If you are trying to save money, it helps to have a goal. Whether it is for retirement, starting a business or paying for an education, Americans are putting money aside — but many aren’t saving enough, and some, not at all. In fact, 21% of working Americans aren’t saving anything, according to a recent
Small Business
Skyscrapers under construction in London. Oli Scarff | Getty Images New research from British insolvency firm Begbies Traynor revealed that 484,000 U.K. businesses are in “significant financial distress,” which is 14% of all the economically active firms in the country. The “Red Flag Alert” data also showed that the number of firms in “critical” distress,
The Supreme Court has become the latest flash point for LGBTQ politics, agreeing to hear a case about Title VII of the Civil Rights Act of 1964 and workplace discrimination. But at the local level, Texas is the current showdown state for LGBTQ rights. Bill 17, recently passed by the Texas State Senate, sounds innocuous,
NatWest has launched biometric payment approval technology for business and commercial customers. In an announcement Tuesday, the bank said the system enabled its customers to make payments, via an app, using Apple’s Face ID or Touch ID. Once a customer registers a device, they set up and give approval for a payment using biometric authentication.
Vice President Mike Pence said Wednesday that the American dream was “dying until President Donald Trump was inaugurated” in 2017. “Was the American dream in trouble? You bet,” Pence said in an interview with CNBC’s Joe Kernan on “Squawk Box” Thursday morning. “I really do believe that’s why the American people chose a president whose
Women-owned businesses continue to be a growth engine for the U.S. economy, and recent data shows their access to capital is an indicator of the phenomenon. The number of women-owned businesses that applied for funding in 2018 increased by 13 percent, according to an annual study of women-owned companies by Biz2Credit, a leading online credit
IN THE CAR WHERE Paula Hanson lives, often parked outside a local sheriff’s station in Lancaster, California, her phone wouldn’t stop ringing. Hanson tried to explain to the employees at Discover Bank all that had happened to her. First, she had been laid off from her job, and then her father fell ill and she
Across the country there are more drivers on the road, and many of them hanging on to their vehicles longer than ever. That means workers like Michael Gerhart are in demand. Gerhart, a master auto technician at Pep Boys, has been fixing cars for nearly three decades, keeping on top of his skills as technology
At PetersenDean, the solar business is simply booming. The home improvement company offers both roofing and solar installations, and is seeing an increase in demand for solar panels thanks in large part to a mandate in California where it’s based. The state requires newly built homes to include solar power as a feature. The rule
All flights in and out of Newark Liberty International Airport were halted Saturday morning after an aircraft made an emergency landing. An Air Transat flight from Montreal to Fort Lauderdale diverted to Newark because of a possible fire in the cargo hold, the Federal Aviation Administration told NBC News. The plane is currently on the
European stocks are set to open slightly higher Friday morning, after U.K. lawmakers voted to delay a potentially chaotic exit from the European Union for at least three months. The FTSE 100 is seen 10 points higher at 7,195, the CAC is expected to open little changed from the previous session at 5,350, while the
Lana Pol’s small businesses are enjoying big savings under the new tax law — at least for now. The entrepreneur runs four small companies across Iowa, including Mowbility Sales & Service, which sells agricultural equipment, and Geetings Inc., a trucking and warehousing business. Pol said she saw a drop in her overall tax burden this
When Yelp went public in 2012, the popularity of the review site was quickly growing and its stock soared. But it’s been a rocky road since then as advertisers fled the platform and as competition has increased from Google, Facebook and others. Watch the video to hear the story of Yelp and learn why the
A federal judge has struck down a small-business health insurance plan widely touted by President Donald Trump, marking the second setback in a week for the administration’s health care initiatives. U.S. District Judge John D. Bates wrote in his opinion late Thursday that so-called “association health plans” were “clearly an end-run” around consumer protections required
Small Business Administration head Linda McMahon will step down to become the chair of the pro-Trump America First organizations, sources familiar with the matter told CNBC on Friday. McMahon will leave her Cabinet-level role in President Donald Trump‘s administration on April 12. “She has been one of our all-time favorites,” Trump said of McMahon in