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With the credit markets as frozen as they are, it is difficult for many small businesses to get the loans they need to grow. Today, President Barack Obama announced new plans for immediate action to bring America’s credit markets back to life for small business owners.

Small business are a major component of the American economy. [...]

As President Barack Obama seeks to get Congressional approval for an economic stimulus package by mid February, it is interesting to look at where the proposed stimulus would create jobs. The Wall Street Journal has released information about where jobs would be created, as released in a report by the Bureau of Labor Statistics. The [...]

Millions flocked to Washington, DC this weekend and waited for hours in sub-freezing temperatures to witness the historic inauguration of Barack Obama, an event that will cost a cool $170 million.
Extensive security costs along with the countless inaugural parties and “endless rentals” really run up the bill for the weekend, which is jam-packed full of [...]

UPDATE (Friday 1/16 2:05 p.m.): The USPS has said it has “nothing to announce today“.
Rumors are flying about a “Big Announcement” from the United States Postal Service to be announced this Friday, January 16. On several blogs covering Postal Service issues, the topic is hot. Local postal workers near our offices know about the [...]

President-Elect Barack Obama gave a major economic address today at George Washington University, urging Congress to quickly pass his economic recovery plan.
The American Recovery and Reinvestment Plan he is proposing hopes to create or save 3 million jobs over the next few years and spur economic growth as the economy continues to slide.
This speech comes [...]

Several have predicted that there will be some kind of Government intervention in the media industry in 2009 as traditional media continues to struggle. Though it is unclear as to President-Elect Barack Obama’s views on such a move, many see a clear need for a bailout.
Back in November, Connecticut State Representatives petitioned the sate to [...]

President George W. Bush announced today a $13.4-billion plan to aid ailing U.S. automakers in order “shield the American people from a harsh economic blow at a vulnerable time.”
After Senate Republicans blocked the passage of a rescue package for the auto industry, the White House took money from October’s $700 billion bailout for the financial [...]

The Labor Department announced Thursday at that the initial applications for unemployment insurance benefits have increased to a level not seen since November 1982, even though the labor force has grown by about half since them. In the week ending December 6, 573,000 applications were received, far more than the 525,00 claims that economists were [...]

President-Elect Barack Obama plans to invest $250 million in government funds into business incubators every year as president, totaling $1 billion over four years. The move, which he says will encourage entrepreneurship by faciliating networking, business mentorships, and the free flow of innovative ideas, is part of an overarching strategy to help stop the bleeding [...]

During the recently concluded presidential campaign, Barack Obama promised to eliminate capital gains taxes to help stimulate the economy. This is big news for start-ups, so let’s look into what this will mean in the coming months for small, fast-growing companies.

A government report issued Friday announced that the U.S. economy lost 533,000 jobs in November, bringing this year’s total to 1.9 million jobs lost. This was the worst monthly job loss since December 1974.

In the final stretch of this year’s presidential campaign, John McCain turned to taxes as a critical issue in his message. Both McCain and Barack Obama promised to lower taxes, and it seemed that many were unsure who would be cutting taxes the most. With Republicans traditionally the party that tries to lower taxes, Obama’s [...]