News & Insights

The Small Business Administration issued a statement on March 10, 2025 that will "will cut $100B in regulation, expand access to capital and create dedicated infrastructure to support blue-collar boom."

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As Artificial intelligence advances, and one of its most concerning applications is deepfake technology. According to Cyber Defense Magazine, the number of deepfake videos online has surged at an alarming annual rate of 900%. Originally a novelty for entertainment, deepfake voices are now being weaponized for fraud. Criminals are using AI to replicate voices with stunning accuracy, allowing them to impersonate real people and deceive unsuspecting victims.

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Taiwan Semiconductor Manufacturing Company's (TSMC) announcement of an additional $100 billion investment in Phoenix, Arizona, marks a transformative moment for the region’s economy and the broader U.S. semiconductor industry according from Fox10. This substantial commitment is poised to generate significant economic activity, job creation, and technological advancement.

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According to the National Institute of Mental Health (NIMH), 72% of entrepreneurs report experiencing mental health concerns, compared to 48% of non-entrepreneurs. Additionally, research published by Detroit Regional Chamber, startup business owners report the highest stress levels (72%) compared to owners who have been in business for more than 6 years (58%). Given these challenges, entrepreneurs should take into consideration to prioritize mental health not only for personal well-being but also for long-term business success.

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Many entrepreneurs feel that their businesses can only flourish if they do. While many business owners focus on external strategies like marketing, operations, and sales, those who prioritize self-improvement often achieve greater long-term success. According to Brimco, 88% of organizations believe that leadership has a significant impact on business results.

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Charity scams exploit the goodwill of individuals by posing as legitimate organizations or causes to misappropriate donations for fraudulent purposes. According to the Federal Trade Commission, Americans reported losing over $300 million to charity scams in 2023 alone, a substantial portion of which involved fraudulent charitable appeals​. These scams often arise after natural disasters, global pandemics, or other crises, preying on donors’ emotions and urgency to act. Unfortunately, this fraudulent activity not only impacts victims financially but also erodes trust in legitimate charities, undermining their ability to assist those in need.

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Being a role model means showing, not just telling. When you succeed in your own life, it builds credibility with those who look up to you. People are much more likely to trust and follow someone who has "been there, done that." According to a study by the Journal of Business and Psychology, mentees not only report higher job satisfaction but also demonstrate a 90% chance of being promoted compared to their peers without mentors. Your success story serves as proof that the journey is possible, and by demonstrating what can be achieved, you inspire others to believe in themselves.

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Small businesses serve as the backbone of the economy, employing nearly 61.6 million Americans and driving innovation across various industries, according to the U.S. Chamber of Commerce. However, they often face economic challenges that disproportionately affect them due to their limited resources.

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Nonprofit organizations address critical needs that often fall outside the reach of government and business efforts. Economically, according to Tronvig, nonprofits play a significant role by contributing $1.4 trillion to the U.S. economy in 2022, accounting for 5.6% of the GDP. Their influence extends beyond direct operations, creating a ripple effect in local economies. For instance, in sectors like the arts, 100 jobs in a nonprofit can spur an additional 152 jobs in related industries. This multiplier effect demonstrates how nonprofits bolster economic stability through their demand for goods, services, and employment​.

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On Wednesday, the Federal Reserve reduced its key interest rate by a quarter percentage point, marking the third consecutive reduction. This decision came with a cautionary message regarding the possibility of further decreases in the coming years.

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