senior living homes. Yet, the same Today’s Homeowner study shows that only about 34% are confident they can afford […]Read More
As a first-time parent to a one-year-old, I can personally attest to the endless questions that come with raising a baby. And depending on who you ask or what website you reference, you’re bound to get conflicting information, especially now with the countless amounts of information and “must-have” products on the market. While this is […]Read More