A look back at 1990's quirky recession
In this fun "Mornings Memory," we revisit a hands-on illustration from 1990, where large and colorful balls were used on CBS This Morning to explain the complexities of supply and demand during a recession.
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In this fun "Mornings Memory," we revisit a hands-on illustration from 1990, where large and colorful balls were used on CBS This Morning to explain the complexities of supply and demand during a recession.
Florida and several surrounding states suffered enormous financial losses from Hurricanes Milton and Helene. Lawmakers of both political parties are calling for Congress to reconvene to pass emergency funds before the 2024 election. CBS News' Scott MacFarlane reports on whether Congress will convene and how funds could get through to the states.
The Small Business Administration, a key federal program that provides disaster loans, said it has run out of funds for new emergency loans following hurricanes Helene and Milton.
FEMA administrator Deanne Criswell said that its disaster relief fund is down to $11 billion after it spent around $9 billion on its Hurricane Helene response. Hurricane Milton is heading toward Florida's central west coast as a Category 3 storm, according to the National Hurricane Center, almost two weeks after Hurricane Helene made landfall. CBS News congressional correspondent Scott MacFarlane reports.
Biden administration and congressional sources worry that funding to help small businesses recover from hurricane damage will dry up by the end of October.
Sandy Chase turned what started as a record collection into a successful business, becoming the go-to seller for rare and hard to find vinyl. He's now looking to retire and sell his store and collection of at least 500,000 records to a new generation. Carter Evans has the story.
Vice President Kamala Harris announced a new tax plan Wednesday to benefit small businesses.
While campaigning in New Hampshire on Wednesday, Vice President Kamala Harris served up an idea that would allow new small businesses a chance to write off up to $50,000 in startup costs, up from the current maximum of $5,000. Ed O'Keefe reports.
The U.S. added 206,000 new jobs in June, marking a slight cooling in the labor market, but still a sign that hiring remains strong. Michael George has more on what this could mean for interest rates moving forward.
Like many during the pandemic, Kat Hernandez did some soul-searching. She decided to follow her entrepreneurial instincts and open a small business that curates, customizes, consults and delivers houseplants to New York City residents and companies. As founder, she named the business Juanita's Plants in honor of her grandmother.
When it comes to high fashion, Rachelle Willnus is adding her flair through her business Derby Hats by Rachelle
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.
One of San Francisco's oldest LGBTQ bars, on Saturday the Stud re-opened it's doors for the first time in four years at a new location.
A new restaurant is hoping to serve the community for years to come.
Taylor Swift's successes and failures, including the battle to regain control of her master recordings, are part of the syllabus at the University of California, Berkeley. Jo Ling Kent has more.
Crews are facing daunting challenges in reopening the Port of Baltimore following the collapse of the Francis Scott Key Bridge. Meanwhile, a federal program is offering loans to small businesses impacted by the disaster. CBS News senior transportation correspondent Kris Van Cleave has more.
Veronica Fitzgerald, owner of V Empanadas, is leading the way for Latina-owned businesses in Delaware County.
A restaurant owner in San Francisco's Mission District responded to concerns from a customer about the rising cost of one of the burritos on his menu, which has spiked to $22.
As recession fears ebb, optimism among small businesses about the economy is at its highest level since 2002, new survey finds.
"Even just the discussion of shutdowns causes a noticeable change in foot traffic," the owner of an appliance store Virginia said. "It hurts."
Donations on the crowdfunding platform this year reveal a range of urgent financial needs, GoFundMe data shows.
Cuban has appeared on "Shark Tank" since 2011 as a permanent investor, or "shark."
Amazon says its 2023 Black Friday sales were the highest in the company's history. Amazon executive Beryl Tomay joins CBS News to discuss how artificial intelligence and robots are helping get packages to your doorstep.
While a large portion of holiday shopping now occurs online, malls across the U.S. were still busy with shoppers over Thanksgiving weekend, many of whom prefer the social experience of shopping in person. Elise Preston reports.
Small businesses will be looking to make big sales this weekend when Small Business Saturday hits. Evelia Torres, owner of skincare company De Mi Tierra outside Chicago, joined CBS News to talk about the importance of the day to her business.