Small businesses face affordability crunch as tariff and other costs rise
Some small business owners say they're struggling to stay afloat because of higher tariff, health insurance and energy costs.
Watch CBS News
Some small business owners say they're struggling to stay afloat because of higher tariff, health insurance and energy costs.
At Glass & Pen Studios in Fort Lauderdale, attention to detail is key.
A South Florida business that was heavily damaged in an explosion earlier this year is slated to be demolished on Thursday.
The Downtown Development Authority, Flagler Business Improvement District and the City of Miami designed a five-phase plan to turn Miami's oldest street into a brick, curbless, festival-style space capable of hosting large outdoor events. However, delays hounded the project.
Estimates of the economic hit from the U.S. government shutdown put the losses at up to $16 billion every week the impasse continues.
The country's biggest pro-businesss organization says a new $100,000 H-1B fee for foreign workers will be "cost-prohibitive for U.S. employers."
Miami-Dade County Tax Collector Dariel Fernandez said his office will begin sending letters to violators in the coming weeks.
CBS News Miami contacted a spokesperson for the City of Lauderdale Lakes and Mayor Veronica Edwards Phillips.
The owner of an Oklahoma maker of guitar pedals has had to get creative to absorb higher import costs.
Triple-digit U.S tariffs on China will "wipe out our business completely," one small business owner says.
The owner of a small stationery business based in Pensacola, Florida, says her company is facing up to $1 million in tariff payments this year alone under the Trump administration's new tariffs.
South Florida businesses and consumers are feeling the impact of tariffs, leading to increased prices and cautious spending.
"Small consumables, electronics, car parts. They will go up in price considerably."
Small business owner Emily Ley says new U.S. tariffs on China will devastate her stationery store, calling the added costs "catastrophic."
Card Sound Road and businesses nearby had been boarded up due to the flames that have flared up since Tuesday.
The owner of Performance Team Sports has been wondering if he'll have to pay higher prices for their products.
The family-owned store, which has been in Oakland Park for the past 50 years, will shut its doors at the end of January.
The shopping event turns the focus on "shopping local" on the Saturday after Black Friday.
Local businesses are expecting a surge in customers when the Fort Lauderdale International Boat Show sails into town on Wednesday.
Nearly 80% of companies with remote workers are using some kind of Bossware, says HR expert Rob Wilson.
With an expected turnout in the hundreds of thousands, they had to prepare.
The change will allow entrepreneurs in Cuba to import food, equipment, and other goods, along with allowing Cuban business owners to bank with U.S. banks.
The Grammy Award-winning and multi-platinum music producer made a special appearance at the North Miami Beach Small Business Summit and Expo on Wednesday to receive the honor.
Under the new law signed this week, ByteDance has nine to 12 months to sell the platform to an American owner, or TikTok faces being banned in the U.S.
As recession fears ebb, optimism among small businesses about the economy is at its highest level since 2002, new survey finds.
With the recall petition approved for form and the number of registered voters certified, petitioners now have 120 days to collect signatures from 4% of Miami-Dade's 1.64 million registered voters to move the recall effort forward.
A Florida deputy is going viral after bodycam video captured the moments he apprehended an evasive and hostile suspect, the sheriff's office said. That suspect? A large, flightless bird.
A woman was shot and wounded inside a Northwest Miami-Dade home late Wednesday morning, prompting a rapid law enforcement response and the arrest of a suspect less than two hours later.
A Broward sheriff's deputy was injured after getting dragged by a vehicle during a repossession in Pembroke Pines on Wednesday, according to officials.
A Verizon spokesperson confirmed to CBS News that the company is aware of "an issue impacting wireless voice and data services for some customers."
With the recall petition approved for form and the number of registered voters certified, petitioners now have 120 days to collect signatures from 4% of Miami-Dade's 1.64 million registered voters to move the recall effort forward.
A Florida deputy is going viral after bodycam video captured the moments he apprehended an evasive and hostile suspect, the sheriff's office said. That suspect? A large, flightless bird.
A woman was shot and wounded inside a Northwest Miami-Dade home late Wednesday morning, prompting a rapid law enforcement response and the arrest of a suspect less than two hours later.
A Broward sheriff's deputy was injured after getting dragged by a vehicle during a repossession in Pembroke Pines on Wednesday, according to officials.
A Verizon spokesperson confirmed to CBS News that the company is aware of "an issue impacting wireless voice and data services for some customers."
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
The attack on an alleged drug-smuggling boat from Venezuela killed 11 people in September.
Jonathan Ross, who shot Renee Good in Minneapolis last week, suffered internal bleeding after the incident, two officials said, though it's not clear how extensive the bleeding was.
The FBI's search is part of a probe into a federal employee suspected of mishandling classified information, Attorney General Pam Bondi said.
The Senate now has two funding packages on its plate ahead of its weeklong recess.
After the meeting, Denmark's foreign minister said they're eager to work with the U.S. while respecting the "red lines of the Kingdom of Denmark."
On Facing South Florida, Jim DeFede spoke with Miami Herald Latin America reporter Antonio Maria Delgado about Delcy Rodríguez's growing control in Venezuela.
On Facing South Florida, Jim DeFede speaks with former interim Venezuelan president Juan Guaidó about Nicolas Maduro's capture.
In a special live episode, Jim DeFede brings us the latest developments and the fallout following the Saturday morning strikes.
Jim Defede's guest this week on Facing South Florida is James Fishback, a Republican candidate for the Florida governor's office.
Guest host Lauren Pastrana is joined by Ron Book, chairman of the Miami-Dade Homeless Trust.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
New research recommends against drinking coffee or tea served by airlines, urging travelers to stick to bottled water.
In his new wellness book, "Eat Your Ice Cream," Dr. Ezekiel Emanuel goes beyond the basics of eating, exercise and sleep, to the importance of being happy, social engagement, and recommended behaviors (like "don't be a schmuck") that can benefit longevity.
If you don't feel well, particularly if you have a fever and worsening symptoms, Dr. Glazier says, skip the get-together.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
For that authentic grilling experience, you can't beat a charcoal grill. We've rounded up the best grill options.
Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Scott Adams, the cartoonist who created the "Dilbert" comic strip, has died at the age of 68, his first ex-wife revealed on Tuesday.
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."