Recession

A Modern Day Gold Rush

Bloomberg Businessweek reports that fear of financial collapse has enhanced gold’s glitter, with prices soaring more than 300 percent the past decade, including 30 percent just in the last 12 months. And just as strong U.S. real estate prices a few years ago created a burgeoning ecosystem of entrepreneurs exploiting that bubble, gold’s surge has […]

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Small Biz Borrowing On The Rise

Reuters: The Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of financing to U.S. small businesses, rose 20 percent in October after increasing a revised 12 percent in September, PayNet said on Thursday. Still, at 98.1, the index shows borrowing has not yet recovered to its level of 100 reached in 2005,

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The Weakening Of Small Business

HeraldNet recently asked some entrepreneurs for their take on small business in the future. Has a weak economy permanently harmed small business? Tell us your thoughts in the comments. Phil Bannan, co-owner of Scuttlebutt Brewery Co. I don’t think the long recession will have much of a negative impact on the next generation of entrepreneurs

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Tough Times For Restaurants

When the economy beings to sag, restaurants are one of the first to feel the strain. According to The Dayton Beach News-Journal, one restaurant is facing financial troubles if business doesn’t pick back up. The restaurant in its first four years had built a formidable following, attracting tourists, snowbirds and local workers. But the last

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