O’Leary: Trump policy bill aspect feels unjust and un-American to small businesses
Kevin O’Leary, a star of “Shark Tank,” expressed concern over a proposed bill backed by President Trump. He pointed out that sections concerning small business tax audits might lead to “valuation confusion.” Allley, a proponent of Trump’s economic policies, shared his thoughts with Fox Business host Maria Bartiromo, stating, “It feels almost unjust and un-American […]
Most US businesses report needing to increase prices because of tariffs.
The latest report indicates that many U.S. businesses believe they need to raise prices due to Donald Trump’s tariffs. A survey conducted by Allianz, involving over 4,500 companies from nine countries, revealed that 54% of U.S. companies feel compelled to increase prices to cover tariff-related costs. Strikingly, only 22% of those surveyed felt they could […]
Leading consumer advocate focuses on ‘woke’ hospitals and businesses masking DEI initiatives.
Exclusive Insights on DEI Policies Amid Political Shift As the Trump administration and various Republican leaders move to dismantle diversity, equity, and inclusion (DEI) initiatives nationwide, executives from prominent consumer advocacy groups discussed with Fox News Digital the efforts businesses and agencies are making in response to these developments. A consumer research executive noted, “We’ve […]
Support the GOP Tax Bill to Benefit Small Businesses
House Republican Tax Bill and Its Impact on Small Businesses The Republican tax bill, set to be advanced by the anniversary, represents a significant win for small businesses, a crucial part of the American economy. It’s essential for Republicans to come together in support of this initiative, aiming to usher in what could be a […]
GOP Senators Examine IRS Unit from Biden’s Administration that Could Have Aimed at Certain Small Businesses
Senate Republicans Take Aim at IRS Compliance Unit Four Senate Republicans are raising questions about the Biden-era Internal Revenue Service (IRS) compliance unit, expressing concerns that its operations may be influenced by “ideological considerations.” They worry this approach could disproportionately affect small businesses nationwide. Republican Senators Marsha Blackburn from Tennessee, Steve Daines from Montana, James […]
Confidence among small businesses falls: Survey
Recent data from the National Federation of Independent Business (NFIB) shows that small business optimism remained steady in April, though not in a particularly strong way. For the second month in a row, the Optimism Index for small to medium-sized enterprises (SMEs) dropped below the long-term average of 98, as indicated in the latest survey. […]
Tish James’ consumer-focused efforts might lead to ‘legal pressure’ and benefit greedy lawyers, according to businesses.
Business organizations in New York are expressing frustration with Attorney General Tish James, warning that her approach could lead to a legislative misstep. Critics argue it favors greedy lawyers and results in a “legal shakedown.” James’ Fair Business Practice Act aims to address issues like theft, hidden fees, and hard-to-cancel subscriptions. However, opponents claim it […]
China will completely open its markets to American businesses, according to President Donald Trump.
On Saturday, President Donald Trump announced that China has agreed to “open to American businesses” following recent trade discussions between the two nations. Trump emphasized that this development is likely the most significant outcome of the trade negotiations, speaking to reporters at the White House on Monday. Treasury Secretary Scott Bessent initiated trade talks with […]
Sununu states the Trump administration has around six weeks to finalize a China tariff agreement to boost confidence in the market and for small businesses.
Former New Hampshire Governor Chris Sununu (R) mentioned on Sunday that the Trump administration has “about six weeks” regarding China tariff contracts to instill “trust” in the market and small businesses. “It seems like they have moved forward as of yesterday, but they’ve essentially given the market around six weeks, and some of these small […]
Concerns grow among businesses as US-China tax treaty may be revoked before trade talks.
As Treasury Secretary Scott Bescent readies for trade discussions in Switzerland, there’s growing concern among businesses regarding the potential cancellation of a tax treaty between the United States and China. American firms operating in China could face difficulties in retrieving profits. Business groups warn that if this treaty is terminated or scaled back, they may […]