Small Business Advisor — #ShopSmall
@SmallBizRob
Tweeting about Small Business Trends, Strategies & Hacks. Follows, retweets≠endorsement. #CPA #MBA #EagleScout — #SmallBiz #fintech #martech #CloudComputing #AI
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56k US home purchases were canceled in August, which equates to 15% of all homes under contract. That's the highest cancellation percentage on record for the month of August.
Trump is complaining about the cost of renovating Fed building but he is spending $1bn to renovate a new Air Force One that will only fly for about a year. nytimes.com/2025/07/27/us/… via @NYTimes
This could be the most consequential week for the economy in years. Crucial economic data is due this week: jobs report, inflation, consumer confidence & corporate earnings. We'll take a peak at Q2 GDP & Fed will decide on rate cuts or hold steady. >> cnn.com/2025/07/27/eco…
The contrast between the market’s tariff-reactions in April versus now are remarkable. Wall Street is now unphased by most of Trump’s utterances. My @Morning_Joe Chart
The Fed has left rates unchanged, as expected.
*S&P 500 ERASES ELECTION GAIN, WIPING OUT $3.4 TRILLION IN VALUE
As a result of Trump's tariffs- at 12:01am, Irving Oil, a major refinery based in Saint John, NB, Canada, adjusted fuel prices on nearly all fuel heading for the US Northeast market to reflect the 10% tariff. Look for retail prices to react quickly in this market.
Heads up:
The President has achieved a trade war. Well done.
The first visit went so well!
"It's an invitation for a second state visit, this is really special, this has never happened before, this is unprecedented," Keir Starmer says The UK PM presents US President Donald Trump with a letter from King Charles Follow live: bbc.in/3DaRTxa
92% of Musk’s wealth rests in Tesla or SpaceX, which both stand to gain a lot from favorable regulatory changes & large government contracts. My @Morning_Joe chart
Elon Musk’s net worth has soared since Trump’s election, with Tesla shares appreciating 91% and SpaceX increasing its valuation by 67% — the money he invested in Trump’s campaign is already paying off. My @Morning_Joe chart
Today the Fed announced it would cut interest rates by a quarter point, the third cut this year. @NFIB’s November SBET survey found the average interest rate on short term loans fell to 8.8% and the relative interest rate paid by regular borrowers remained at a net 5%.
According to a new survey in Fortune, 99% of professionals over age 40 believe some degree of #ageism exists at their organization. Age-related stereotypes are the problem. What sticks out for me is that ageism is a thing for someone just 40. #Leadership #Work…
The average balance of Fidelity 401(k) millionaires was $1.616 million, up from $1.595 million in the prior quarter, per CNN.
An FT article has said: "the mother of all bubbles." "In the 1980s the US was 30% of the global economy and 30% of the stock market. Now it is 27% of the global economy and 70% of the stock market."
In November, CPI rose 2.7% on a 12-month basis and increased 0.3% over the month. @NFIB’s November SBET report found a net 28% of small business owners plan to raise prices and a net 24% have already raised prices.
Odds To Win National Championship, via FanDuel: Texas +360 🏆 Oregon +360 🏆 Georgia +500 Ohio State +500 Penn State +550 Notre Dame +700 Tennessee +2500 SMU +4000 Indiana +4000 Arizona State +6000 Clemson +6000 Boise State +6000
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