Economists Expect Recession to Start Later in 2023 Per New Survey
A new survey of business economists found the majority of them now predict a potential recession will happen later this year. The change in sentiment is due to a strong job report and retail sales in January.
Illinois Poised to Require Paid Leave for Employees Regardless of Business Size
Illinois Governor J.B. Pritzker plans to sign legislation requiring all Illinois businesses, regardless of size, to offer paid leave to their employees starting next year. Small business advocates oppose the measure arguing it would impose an unnecessary “one-size fits all” mandate on employers.
Five Daily Rituals Entrepreneurs Can Use to Manage Their Mental Health
While owning a business can be liberating, it can also bring various and differing kinds of stress. Company owners can manage their daily mental health by incorporating meditation, journaling, exercise, and more.
Department of Energy Announces $68 Million in Awards for Small Businesses Focused on Science
The U.S. Department of Energy (DOE) recently announced a series of funding awards of up to $68 million for 53 small businesses nationwide focused on solving scientific problems. Specific projects include developing tools for climate research and clean energy conversion.
$54 Million Grant Program Now Open to Los Angeles County Microbusinesses
The Los Angeles County Board of Supervisors and the LA County Department of Economic Opportunity (DEO) recently launched Phase Two of its Economic Opportunity Grant (EOG) program. The program will help serve both microbusinesses and nonprofits with grants of up to $20,000.