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Morning Business Report: There is a new debt ceiling agreement, now lawmakers must decide if they support it – 41NBC News

A deal proposed to lift the federal debt limit would have only a small cooling effect on the US economy and high inflation, according to economists. It does little to reduce government spending that grew rapidly during the Covid-19 pandemic and its aftermath. There’s one particular component of the deal that could ding the economy this fall. Student loan repayments and interest accruals will restart by the end of August.

The Denver Nuggets are in the NBA finals for the first time in franchise history. The Denver Nuggets will face off with the Miami Meat for the NBA championship. The

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5 ways to simplify and reduce your money clutter

Professional organizers might define household clutter as a pile of unmade decisions. Money clutter is much the same.

Those credit cards you no longer use but haven’t closed? That’s money clutter. So is the retirement account you left behind three jobs ago and the financial paperwork you keep but no longer need. Money clutter can also include broken systems that should be broken, such as a bill payment routine that leads to overdrafts or late fees.

You can simplify your financial life by dealing with those long-delayed decisions now and streamlining how you manage your money going forward. Here are

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FreshBooks survey predicts increasing use of generative AI in small businesses

Source: metamorworks | Getty Images

Approximately 1000 small business owners in the US and Canada were recently polled by accounting software company FreshBooks about their current and future use of generative AI.

Of the small business owners polled, the majority of whom have between two and five employees, two out of three will try generative AI technology in the next calendar year, and 44 per cent expect to hire fewer people because of AI.

One quarter of those surveyed said they’re already using or testing AI tools like ChatGPT, Google Bard and Microsoft Bing.

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Kari Lake trashes election law ignorantly (or shamelessly)

Kari Lake answers a question during a news conference, May 23, 2023, at her headquarters, 4040 E. Camelback Road, Phoenix.

Kari Lake, having just lost her bid to overturn the 2022 election, has now moved on … to the 2020 election.

“Welcome to the Banana Republic of Arizona,” she tweeted on Monday. “Maricopa County report reveals thousands of ballots in 2020 didn’t have proof of citizenship.”Naturally, Lake’s “war room” chimed in on this shocking development.

“The Secretary of State who oversaw this debacle is squatting as Governor,” her campaign account added. “The guy who was Maricopa County Recorder is Secretary of State. These people were promoted for successfully sabotaging 2020.”Or put another way, they followed federal law.

Is Kari

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DRC receives three statewide awards

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LA CROSSE — The Wisconsin Economic Development Corp. recognized the best downtown projects of 2022 during the 32nd Wisconsin Main Street Awards ceremony at the La Crosse Center.

Projects honored included business and community development initiatives, historic preservation, community celebrations and revitalization success stories from across the country.

The Downtown Racine Corp. came home with three first-place honors:

  • Best Special Event: Party on the Pavement, Downtown Racine
  • Best Cooperative Business Marketing: Fashion Show on Monument Square
  • Diversity & Inclusion Award: Black History Month, Racine, co-winner.

“I am ecstatic at the strides we have

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South Carolina small business does the best in 10 counties

Holly Springs residents suggested the town add more dining, shops and green spaces for new development in the downtown area.

Holly Springs residents suggested the town add more dining, shops and green spaces for new development in the downtown area.

The Town of Holly Springs

Do you know anyone who owns or works for a small business?

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Currently, there are approximately 33,185,550 small businesses in the U.S. as of March 2023, according to the SBA.

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Additionally, from 1995 to 2021, small businesses have created 17.3 million net new jobs while large businesses have created 10.3 million, as reported by the SBA. In turn, small businesses have accounted for 62.7% of net new job creation since 1995.

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If

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Netflix to start charging US customers an extra $8 for sharing accounts outside the house

Netflix on Tuesday outlines how it intends to crack down on the rampant sharing of account passwords in the US, its latest bid to reel in more subscribers to its video streaming service amid a slowdown in growth.

In an email to its 70 million US customers on Tuesday, Netflix said it would limit viewing of its programming to people living in the same household. Those who subscribe to Netflix’s standard or premium plans — which cost $15.50 US to $20 US per month — will be able to allow another person living outside their household to use their password

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What prison life will look like for Theranos founder Elizabeth Holmes [Video]

Thermos founder Elizabeth Holmes is expected to begin serving her 11-year sentence at 2 pm today inside a minimum-security, female-only federal prison camp in Bryan, Texas. What will her new life look like?

Days start early at FPC Bryan, which is located about 100 miles northwest of Holmes’ hometown of Houston.

Holmes, 39, has to wake up by 6 am and then report to work after she has breakfast, which starts at 6:30 am. Her attire most days will be a combination of khaki shirts and pants. Pay rates for her work will range from $0.12 to $1.15 per hour.

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