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Food Inflation Prices Strongly Impact Shopping Landscape
The persistently high food inflation in the United States is putting pressure on consumers, leaving them with little spending money left for things like clothes, home goods, and toys. According to a recent report by the Bureau of Labor Statistics, food prices increased by 5.5% in January 2023 compared to the same period last year...
People & Systems
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VizyPay Helps Small Businesses With “Look Local First” Program
VizyPay, a payment processing company, has launched the “Look Local First” initiative to help small business owners recover after the COVID-19 pandemic. The COVID-19 pandemic has been notably challenging for small businesses, which have been hit hard by restrictions and reduced foot traffic...
Capital & Transactions
Interest Rates Continue to Creep Up with No End in Sight,...
Federal Reserve Chair Jerome Powell recently announced that interest rates would likely be higher than anticipated as the central bank seeks to combat inflation and ensure a stable economy. In a speech to the National Association for Business Economics, Powell stated that the Fed expects to begin raising interest rates in the coming months...
Features
Transforming The Hiring Process At Scale: Fountain’s CEO Sean Behr
In this episode, we speak with Seah Behr, CEO of Fountain. Founded in 2014, Fountain started with a vision to transform the hiring of hourly workers. The company’s purpose-built solution is designed to help companies hire high volumes of workers, faster by combining the power of automation with a data-driven applicant tracking system...
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The Top 50 Entrepreneurs of 2022
The Business Report is pleased to announce The Top 50 Entrepreneurs of 2022. These are the daring individuals with bold visions who are transforming...
The Top 25 Franchise Founders of 2022
The Business Report is pleased to announce The Top 25 Franchise Founders of 2022. This year’s awardees have all achieved tremendous success founding businesses that grew into national and often global franchises. Although they come from a wide variety of industries, from restaurants to real estate to fitness...
Chipotle Founder Gained Success with Burritos While Dreaming of Fine Dining
Chipotle Chief Executive Officer Steve Ells opened a tiny burrito shop in 1993 as a means to fund his dream of opening a fine dining establishment – little did he know that soon, he would have a Mexican food empire on his hands. Ells, a chef, saw a market for a Mexican food restaurant...
The Top 50 Business Leaders of New York for 2022
U.S. Business Report is pleased to announce The Top 50 Business Leaders of New York for 2022. This state, just shy of 55,000 square miles and about 1% of the country’s land mass, has an economy nearly the same size as Canada as a whole...
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Trader Joe’s Founder Went from Failure to Success
Joe Coulombe went from running a chain of failing supermarkets to a billion-dollar empire as the founder of megastore Trader Joe's. In the early 1960s, Coulombe began his entrepreneurship career with a chain of convenience stores called Pronto Markets...
The Top 50 Business Leaders of Connecticut for 2022
The Business Report is pleased to announce The Top 50 Business Leaders of Connecticut for 2022. In terms of per capita income, Connecticut is the richest state in the country. Finance, insurance, and real estate are among the largest industries in Connecticut followed by the community business and personal service industries including private health care, engineering and law firms...
MrBeast Puts Millions of Dollars Into His Art – and It Pays Off
“There’s no such thing as a perfect video. Someone should always call you and sh*t on your video because it could be better,” the bold YouTuber known as MrBeast asserted during an interview on the Colin and Samir Show on YouTube...
What’s Causing the Labor Market Shortage?
In 2021, a staggering 47.4 million workers quit their jobs. For comparison, 42.1 million quit their jobs in 2019, which was then considered the tightest labor market in history. However, this does not explain the labor market shortage the U.S. is currently experiencing—at the end of April 2022, there were 11.4 million job openings...
The Top 50 Business Leaders of Tampa for 2022
The Business Report is pleased to announce The Top 50 Business Leaders of Tampa for 2022. The City of Tampa is the economic core of west central Florida and is structured on a diverse base including tourism, health care, finance, insurance, technology, construction, and maritime industry...
The Top 50 Business Leaders of Miami for 2022
The Business Report is pleased to announce The Top 50 Business Leaders of Miami for 2022. Miami is famous for its pristine beaches, sunny warm weather, and non-stop nightlife, but a lesser known fact is their unemployment rate of just 2.2 percent...