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☆ As Climate Shocks Worsen, U.S. Disaster Agency Tries a New Approach to Aid
▼ + stars: | 2024-01-19 | by ( Christopher Flavelle | More About Christopher Flavelle | ) www.nytimes.com time to read: +1 min

Those changes would especially help renters and people with low incomes, according to Frank Matranga, who runs the agency’s aid programs for disaster survivors. And because people in those groups are more likely to be people of color, the changes should reduce the racial inequity in federal disaster aid, he said. About one million Americans each year receive some sort of direct aid from FEMA, according to the agency. Weather-related disasters pushed more than 3.3 million American adults out of their homes in 2022, census data shows. “We heard that survivors found it confusing and challenging to apply for an S.B.A.

Persons: Frank Matranga, “, ” Ms, Criswell Organizations: FEMA, Small Business Administration

New rules announced Friday by the federal agency in charge of emergency management aim to simplify and speed up the process. With natural disasters now affecting more people across the United States, insurance markets in many states are buckling under the weight of payouts to those hit by wildfires and hurricanes. Previously, FEMA couldn't help them because their insurance payout already exceeded the agency's assistance cap of $42,500 per disaster. GETTING RID OF THE LOAN RULEUnder previous rules, disaster survivors first had to apply for a loan with the Small Business Administration and get rejected before they could apply for FEMA assistance. And FEMA is creating a new category of aid called displacement assistance, designed to help those who can't return to their home.

Persons: —, Deanne Criswell, Nature, ” Criswell, ”, Criswell, deductibles Organizations: WASHINGTON, Federal Emergency Management Agency, FEMA, Small Business Administration, SBA, https Locations: United States, Louisiana, Florida, California

☆ US Launches Disaster Relief Reforms as Climate-Driven Events Rise
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

WASHINGTON (Reuters) - U.S. President Joe Biden's administration on Friday said it was launching the most major reforms to disaster management relief in two decades as climate change-driven extreme weather events, such as floods and fires, increase. The Federal Emergency Management Agency (FEMA) reforms of its federal assistance policies and expanded benefits for disaster survivors aim to cut red tape that victims have said makes it difficult for them to access resources after a disaster. FEMA said the reforms follow feedback from disaster survivors. Previously, the payment was assessed on a disaster-to-disaster basis. FEMA said the changes will take effect for new disasters declared on, or after March 22, 2024.

Persons: Joe Biden's, ”, Deanne, Valerie Volcovici, Sharon Singleton Organizations: WASHINGTON, Federal Emergency Management Agency, FEMA, U.S, Small Business Administration Locations: U.S, Maui, California

☆ I'm the 28-year-old mayor of my town and I had to live at home until I could buy a house
▼ + stars: | 2024-01-09 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Paulin talked about his experience living in his childhood home for three years to save for a down payment on his own house. My girlfriend and I started saving for a home in 2019 – that's when I decided to continue living at home. In Indian Head, you run for three town council seats and the candidate with the most votes becomes mayor, which was me. Like I would leave school work or documents from town meetings in the living room or on the coffee table. You just have to be prepared to make some sacrifices or not have as much freedom depending on your house rules.

Persons: —, Brandon Paulin, Paulin, isn't, He's, Fortnite, Fornite, Taryn, I've, Brandon Paulin We Organizations: Service, Business, Southern New Hampshire University, PlayStation, FedEx Field, Major League Baseball Locations: Indian Head , Maryland, Washington, DC, Southern

☆ After deception and drama, George Santos faces expulsion from Congress
▼ + stars: | 2023-12-01 | by ( Gregory Krieg | ) edition.cnn.com time to read: +8 min

The authors of the subcommittee’s submission, in perhaps their most admirable achievement, summarized Santos’ grand political deception in a single sentence. (Santos’ first treasurer, Nancy Marks, resigned before pleading guilty to a conspiracy fraud charge and implicating Santos in a scheme to hoodwink donors.) Not coincidentally, all five swing-district Republican freshmen are expected to vote for Santos’ removal on Friday. In comments to reporters on Thursday, Santos promised more drama before he leaves town. “I’m going to be the first member of Congress expelled without any of those parameters.”On that point at least, Santos is telling the truth.

Persons: George Santos ’, Michael Guest, Santos, He’s, America’s, Santos ’, Mary Magdalene, United States Congress ”, “ Santos, ”, “, Goldman Sachs, Robert Zimmerman, might’ve, Santos –, Elise Stefanik, machers –, Stefanik, Anthony D’Esposito, Nick LaLota, Mike Lawler, Brandon Williams, Marc Molinaro, Thomas Datwyler, Nancy Marks, ” “, ” Santos, Marks, Mike Johnson, “ I’m Organizations: CNN, New York Republican Rep, Republican, GOP House, United States Congress, Baruch College, Business Administration, New York University, Citi Group, Democratic, Congressional District, New York Times, Empire State Democrats, Democrats, GOP, New York, Washington and New York, Battleground, ”, Republicans, Confederate Locations: Mississippi, Business, New York, Washington and New, Long, New York City, Battleground New York, Santos, Washington

☆ Small business owners gear up for the biggest shopping weekend of the holiday season
▼ + stars: | 2023-11-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

According to a new American Express survey of small business owners, “55% anticipate Small Business Saturday will make a significant contribution to their overall holiday sales this year.” In a consumer survey conducted by the company in October, half of respondents said they plan to participate in the upcoming Small Business Saturday, and 85% said they anticipated shopping small this holiday season. Over the past 13 years, the company says consumers have reported spending nearly $184 billion during Small Business Saturday. American Express estimated that Small Business Saturday drove nearly $18 billion in consumer spending last year. Donnell Johns, who runs Veterans Growing America, an organization that supports veteran- and military-spouse-owned small businesses, said that Small Business Saturday is valuable because it creates an awareness for shopping small. For Ken Moorman, founder of Jirani Coffeehouse in Manassas, Virginia, Small Business Saturday means an average 10% uptick in sales than a typical Saturday.

Persons: Donnell Johns, We’ve, ”, Ken Moorman, “, Covid, ” Moorman, it’s, ” Elizabeth Rutledge, Isabel Casillas Guzman, “ The, Harris, Bidenomics, Biden Organizations: New, New York CNN, Amazon, Walmart, American Express, ”, Small, Express, Business Administration, American Express ’, SBA, “ The Biden, Harris Administration, American, Pacific Islanders Locations: New York, Manassas , Virginia, ”

☆ A financially independent entrepreneur says there's an overlooked but 'incredible opportunity' for young investors to buy businesses right now — and they're not as expensive to acquire as you may thin
▼ + stars: | 2023-11-19 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

He started with an "index-first strategy," he told Insider, and invested up to 80% of his earnings into low-cost index funds in the early 2010s. While index funds are ultimately what catapulted him to financial independence in the first place, he wouldn't necessarily go that route if he had to start from scratch today. "I'm still very pro low-cost index funds for almost everyone," he said. Lower returns mean index funds won't grow as much, and investors potentially have to save and contribute more to hit their goals. "I think business ownership is really where it's going to be for the next 10 to 20 years."

Persons: Grant Sabatier's, Sabatier, Charlie Munger, you've, boomer Organizations: Business, Fidelity, Federal Reserve, FedEx, SBA, Chase, Bank of America Locations: Morningstar

☆ I quit my product manager job to start an AI company, and it felt like jumping off a cliff. Here's how I pivoted into tech's hottest field.
▼ + stars: | 2023-11-17 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Justin Fineberg quit his job as product manager job at Blade to start Cassidy, a startup that helps businesses create their own AI assistants. Earlier this year, I quit my job as a product manager at Blade to start my own AI company. AdvertisementAt the beginning of 2022, I started working at Blade, the Uber for helicopters, as a product manager. Quitting my job to start an AI company felt like jumping off a cliffMonths later, it was clear to me that I wanted to pursue a career in AI. AdvertisementQuitting my job to start an AI company felt like jumping off a cliff.

Persons: Justin Fineberg, Cassidy, Fineberg, Insider's Aaron Mok, —, Uber, ChatGPT, I've, Cassidy.ai, OpenAI Organizations: Service, University of Michigan, OpenAI Locations: New York

The approach is unusual for a stopgap spending bill. Johnson decided to go with the combination approach, addressing concerns from GOP lawmakers seeking to avoid being presented with a massive spending bill just before the holidays. “The bill will stop the absurd holiday-season omnibus tradition of massive, loaded up spending bills introduced right before the Christmas recess." A document explaining Johnson’s proposal to House Republicans, obtained by The Associated Press, said funding for four spending bills would be extended until Jan. 19. House Republicans pointed to the national debt, now exceeding $33 trillion, for Moody's decision.

Persons: Mike Johnson, Johnson, Joe Biden, Chip Roy, “, Pelosi, ’ ”, Karine Jean, Pierre, Kevin McCarthy Organizations: WASHINGTON, —, Republicans, “, Democratic, Treasury Department, Small Business Administration, House Republicans, The Associated Press, Veterans, State Department , Homeland Security, GOP, Moody’s Investors Service Locations: Israel, Ukraine, U.S, Mexico, Southern, Texas

It's a disruption that Johnson — just two weeks into his job running the House — has said he wants to avoid. “We're running up against the clock on Nov. 17, and we're obviously aware of that,” Johnson said this week, referring to the date that government funding expires. Democrats have made it clear they will not support any funding packages that include policy wins for conservatives. Rep. Hakeem Jeffries of New York, who the Democratic leader in the House, said they would not “pay a single, right-wing ransom demand” as part of a funding resolution. Democratic lawmakers are also eager to play up the House Republican divisions and to pin any blame for a shutdown squarely on the new speaker and his GOP colleagues.

Persons: Mike Johnson, Johnson —, —, Johnson, “, ” Johnson, Kevin McCarthy, ”, Troy Nehls, Rep, Hakeem Jeffries, Steny Hoyer, Chuck Schumer, ” Schumer, ” Sen, Chris Murphy, Sen, Joe Manchin Organizations: WASHINGTON, House Republican, Louisiana Republican, Republican, Republicans, Treasury Department, Small Business Administration, House Republicans, Israel, Hamas, Democratic, GOP, Capitol, Ukraine, Democrats Locations: Washington, Louisiana, Texas, New York, “, Ukraine, U.S, Mexico, United States, Connecticut

A Texas man has been convicted of manslaughter in the fatal shooting of a Moroccan immigrant who had pulled into the driveway. Family members of Dghoughi, who lived in Austin, have said he was lost and prosecutors said he was trying to leave the driveway when he was shot. Turner said he shot in self-defense and testified that he thought Dghoughi pointed a gun at him, but no weapon was found inside the vehicle. Political Cartoons View All 1233 Images“Based on what he saw, knowing all the circumstances, he was reasonable in his actions,” Morris said during the trial. Dghoughi then moved to Austin and was seeking work as a financial analyst, according to his family.

Persons: Terry Duane Turner, Adil Dghoughi, Dghoughi, Turner, Gerry Morris, ” Morris, “ Organizations: Johnson & Wales University Locations: Texas, Moroccan, Caldwell, Martindale, Austin, Morocco, Rhode Island

☆ I got accepted to Amazon's DSP program and launched my own delivery business. I now make $3 million in revenue and own 38 vans.
▼ + stars: | 2023-10-29 | by ( Kiara Byrd | ) www.businessinsider.com time to read: +7 min

Sophia Strother became an Amazon Delivery Service Partner in 2020. The article said that for $10,000, anyone could work with Amazon and potentially make $74,000 to $3 million a year. After 18 months, my delivery company grew to become a multimillion-dollar business. AdvertisementAdvertisementIt took almost a year to process my Amazon Delivery Service Partner applicationI submitted an online application, a resume, and some financial documents. However, I don't directly control the growth of my business — Amazon does.

Persons: Sophia Strother, Strother, —, I've, I'm, that's, we're, haven't Organizations: Amazon, Service, L2E Industries, Delivery, Las, Austin, Industries, — Locations: Austin , Texas, Seattle , Washington, Las Vegas, Central Texas, Texas

Energy Secretary Jennifer Granholm will be in Arizona to talk about power grid and clean energy investment in the rural Southwest. Veterans Affairs Secretary Denis McDonough plans to visit Iowa to discuss improving access to medical care for veterans in rural areas. Health and Human Services Secretary Xavier Becerra will be in North Carolina talking about health care access in rural areas. Acting Labor Secretary Julie Su will be in Pennsylvania to discuss boosting employment opportunities in rural areas. U.S. Trade Representative Katherine Tai will head to Indiana to discuss how international trade can benefit rural farmers and producers.

Persons: Joe Biden, Dean Phillips of, Biden, Phillips, Tom Vilsack, White, Vilsack, Deb Haaland, Jennifer Granholm, Denis McDonough, Isabel Guzman, Miguel Cardona, Xavier Becerra, Julie Su, Katherine Tai Organizations: WASHINGTON, Democratic Rep, Dean Phillips of Minnesota, Administration, White, Smart Commodities, Agriculture Department, Farmers of, Energy, Southwest . Veterans, Small Business Administration, Education, Human Services, Labor, U.S . Trade Locations: Minnesota, America, Indiana, Farmers of America, Wyoming, Colorado, New Mexico, Arizona, Southwest, Iowa, Georgia, New Hampshire, North Carolina, Pennsylvania, U.S

☆ Who is Rep. Mike Johnson, the House GOP’s latest speaker nominee?
▼ + stars: | 2023-10-25 | by ( Piper Hudspeth Blackburn | Shania Shelton | ) edition.cnn.com time to read: +4 min

The Louisiana Republican was first elected to the House in 2016 and serves as vice chairman of the House Republican Conference, as well as GOP deputy whip, an assistant leadership role. During Trump’s first impeachment trial in January 2020, Johnson, along with a group of other GOP lawmakers, served a largely ceremonial role in Trump’s Senate impeachment team. My strong SUGGESTION is to go with the leading candidate, Mike Johnson, & GET IT DONE, FAST!” Trump posted. Rep. Mike Johnson files his paperwork at the secretary of state's office after qualifying for his congressional reelection bid on July 20, 2018, in Baton Rouge, Louisiana. For that, I stepped aside and threw all my support behind Mike Johnson.

Persons: Mike Johnson, Donald Trump, Johnson, Trump’s, Joe Biden, “, Trump, Chip Somodevilla, ” Trump, Paul M, Melinda Deslatte, Kevin Hern, it’s, ”, ” Johnson’s, Tom Emmer’s, Steve Scalise, Jim Jordan Organizations: Washington CNN —, Louisiana Republican, House Republican Conference, House Republicans, Capitol, WIN, Committee, Armed Services Committee, Republican, Louisiana State University, Hebert Law Center, Rep, Oklahoma Republican, House Republican, Minnesota, Republicans, Trump, Reps Locations: Louisiana, Trump’s, Texas, Longworth, Washington ,, Louisiana’s, Baton Rouge , Louisiana, Oklahoma, America

☆ These are the House Republicans running for speaker
▼ + stars: | 2023-10-22 | by ( Jack Forrest | ) edition.cnn.com time to read: +8 min

CNN —The high-stakes race for House speaker enters a new phase this week, with a slate of new candidates vying for the gavel following Rep. Jim Jordan’s exit from the race. The former National Republican Congressional Committee chairman was first elected to Congress in 2014 and became majority whip earlier this year. Bergman is a member of the House Armed Services Committee where he chairs the Intelligence and Special Operations Subcommittee. Scott, who represents Georgia’s 8th Congressional District, serves on the House Permanent Select Committee on Intelligence, the House Armed Services Committee and the House Agriculture Committee. Johnson sits on the House Judiciary Committee, Select Committee on the Weaponization of the Federal Government and on the House Armed Services Committee.

Persons: Jim Jordan’s, Kevin McCarthy, Tom Emmer Emmer, ” McCarthy, “ He’s, Tom, ”, ” Emmer, Donald Trump, Emmer, Kevin Hern The, Hern, McCarthy, Jack Bergman Bergman, –, Bergman, Austin Scott The, Austin Scott The Georgia Republican –, Scott, Byron Donalds The, ” Donalds, Francis Rooney, Donalds, Mike Johnson The, ” Johnson, Johnson, Pete Sessions, Colin Allred, Sessions, Trump, Rudy Giuliani, Ukraine –, Dan Meuser, Elise Stefanik, Meuser, Tom Corbett, Gary Palmer Palmer, Palmer, Steve Scalise Organizations: CNN, Republicans, GOP, Minnesota Republican, Press, Caucus, National Republican, Minnesota, Financial Services, Rep, Kevin Hern The Oklahoma Republican, Republican, Committee, McDonalds, Small Business, US Marines, Michigan’s, House Armed, Austin Scott The Georgia Republican, Jordan, California Republican, University of Georgia, Congressional, Intelligence, House Armed Services Committee, Agriculture, Byron Donalds The Florida Republican, Freedom Caucus, GOP Rep, Florida’s, Florida State University, Mike Johnson The Louisiana Republican, House Republican, House GOP, Federal Government, Pete Sessions Sessions, Texas, ”, Sessions, Trump, Pennsylvania Republican, Gov, Alabama’s, Energy, Commerce Locations: Michigan, Austin Scott The Georgia, Ohio, California, Georgia, Florida, Mike Johnson The Louisiana, House, Dallas, Waco , Texas, Ukraine, Pennsylvania, Alabama

TALLAHASSEE, Fla. (AP) — The former Florida lawmaker who sponsored the controversial law critics call “Don’t Say Gay” was sentenced to six months in federal prison Thursday for defrauding a federal coronavirus relief loan program for small businesses. Former state Rep. Joe Harding, a 36-year-old Republican, resigned in December after being charged with fraudulently obtaining more than $150,000 from the Small Business Administration in pandemic aid loans. He pleaded guilty in March to wire fraud, money laundering and making false statements in connection with COVID-19 relief fraud. According to court documents, Harding made false statements to the Small Business Administration while applying for an Economic Injury Disaster Loan for one of his dormant business entities. The Economic Injury Disaster Loan Program was designed to provide economic relief to small businesses experiencing a temporary loss of revenue.

Persons: “, ”, Joe Harding, Jason Coody, Harding Organizations: Former, Republican, Small Business Administration Locations: TALLAHASSEE, Fla, Florida, COVID

☆ Biden’s Response to Israeli War Meets Centrist Praise and Liberal Anger
▼ + stars: | 2023-10-19 | by ( Reid J. Epstein | More About Reid J. Epstein | ) www.nytimes.com time to read: +4 min

He pleaded with the Israelis not to overreact, as he said the United States did after the terrorist attacks on Sept. 11, 2001. Mr. Biden’s speech comes as his political coalition has begun to fray over the Israeli conflict. “I am grateful to have @POTUS thoughtful leadership in this moment,” Representative Emanuel Cleaver of Missouri wrote on social media. “Joe Biden flew into a war zone to stand with Israel,” Mr. Auchincloss said late Wednesday. “Trump wouldn’t even visit a cemetery of American war dead.” (Mr. Trump, in 2018, canceled a planned trip to a French cemetery, and his aides cited the rainy weather.)

Persons: Biden, Israel —, “, Emanuel Cleaver, Missouri, Steny Hoyer, Biden “, Richard Haass, Jake Auchincloss, Donald J, Trump, “ Joe Biden, ” Mr, Auchincloss, “ Trump, ”, Cori Bush, André Carson, Pope Francis, Rashida Tlaib, Jerry Nadler, Debbie Wasserman Schultz, Ilhan Omar, Omar, Dilawar Syed, Wadea, ’, Josh Paul, Biden administration’s Organizations: Democratic, Progressives, Democrats, Maryland, Foreign Relations, Biden, Liberal Democrats, Gaza, Capitol, Florida, Small Business Administration, Department Locations: Israel, Ukraine, Tel Aviv, United States, Gaza, America, Massachusetts, Missouri, André Carson of Indiana, Michigan, York, Minnesota, Chicago

Wadea was stabbed 26 times at his home by his family’s landlord on Saturday, the Will County Sheriff’s Office said. Wadea Al-Fayoume's father speaks at a vigil service at the Prairie Activity & Recreation Center in Plainfield, Illinois, on Tuesday. The boy’s family lived in the house for two years without “previous notable issues” with Czuba, the Council on American-Islamic Relations said. In his final moments, Wadea offered words of comfort to his mother, the man who called himself something of a grandfather said Monday. He is in a better place.”The boy’s mother could not attend his funeral services Monday as she remained in the hospital, Rehab said.

Persons: Oday Al, “, Wadea, Hanaan Shahin, Juhie Faheem, Jim Vondruska, Cynthia Glass, Wadea’s, Dexter, ”, Imam Hassan Aly, ” Aly, Biden, Dilawar Syed, ” Syed, Fayoume, Scott Olson, Joseph M, Czuba, Czuba “, Shahin, “ Shahin, ‘, ’ Shahin, Hanan, Wadea Al, Rehab Organizations: CNN, Department of Justice, West Bank, Islamic, ’, Mental Health, Recreation Center, US Small Business Administration, Aqsa Community Center, Community, Czuba, Islamic Relations, Reuters Locations: Plainfield , Illinois, Will, United States, ’ Chicago, Gaza, America, Al, Shahin, Jerusalem

☆ Once homeless, Peter Mutabazi opens his home to kids as a single foster dad
▼ + stars: | 2023-10-14 | by ( Faith Karimi | ) edition.cnn.com time to read: +12 min

Mutabazi is not married and belongs to a rare group – federal data shows that only about 3% of foster parents are single men. After playing outside, Peter Mutabazi serves his foster kids ice cream in their Charlotte, North Carolina, home. Sean Mcinnis/The Charlotte Observer/ZumaHe blurs the faces of his foster kids to maintain their privacy. Mutabazi says it’s not easy being a single dad and relies on a community of other foster parents to help. At the same time, foster kids also need space to process feelings that they’re not ready to share, Fleisher says.

Persons: Peter Mutabazi’s, Mutabazi, “, …, ”, Anthony, Peter, ’ ” Mutabazi, ‘, ’ ” Anthony, who’d, Isabella, Luke, Peter Mutabazi, Sean Mcinnis, Isabella’s, it’s, he’d, Young Peter, he’s, White, ’ ”, ’, Anthony a, Peter Mutabazi Mutabazi, they’ve, Angelina Jolie, Madonna, who’ve, “ It’s, who’s, –, Charlotte, Zuma, “ Foster, Fleisher, they’re, You’re, He’s, Simba peed, Simba, It’s Organizations: CNN, Department of Health, Human Services, Charlotte Observer, Makerere University, Oak Hill College, Master’s University, Compassion International, Costco, Boston Child Study Locations: Kampala, Uganda, Charlotte , North Carolina, Charlotte, North Carolina, East Africa, India, Worth, London, Santa Clarita , California, White, Los Angeles

☆ So long, computer science — Chaos Studies is the hot new college degree
▼ + stars: | 2023-10-05 | by ( Tiffany Ng | ) www.businessinsider.com time to read: +12 min

"I remember joking about majoring in puzzles as a kid, never imagining that such a thing was possible until my mom discovered the individualized major program," Shortz said. Between 2019 and 2021, there was a 3% increase in the number of students graduating with individualized studies degrees. With majors like Chaos, Human Computer Interaction, and Architecture and Food Theory, students aren't just crafting these degrees for fun. In 2020, RIT renamed its individualized major the New Economy major and highlighted the need for students to "adapt to evolving career fields." Adopting a rather divergent approach to the same goal, New York University's Gallatin School of Individualized Studies frames its approach as honing the "management of knowledge."

Persons: Will Shortz, Shortz, — Shortz, He's, we're, Oluwaseyi Onifade, Onifade, James Hall, they're, Makini Beck, SOIS, he's, Ben Papernick, Papernick, haven't, Peter Rajsingh, Gallatin, Kahrej Ahluwalia, Ahluwalia, Rajsingh, Tiffany Ng Organizations: Dell, Indiana University, The New York Times, National Center for Education Statistics, Rochester Institution of Technology, Oluwaseyi, RIT's, Society, Jobs, RIT, Genesee Community College, Applied, University of Texas, Austin, University of Southern, New York University's Gallatin School, Baseball, Gallatin, Schools, NYU Locations: RIT's, Western New York, University of Southern California, New York, Gallatin

☆ Family-owned small businesses blend family and the workplace 24/7 — here are 3 tips for navigating brewing conflict
▼ + stars: | 2023-10-03 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

Working with your family to build and manage a small business comes with challenges. This article is part of "Small Business Playbook," a series exploring leadership challenges and the solutions that can drive growth. About 29% of employer firms are family-owned, according to the US Small Business Administration's Office of Advocacy. Set boundaries between family and work lifeFamily-owned small businesses are a "lifestyle," Engle said. Keep a small business thriving for as many generations as Engle's requires looking at the big picture, Pendergast said.

Persons: —, Matilda Reuter Engle, Engle, It's, Jennifer Pendergast, Pendergast, it's Organizations: Service, Fox Inn, Middleburg Hospitality, Red Fox, US, Business, SBA, Chamber of Commerce, Kellogg School of Management, Northwestern University, SCORE, Small Business Administration Locations: Middleburg , Virginia, Middleburg

☆ Craft beer, marriages and air travel: The collateral damage of a government shutdown
▼ + stars: | 2023-09-29 | by ( Alex Seitz-Wald | ) www.cnbc.com time to read: +14 min

Staff, meanwhile, have been forced to put their real jobs on hold to prepare for the looming shutdown. National parksThe National Park Service plans to close its parks and furlough park rangers if the government shuts down on Sunday. During the 2018-2019 shutdown, the parks themselves remained accessible, but without most services. Some presidential libraries would remain open as long as they have sufficient funds, but others would close and research services would be reduced. A shutdown would result in a "data blackout" of critical economic statistics that influence markets and businesses around the globe.

Persons: Donald Trump, that's, Biden, Joshua, Armando L, Sanchez, Pete Buttigieg, they're, White, Treasury Department furloughed, shutdowns Organizations: Yosemite, Fresno Bee, Tribune, Service, Getty, White House Council, Economic Advisers, Management, Staff, National Park Service, Park Service, Department of Interior, NBC, Congressional Research Service, National Zoo, U.S . Holocaust, Museum, National, Science, National Science Foundation, National Institutes of Health, Centers for Disease Control, Prevention, FBI Agents Association, FBI, Air, Transportation Security, LaGuardia, TSA, O'Hare International, State Department, Consular, Education Department, AmeriCorps, Agriculture Department, Assistance, Women, Small Business Administration, Federal Housing Administration, Social, Consumer, Food and Drug Administration, Consumer Product Safety, Environmental Protection Agency, Occupational Safety, Health Administration, Labor, —, Social Security, Medicare, Treasury Department, Foreign Assets Control, Russia Locations: El Capitan, Yosemite Valley, Washington, Civil, U.S, Europe, Southeast Asia, New Mexico, shutdowns, New York, Chicago, Russia, Iran, Ukraine

☆ What happens if the government shuts down: An illustrated guide
▼ + stars: | 2023-09-29 | by ( Amy O'Kruk | Tami Luhby | ) edition.cnn.com time to read: +4 min

A government shutdown happens when Congress doesn’t approve funding for the federal government by the time the new fiscal year starts on October 1. What it means for youBecause many federal workers are off the job during a government shutdown, many services are stopped or slowed, disturbing the day-to-day life for many Americans. What it means for government workersWhen a shutdown occurs, millions of federal employees and military service members do not get paid until it ends. During the last government shutdown in 2018-19, an estimated 420,000 federal employees worked without pay and another 380,000 were furloughed. Unlike federal workers, contractors have no guarantee of getting back pay once the government reopens.

Persons: wasn’t Organizations: CNN —, Social, Postal Service, Employees, NASA, Department of Homeland Security, Federal Aviation Administration, EY, of Labor Statistics, Federal Reserve, Small Business Administration, Securities and Exchange Commission, SEC

☆ US poor face economic hit as shutdown, childcare cliff, student loans converge
▼ + stars: | 2023-09-29 | by ( Andrea Shalal | ) www.reuters.com time to read: +6 min

A separate benefits program, Supplemental Nutrition Assistance Program (SNAP), will continue as normal for the month of October but could be affected afterward, officials say. U.S. officals say Small Business Administration loans may be delayed and up to 10,000 children could lose access to Head Start, the federal program for preschool children from low-income families. The AFL-CIO estimates that more than 3 million children will lose access to quality childcare and thousands of providers will be forced to close, lay off childcare workers or reduce slots for children. STUDENT LOAN DEBT REPAYMENTSA three-year moratorium on student loan repayments ends on Oct. 1 after the U.S. Supreme Court in June blocked the Biden administration's plan to cancel $430 billion in student loan debt for 43 million borrowers. Student loan repayment resumption "will be more challenging for the lowest-income groups," Bank of America said in a recent research report, because they saved less during the moratorium than higher-income groups.

Persons: Sarah Silbiger, Joe Biden, Biden, Patty Murray, Rosa DeLauro, Liz Pagel, Andrea Shalal, Heather Timmons, Timothy Gardner Organizations: U.S, Russell Senate, REUTERS, Rights, Republican, American Federation of Government Employees, SNAP, Women, Assistance, Democratic, AFL, Century Foundation, Supreme, Student, Protection, Bank of America, Thomson Locations: Russell, Washington , U.S, TransUnion

☆ Here's what a government shutdown would mean for your wallet
▼ + stars: | 2023-09-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

During a shutdown, the federal government ceases operations that are deemed non-essential. Win Mcnamee | Getty Images News | Getty ImagesIt's poised to occur this year as hard-right conservatives in the Republican-controlled House are using a possible shutdown as leverage to force deep cuts in federal spending. watch nowMillions may also lose certain federal benefits, with that threat increasing with the length of a shutdown, experts said. Food assistance through the Supplemental Nutrition Assistance, or SNAP, program is "on better footing" than WICs, which would likely be affected within days of shutdown, Sprick said. Section 8 housing vouchers, which are for families with low incomes, seniors and people with disabilities, would also be at risk, Sprick said.

Persons: —, Kevin McCarthy, Win Mcnamee, Sprick, Mark Zandi, Zandi, Emerson Sprick Organizations: Bloomberg Creative, Bloomberg, Getty, Republican, Center, Congressional Research Service, Social Security, Congressional, Workers, Moody's, Contractors, Women, Assistance, SNAP, Loans, Small, Administration, U.S . Department of Education, Education, Center Service, Social Security Administration, Travelers, Transportation Security Administration, United Auto Workers Locations: U.S

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