• Tue, May 20, 2025

by: WKRG

Free summer classes for parents focus on finances and stronger families

MOBILE, Ala. (WKRG) — Summer vacation starts this week for many families around the Gulf Coast. Members of a local non-profit are offering free courses to help families improve parenting skills, financial stability, and safety. Whether the course is remote or in-person, there are a wide range of options available to parents looking to better […]

by: Kiplinger

Time to Spring-Clean Your Finances: A Financial Professional's Four Steps to Tidy Them Up

A midyear review of everything from spending to saving, with adjustments as needed, can set you on track to financial security. Plus, don't forget to check in on your workplace benefits.

by: Tennessean

Fisk President Agenia Clark focuses on relationships, finances after dodging shortfall

Agenia Walker Clark spent her first 18 months at Fisk University focused on its finances, its standing in the community and planning for its future.

by: ABC12

Nessel rules that Benson violated Michigan campaign finance law

Michigan Attorney General Dana Nessel ruled that Secretary of State Jocelyn Benson violated campaign finance laws, but Nessel said she has no authority to impose discipline.

by: Forbes

Five Ways To Support Small Businesses During Small Business Month

Here are five ways you can support small business owners in your community during National Small Business Month.

by: KIRO

New Orleans teen sentenced to 26 years for killing Tacoma business owner

A 17-year-old who shot and killed a co-founder of Tacoma's Howdy Bagel has been sentenced to 26 years in prison for the crime.

by: CNN

Forging Europe's green steel revolution | CNN Business

Steel is one of the world's dirtiest industries, but as CNN's Marketplace Europe reveals from eco-summit ChangeNOW, a seismic shift is underway — one being pushed by Swedish giant SSAB.

by: MLive

House Republicans threaten secretary of state's budget over campaign finance law violation

Jocelyn Benson was issued a warning this week for using a state-owned building to announce her run for Michigan governor.

by: Time

Fear of Failure Can Sabotage Business Leaders

Decades of research suggests that executives consistently weigh losses more heavily than gains.

by: CNET

Stop a Recession From Wrecking Your Finances by Putting Your Money Here

Keep your money safe from economic storms in these low-risk accounts.

by: BuzzFeed

17 Actors Who Opened Up About Struggling With Fame And Finances In Hollywood, And It's A Shocking Reality Check

"Something about this industry wasn't healthy."

by: Fortune

Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

"The tepid pace of home sales can not be blamed on a recession," Wells Fargo economists wrote.

by: WHIO

Man accused of robbing construction worker at Montgomery County business

The suspect has been arrested and booked in jail on a preliminary robbery charge.

by: Reuters

Canada says G7 finance ministers to focus on restoring stability, growth

BANFF, Alberta (Reuters) -Finance ministers from the Group of Seven industrial democracies will try to agree on policies to restore global growth and stability, Canadian Finance Minister Francois-Philippe Champagne said on Tuesday, acknowledging that tensions over new U.S. tariffs would continue. The meetings over the next two days in the mountain resort town of Banff, Alberta, will be about "back to basics" and will include discussions about excess manufacturing capacity, non-market practices and financial crimes, Champagne told a conference. He said discussions would take place within the G7 and bilaterally with U.S. Treasury Secretary Scott Bessent about the impact of President Donald Trump's tariffs on trading partners, and that there would always be tension around such issues.

by: Fortune

4 essential truths of doing business in the cloud

Today it's essential for nearly any company to understand the cloud—which was not the case 25 years ago.

by: Forbes

Unlock Sustainability And Business Value With Three Simple Questions

This article introduces the of-on-for framework, a simple tool that enables your company to leverage sustainability to lead, now and in the future.

by: CNN

CBS News in distress after executive's exit: 'There's a lot of fear' | CNN Business

Five sources who spoke with CNN on condition of anonymity said that internal fights over "60 Minutes" have been much more fraught than the viewing public realizes.

by: CNN

Trump's tax cut faces a new snag: America's debt crisis is back in the spotlight | CNN Business

After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.

by: Fortune

Meet the 10 CFOs on Fortune's 2025 Most Powerful Women in business list

The list features 100 leading businesswomen from finance, tech, health care, telecom, retail, energy, and other industries.
  • Wed, May 21, 2025

by: MassLive

People in Business: May 19, 2025

People in Business

by: NDTV

How Trump's Immigration Crackdown Threatens To Hit Columbia's Finances

About 40 per cent of Columbia Universitys student pool consists of international students. Students pay $70,000 plus in tuition, but international students bring to the university what Trump froze in its federal research funds, - $903.1 million.

by: Impacts

How Does a Business Finance Broker Help to Grow a Business?

Struggling with the finances for the growth of your business? Find out how business finance brokers help to grow your business in the most effective way. Read now!

by: PBS

Trump's tariffs will test U.S. allies at G7 finance ministers' summit

The annual meetings of the Group of 7 finance ministers, known as the G7, are typically congenial and in previous years have produced joint commitments to combat inflation and counter the COVID pandemic. There may be less agreement this year.

by: Flightglobal

Gol's financial restructuring approved by US bankruptcy court

Brazilian carrier Gol secured approval on 20 May of its financial restructuring plan after filing for Chapter 11 bankruptcy last year.

by: legit

G7 finance chiefs begin talks under strain of Trump tariffs

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.

by: Forbes

How Small Businesses Can Find U.S. Suppliers With the SBA's New Portal

The SBA launched a portal to help small businesses find U.S. suppliers. The issue is it tries to solve something that isn't the real barrier to onshoring.

by: Fortune

Trump tariffs leave Northern Ireland, and its whiskey and plane makers, at the whim of the EU

Northern Ireland's special relationship with the U.K. and EU could make or break the country after Trump's tariff rollout.

by: Reuters

US business equipment borrowings decline in April, ELFA says

U.S. companies borrowed 4.4% less to finance equipment investments in April compared with the same period from the year earlier, the Equipment Leasing and Finance Association (ELFA) said on Wednesday.

by: CNN

Universal's epic new theme park kicks off latest front in media wars | CNN Business

This is an epic — pardon the pun — week for Comcast and the wider media business.

by: Forbes

3 Ways Suppliers Can Help Small Businesses Access Financing

Understanding supplier and vendor financing options can help small businesses navigate financial challenges. Here are some of the most common types of this funding.

by: Flightglobal

High demand keeps El Al financial performance strong in first quarter

Israeli flag-carrier El Al's first-quarter financial performance has improved, even upon the unusually-high figures from last year, as strong demand for the airline's flights persisted. El Al says the demand continued to be "significantly higher" than the supply of seats it could offer - generating average load factors above 94%, ...

by: Impacts

Blackcat Money: Revolutionizing Personal Finance with Digital Banking

Blackcat money represents a modern approach to personal finance, leveraging digital banking solutions to offer seamless, flexible, and rewarding money management. Inspired by platforms like blackcatcard.com, this innovative service provides users with instant access to virtual and physical payment cards, integrated services, and attractive cashback rewards. Designed for global accessibility, blackcat money empowers individuals and […]

by: CNN

Target boycotts over DEI hurt sales | CNN Business

Target's problems are growing.

by: Reuters

G7 finance leaders try to downplay tariff disputes, find consensus

Finance leaders from the Group of Seven industrialized democracies sought on Wednesday to downplay disputes over U.S. President Donald Trump's tariffs and find some common ground to keep the forum viable as they met in the Canadian Rocky Mountains.

by: Forbes

5 Ways To Support Small Businesses During Small Business Month

Here are five ways you can support small business owners in your community during National Small Business Month.

by: Fortune

Current refi mortgage rates report for March 26, 2025

by: CNN

Airlines brace for the summer of hell | CNN Business

Summer's usually a boom time for airlines. This year could change that.

by: Forbes

Five Grounding Principles For Business Success That Don't Involve Money

Companies are in business to make money, but in my view, money shouldn't be the only or most significant factor motivating people to achieve success.

by: Fortune

Trump's tariffs have pushed markets to the doorstep of 'correction territory' says Wall Street

Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.

by: Reuters

German finance minister and US treasury secretary Bessent met bilaterally, source says

BANFF, Canada (Reuters) -German Finance Minister Lars Klingbeil met United States Treasury Secretary Scott Bessent on Wednesday for a bilateral conversation on the sidelines of the G7 finance ministers' consultations in Canada, a German source in G7 circles told Reuters. Both agreed to meet again in Washington, with Bessent inviting Klingbeil. Klingbeil emphasized the importance of close transatlantic relations, especially in light of current geopolitical and economic challenges, the German source said.

by: Forbes

Pope Leo XIV's Lessons For Business Leaders

The compassionate, socially conscious vision of Pope Leo XIV has been publicly embraced with an energy that may well impact the initiatives of business leadership.

by: Fortune

The top 10 car picks for 2025, as selected by Consumer Reports

Hybrids are big, but only two of the ten are new entries.

by: CNN

Expert: 3 finance mistakes women are more likely to make in their lifetime | CNN Business

Did you know that women couldn't have their own credit cards until 1974? Haley Sacks, known as "Mrs. Dow Jones" and the creator of The Money Book 2.0, shares the three ways women can secure their financial future.

by: Forbes

Three Reasons Why Small Businesses Fall Victim To Cyberattacks

In this article, I will discuss key security concerns and strategies for small businesses to protect themselves against cyberattacks.

by: Forbes

The Strength Of Small Business In A Shifting Economy

Small businesses are the engine of the American economy. They are often the first to innovate, the fastest to adapt, and the most determined to persevere through change.

by: Forbes

Prioritizing Wellness: Seven Tips For Busy Business Leaders

It's critical that leaders take care of their well-being because being happy and healthy are extremely important to their quality of life and performance capabilities.

by: Forbes

3 Small Business Grants To Apply For Before Spring Ends

With deadlines approaching, the following three grant opportunities I've researched present a timely chance for small businesses.

by: Forbes

Unlock Sustainability And Business Value With 3 Simple Questions

This one business framework, guided by three questions, offers a simple tool that enables companies to leverage sustainability to lead, now and in the future.

Trump's tax cut faces a new snag: America's debt crisis is back in the spotlight | CNN Business

After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.
The article from CNN dated May 20, 2025, discusses the escalating US debt crisis, highlighting that the national debt has surpassed $35 trillion, prompting urgent calls for fiscal reform. It details how the combination of increased government spending on social programs and defense, coupled with tax cuts, has led to a significant budget deficit. The piece also covers the political deadlock in Congress, with Democrats and Republicans unable to agree on a solution, further exacerbating the situation. Experts warn that without immediate action, the US risks a severe economic downturn, potentially leading to higher interest rates and reduced public services. The article concludes with a mention of upcoming negotiations aimed at addressing the crisis, though skepticism remains about reaching a bipartisan agreement.

Read the Full CNN Article at:
https://www.cnn.com/2025/05/20/economy/us-debt-crisis

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