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Silicon Valley Black business group gets first female president
The Silicon Valley Black Chamber of Commerce has made history by choosing its first female president — a longtime member with an empowering personality.
Amazon makes fresh job cuts, mainly in retail division
Amazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-commerce website.
NCWV Business Summit to highlight economic trends, growth in West Virginia
FAIRMONT, W.Va. — The Chambers of Commerce of Marion, Monongalia, Harrison and Preston counties will host their 12th annual NCWV Business Summit at High Tech Foundation in Fairmont next week,
Weslaco Chamber to Host Candidate Forum, Oct. 8th
The Weslaco Area Chamber of Commerce & Visitors Center will be hosting a Candidate forum on Thursday, October 8, 2026, from 6:00PM to 8:00PM.
WDM Chamber opens nominations for High School Leadership Academy
The West Des Moines Chamber of Commerce, in partnership with West Des Moines Community Schools, is accepting nominations for its 2027 High School Leadership Academy. The free program offers up to 30 students in grades 9-12 an opportunity to develop leadership skills, explore career pathways and connect with local businesses through hands-on experiences and professional…
Laura and Greg Bird to be honored as 2026 Business Executives of the Year
Texas Wesleyan University, the Fort Worth Report, and the Fort Worth Chamber of Commerce are pleased to announce that Laura and Greg Bird have been chosen
Live: Governor candidates Demuth and Klobuchar to talk business issues at forum
The forum hosted by the Minnesota Chamber of Commerce begins at 9 a.m. Monday in Brainerd.
Garlin Gilchrist: Media Q&A at Detroit business luncheon
Michigan Democratic Secretary of State candidate Garlin Gilchrist joined the Chaldean American Chamber of Commerce Annual Business Luncheon on Friday, Oct. 16, and took questions from the media before the event.
Mader, Old Abe’s are person/business of the year
The Park Falls Area Community Development Corporation will honor the Citizen of the Year and the Business of the Year at the Park Falls Chamber of Commerce Fall Banquet and
Linda Pauli named 2026 Athena Leadership Award recipient in Alliance
Alliance Area Chamber of Commerce held its annual Business Alliance Awards luncheon on Oct. 16. Here are the winners.
Food major Kido enters entertainment sector, seeks new growth after ice cream divestment
Kido Group, Vietnam's leading food company, is expanding into media, entertainment and commerce through its AIRO ecosystem and A&M joint venture with YeaH1, as the group gradually exits its ice cream business, which has been a significant contributor to its profit from joint ventures and associates.
Commerce man says federal agents disregarded health conditions during arrest
For the first time, a Commerce man accused of illegally registering to vote is detailing his arrest and what he experienced during a 10-hour detention.
http://democrats-energycommerce.house.gov/media/press-releases/republican-health-care-cuts-are-decimating-american-families
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and House Energy and Commerce Committee Ranking Member Frank Pallone, Jr., D-N.J., today released their latest report spotlighting the consequences of Donald Trump and Republicans’ health care cuts, with a focus on the fallout of the Republican Big Ugly Bill.
Fanatics to Open Flagship Atlanta Sports Retail Experience at Centennial Yards as Part of New Multiyear Partnership with Atlanta Hawks
Deal pairs e-commerce with in-venue retail operations at State Farm Arena New retail destination, as part of mixed-use Centennial Yards real estate development, to offer Hawks and Atlanta team sports merchandise year-round
Opinion: How politics and policy are rewriting the rules of parcel delivery
By Daniil DavydoffFollowing the U.S. parcel delivery market can feel like tracking a race. Tactical moves to increase network capacity, build facilities,
Chamber volunteers to knock on business doors across Newport County on Friday
The Greater Newport Chamber of Commerce and its economic development division, Connect Greater Newport, will send teams of volunteers into businesses across Newport County on Friday, Oct. 23, from 10 a.m. to 1 p.m., to ask owners how business is going. Volunteers will work in small teams, visiting businesses for roughly 15-minute in-person conversations. Participants […]
Chamber, RCEDA bring back business classes
by John Dowd The Bitterroot Valley Chamber of Commerce and the Ravalli County Economic Development Authority (RCEDA) are teaming up to bring business training classes back to the Bitterroot Valley. […]
How American Express Is Helping Business Owners Prepare for Agentic Commerce
How American Express Is Helping Business Owners Prepare for Agentic Commerce
Moore Chamber Grows Team, Focus
With the close of the year in sight, the Moore County Chamber of Commerce is eyeing 2027, announcing team member changes and highlighting recent events and growth in a series
Shop local with De Aquí: The Boyle Heights Business Passport
Boyle Heights Beat and the Boyle Heights Chamber of Commerce are teaming up to help you explore 18 local businesses, collect stamps and win prizes along the way.
PROFILE: Ben Sio
New President of CenterState CEO Brings Nearly Two Decades of Experience to Drive CNY Growth By Stefan Yablonski Ben Sio serves as president of the CenterState Corporation for Economic Opportunity — or CenterState CEO. The independent Syracuse-based nonprofit is committed to creating inclusive, equitable and sustainable economic growth in Central New York. “I started in this position in March, so it has been six months. I’m in my 19th year with CenterState,” he said in August. As president, he is responsible for overseeing the organization’s administration and governance, while leading and executing its vision to be an effective advocate, exceptional employer and a force for positive outcomes for the community. He previously served as chief of staff and senior vice president of strategy, policy and planning, overseeing the organization’s long-term strategic planning, consulting, corporate governance, fundraising and development, land-use planning and government relations. In his years with the organization, Sio has led or supported many high-profile strategic initiatives including the creation of the CNY Rising Plan, the launch of the NUAIR Alliance and the region’s UAS strategy, the creation of the Micron-enabled Community Priorities Document and the recently awarded NY Smart I Corridor Tech Hub. “When we decided to split Rob’s [Simpson] role into two positions, he has the CEO title and I got the president title. Rob remains focused on forward looking vision strategy for the organization and I’m more focused on the day-to-day operations,” he explained. “I’m also responsible for building consensus around strategic needs and priorities and managing the change necessary to drive execution. It’s an eventful job. “The experiment that we call CenterState is always evolving and shifting and addressing where we see market demand and market failure. “If we see something in our economy that isn’t going the way we think it should go, then whether it is housing development or workforce development or something else, we are always figuring out how to step into these situations and address those challenges.” “We are the largest ever in terms of staff that we have ever been. We are no longer the 20-person organization we were when we started out many, many years ago,” he said. “There are more day-to-day things to take care of. But also there is just so much happening in the community right now that is pulling CenterState and our expertise in so many directions. I tell people if we were bored and not busy, then I’d be really concerned about what we are doing. But we are not bored. We’ve certainly got our hands full — and that is a good thing.” CenterState has now approximately 63 employees on its staff, according to recent nonprofit database records. It’s involved in myriad programs, ranging from Genius NY, a business accelerator competition for uncrewed systems, IoT and robotics startups, to CenterState Up Start, a collaborative business development program that connects local, service-based businesses and aspiring entrepreneurs to the tools and networks that help them thrive. CNY Guy Through and Through A Central New York guy through and through, Sio was born and raised in Skaneateles. “My mom was a teacher, an art teacher. My father worked for many, many years with National Grid. He was there through the transition from Niagara Mohawk to National Grid,” he said. “Neither of my parents were touched by cutbacks and job loss. But I grew up going through that transition and being concerned that there were rounds of layoffs. My childhood connection to the economy here in Central New York … years ago it was on the decline. There were people that lived here that were concerned about losing their job. They were thinking they lived in a place that didn’t show much promise.” That narrative translated to his generation, he added. “The kids that grew up in the ‘90s in Central New York were very much told, directly or indirectly, by their parents, that they had to go somewhere else to find economic opportunity. That is what I grew up thinking,” he said. “I only went a few miles down Route 20 for college — in Geneva, New York; I graduated from Hobart and William Smith College with a bachelor’s degree in public policy and political science. “I got real interested in regional economies; because what makes regional economy is what makes the economy successful. And when I graduated, I had an opportunity to move to Washington, DC and work down there at a nonprofit doing this work.” However, he decided to stay in Central New York. “I got hired two weeks after I graduated. I got hired by the Greater Syracuse Chamber of Commerce. At the time it was one of two entities doing economic development in Central New York — [the Greater Syracuse Chamber of Commerce and the Metropolitan Development Association] — and it eventually became CenterState CEO,” he said, referring to 2010 merger between the two organizations. During his time at CenterState, Sio has also split time at the Brookings Institution in Washington, D.C., where he supported communities developing export and foreign direct investment (FDI), a long-term cross-border investment where an individual or company from one country buys a lasting stake or control in a business located in another country. The program — known as Global Cities Initiative — was designed to help leaders in major U.S. and international metropolitan areas reorient their local economies toward global markets. “Early on in my tenure at CenterState, we had done a lot of work with the Brookings Institution, just regional planning stuff. We worked with them on developing a regional export plan, to export more products out of Central New York and a larger business plan for the region. They hired me on to help replicate those plans in different parts of the country,”Sio explained. “So, I worked there for three or four years. I worked for CenterState, but I was technically loaned to Brookings for a period of time to help them do this work elsewhere.” Family ties “My wife is Carly. We have been married 14 years. We have two kids, a 3-year-old and a 7-year-old. “With a 3-year-old and a 7-year-old, fun is a relative term these days. We do a lot of hiking. The kids this summer got very interested in waterfalls. We’ve hit every waterfall we could in a short hike — we’ve done Skaneateles and some others.” “I do woodworking and wood turning — it’s a branch of woodworking; you use a wood lathe. My big thing there is making wood bowls. I do that in most of my free time, which is not much,” he quipped. “I like to get into my woodshop and make a bowl and decompress and turn off the rest of the world for a little bit. I usually do it late at night when the house is quiet. It is definitely my escape from the day to day. I make a lot of bowls; all different sizes, all different species of wood. It’s a fun thing to do for me.” He gives away many of his creations. “They are mostly gifts — I don’t really sell them. I really don’t have time to go set up a booth at a fair or craft show. I usually give them away. I donate them to different things. If you are in my periphery, you’ve likely received a salad bowl from me as a gift. I just need to find something to do with all the stuff that I create,” he said. Lifelines Name: Benjamin Sio Position: President, CenterState CEO Birth Date: Not provided Birth place: Syracuse Residence: Westvale Education: Hobart and William Smith Colleges in the Finger Lakes Affiliations: Member of the boards of Skaneateles Festival, Greccio Foundation, Interfaith Works, CNY Community Foundation Personal/family: Married with two kids Hobbies: Woodworking and woodturning
Nearly 60% Arizona Latinos see environmental conditions as major health concern, report shows
The Arizona Hispanic Chamber of Commerce has released its annual Datos report, which looks at the state of Arizona’s Hispanic market. This is the 30th annual report.
North Bend Mayoral Candidates address the business community at recent forum
Candidate forums continued at the Bay Area Chamber of Commerce’s (BACC) Business Connection Luncheons on Wednesday September 30, 2026. This week, the chamber hosted current North Bend Mayor Jessica Engelke,
29 businesses honored at Bowling Green Chamber’s Targeted Business Awards, AKFA named Business of the Year
The Bowling Green Area Chamber of Commerce celebrated 29 businesses Thursday during its annual Targeted Business Awards, presented by Pinnacle Financial Partners, at the Knicely Conference Center.
Delta Expo celebrates regional business, culture, entertainment
From live music and Delta food to shopping, stepping, books, and small-business showcases, Pine Bluff buzzed Sept. 25-26 as the first-of-its-kind Delta Expo brought businesses, entrepreneurs, artists, and community members together at the Pine Bluff Convention Center. Presented by the Pine Bluff Black Chamber of Commerce and visionary president and CEO Joni Alexander-Robinson, the two-day […]
Laredo Chamber sets January date for VISION 2027 business event
The Laredo Chamber of Commerce has set the date for VISION 2027: State of the Business Community.
Madera County small business honored as one of the nation’s best
Madera County's Resort Life Carts named a top 10 small business by the U.S. Chamber of Commerce, winning a $2,000 prize.
How do Rockford-area businesses feel about the economy? Here’s what surveys say
By Kevin Haas Rock River Current Get our free e-newsletter ROCKFORD — Businesses in the greater Rockford region say their companies are in good health, despite waning confidence in the local economy. That's according to the latest results of the Greater Rockford Chamber of Commerce's quarterly business sentiment survey, which drew responses from 125 companies
Haverhill, Southern New Hampshire Chambers Plan Joint Business After Hours
The Greater Haverhill Chamber of Commerce is joining with the Southern New Hampshire Chamber of Commerce for Business After Hours next week at Wicked Sticky Designs. Members of the two chambers will network; get a behind-the-scenes look at Wicked Sticky Designs, producer of wide format printing, vehicle wraps, fleet graphics, banners and decals; and enjoy
What's Whatnot? Culver City startup sparks controversial spending spree and mints new stars
A California e-commerce platform is fueling the rise of live shopping in the United States, taking on giants such as TikTok and tackling concerns that the app is draining people's bank accounts.
Greater Rochester Chamber of Commerce, Rochester Mental Health Alliance to Host "Building Your Bank of Resilience" on 11/17
The Greater Rochester Chamber of Commerce and the Rochester Mental Health Alliance will be hosting “Building Your Bank of Resilience”, a community discussion featuring Dr. Naomi Hall and Recovery Friendly Workplace, on November 17, 2026, from 8:00 am to 9:30 am. Read the flyer below for additional details.
Greater Newport Chamber of Commerce to conduct Seventh Annual Business Walk on Friday, October 23rd, 2026
The Greater Newport Chamber of Commerce, with Connect Greater Newport, the regional economic development division of the chamber, will be hosting its seventh annual Business Walk on Friday, October 23rd from 10:00am to 1:00pm to meet with business owners in Newport County and gather their input on the region’s business climate. Erin Donovan-Boyle, President and
Chamber announces Four Under 40 winners
The Greater Sioux Falls Chamber of Commerce has announced this year's Four Under 40 winners.
CNBC names Ohio the No. 1 state to do business
In Focus host Mike Kallmeyer heads to Lima for the Lima Chamber of Commerce Big 7 Business Roundtable to sit down with Rick Carfagna, the VP of Government Affairs for the Ohio Chamber of Commerce
Commentary: Opportunity Zones can help bring investment, development to Idaho areas that need it most
Idaho’s newly approved Opportunity Zones could help bring more housing, businesses and jobs to communities across the state. The attraction for investors is the potential tax savings. This month, Idaho Commerce announced that the U.S. Treasury approved 25 zones, including areas in Boise, Coeur d’Alene and Post Falls. The new Opportunity Zone designations take effect […]
Corporate site selection experts raise a warning flag on Colorado
Business site-selection experts had some concerns about Denver's affordability and regulations, they told the Denver Metro Chamber of Commerce audience
Business Beyond the Beach: Rodrick T. Miller | President and CEO, Beacon Council
Getting your Trinity Audio player ready... 🎙 Welcome to the Business Beyond the Beach Talk Show! The Miami Beach Chamber of Commerce is proud to present Business Beyond the Beach, the exclusive Chamber talk show created in partnership with Miami’s Community Newspapers. This series highlights the stories of Miami Beach Chamber members making an impact […]
Big Brothers Big Sisters of Broward County and Henderson Behavioral Health Win Community Catalyst Award - Florida Hospital News and Healthcare Report
Ty Richardson, Interim President & CEO of the Greater Fort Lauderdale Chamber of Commerce; Vivian Demille, COO of Henderson Behavioral Health; Shari Thomas, Director of Youth & Family at Henderson […]
Business Beyond the Beach | Priscila Hawthorne of The Maximum Life
Getting your Trinity Audio player ready... 🎙 Welcome to the Business Beyond the Beach Talk Show! The Miami Beach Chamber of Commerce is proud to present Business Beyond the Beach, the exclusive Chamber talk show created in partnership with Miami’s Community Newspapers. This series highlights the stories of Miami Beach Chamber members making an impact […]
The fresh faces that may shake up key Senate committees ahead of midterms
Dozens of Democrats are vying for seats on the House Energy and Commerce and Ways and Means committees, with several members from both parties either leaving or in close races.
Resort Life Carts named national top-10 honoree
Madera-based Resort Life Carts earns a national top-10 honor from the U.S. Chamber of Commerce for its business growth.
Cancer’s Andreana Holowatyj honored by Chamber of Commerce
Holowatyj leads a renowned biomedical research program committed to tackling the rising tide of early-onset cancers among adults under age 50.
DITP Promotes Thailand's Entertainment Industry on the Global Stage with "Thai Night Busan 2026& ...
BUSAN, SOUTH KOREA - Media OutReach Newswire - 6 October 2026 - The Department of International Trade Promotion (DITP), Ministry of Commerce, has announced its readiness to bring Thai companies in the film and content industry to the Asian Contents & Film Market (ACFM) 2026, a major marketplace
Choptank Health celebrates expanded care in Chestertown
CHESTERTOWN — Choptank Community Health System joined the Kent County Chamber of Commerce, community leaders, and partners on Sept. 22 for an open house and ribbon-cutting at its expanded Chestertown
Wyoming County Chamber of Commerce seeks nominations for business awards
WARSAW — Nominations are underway for the Wyoming County Chamber of Commerce's annual awards dinner.
North Augusta Optimist Club shares mission of supporting youth event with local businesses
The North Augusta Chamber of Commerce held an afterhours with the North Augusta Optimist Club.
Business After Hours to showcase The Block at Millan on Fairview Lane
The Clarksville Area Chamber of Commerce and Millan Enterprises will host Business After Hours at The Block at Millan.
Ruiz Bill Requiring Social Media Services As Part Of State’s Small Business E-Commerce Program Adv.
TRENTON – To support small businesses, the Senate Economic Growth Committee advanced legislation sponsored by Senate Majority Leader M. Teresa Ruiz that would require social media developme
Bellevue-Based Business Receives National Recognition
OneFarStar LLC, the Bellevue-based parent company of Millie’s Sipping Broth, has been named among the U.S. Chamber of Commerce’s 2026 CO—100.
MillikinWORKS, Decatur Regional Chamber of Commerce to host AI for Business workshops
Sessions will give participants hands-on experience using AI responsibly and practical skills.
Reno + Sparks Chamber announces Latino Business Council launching in 2027
The Reno + Sparks Chamber of Commerce announced plans to establish a Latino Business Council on Jan. 4, 2027, to expand services, advocacy and networking opportunities for Latino business owners in Northern Nevada. The new council will work to increase chamber membership among Latino business owners and operators while developing programs that address their business […]
Clarksville Area Chamber of Commerce’s Veteran Business of the Month, Above Standard Building Maintenance - Clarksville Online - Clarksville News, Sports, Events and Information
Clarksville, TN - Above Standard Building Maintenance has been providing services like janitorial services and hard-surface stripping and waxing to folks in
NLR Chamber CEO to exit for Florida post
The North Little Rock Chamber of Commerce announced Tuesday (Oct. 6) that President and CEO Derrell Hartwick will depart the organization effective October 9, 2026. Hartwick has served more than...
Inaugural QAC Chamber Contractor Summit builds regional networks, showcases trades
WYE MILLS — Bringing together local tradespeople and regional business leaders, the Queen Anne’s County Chamber of Commerce hosted its first Contractor Summit Sept. 24 at Chesapeake College to build
Amazon Small Business Event: Empowering the Next Generation and Scaling Service-Based Entrepreneurs
Join Hera Hub and Amazon for a hands-on workshop designed to help aspiring entrepreneurs and established service-based business owners bring new products to life. Amazon experts and small business owners will provide practical guidance, useful tools, and actionable next steps to launch a product and build a business with Amazon. This event is free but space is limited to 60 participants and will fill up. The event includes a light breakfast and lunch. Participants will choose from two specialized tracks based on their goals and stage of business. TRACK 1: NEXT GENERATION From Product Idea to Online Store Designed for aspiring young entrepreneurs, from junior high students through college and beyond, who have a product idea or want to explore the world of e-commerce. Amazon small business owners and Amazon experts will review topics such as: • How to develop and refine a product idea • How to set up and sell products on Amazon • What to consider when pricing, marketing, and fulfilling orders • Practical next steps for moving from idea to launch Whether participants already have a product in mind or are simply curious about entrepreneurship, this track will help them see what is possible and give them a roadmap to get started. TRACK 2: SERVICE EXPANSION Turn Your Expertise Into a Product Designed for consultants, coaches, speakers, creatives, and other service-based entrepreneurs who want to expand beyond trading time for money. Participants will explore how to transform their knowledge and expertise into tangible products such as: • Books and workbooks • Journals and planners • Card decks • Educational tools and resources Amazon small business owners will share how they identified viable product opportunities and created a product that can generate revenue beyond their one-on-one services. An Amazon expert will also review self-publishing and other ways to build a business with Amazon. By the end of the workshop, participants will leave with greater clarity, practical guidance, and a tangible next step toward launching or expanding their product-based business. The event includes a light breakfast and lunch. This event is free but space is limited to 60 participants and will fill up.
Executive MBA Grad Garners Industry Honors
The Daily Journal of Commerce has recognized Caitlin Powell, MBA '24, as one of its Women of Vision for 2026.
Sinclair Community College opens new Fire Science Academy
DAYTON, Ohio (WDTN) – Sinclair Community College is celebrating the grand opening of its new Fire Science Academy. The new Fire Science Academy training facility, which is located on Commerce Park …
Business Briefcase: Sherry Dental & Wellness in Business Spotlight
SHENANDOAH — Sherry Dental and Wellness, 10 S. Bower St., is featured in the most recent Schuylkill Chamber of Commerce Business Spotlight, according to the chamber’s Anthony Merchlinsky. At Sherry Dental, “dentistry goes far beyond simply …
Power of Pink event offers free mammograms, health screenings
The Grosse Pointe Chamber of Commerce and Henry Ford Health are hosting 'Power of Pink' on October 19th, from 4-7PM. For more information, call (313) 881-4722.
Chamber offers business-focused voter guide for 2026 general election
Business owners wanting to know where candidates for Congress, the state Legislature and Richland City Council stand on economic issues can review the Tri-City Regional Chamber of Commerce’s online voting guide.
Mom-and-Pop Business Owners Grapple with Harsh Times
Report shows small business owners in NYS less optimistic about the economy. Taxes, inflation, labor costs and competition from larger businesses are major concerns right now, they say By Aaron Gifford [caption id=attachment_11067 align=alignright width=300] Ashley Ranslow is director for New York state at The National Federation of Independent Business (NFIB).[/caption] Owners of mom-and-pop businesses in New York state have been less optimistic lately than their peers in other parts of the country, a recent report indicates. The National Federation of Independent Business (NFIB), based on a survey of 11,000 of its members in the Empire State, reported that taxes, inflation, labor costs and competition from larger businesses are major concerns right now. “Indeed, while taxes are a major problem in New York and the United States overall, New York small businesses notably are struggling more with the state’s onerous, multi-level tax burden,” Ashley Ranslow, NFIB’s director for New York state, said in the July report. Compared with surveys of business owners in other states, far fewer New York respondents rated their businesses as in excellent or good health. The report also said labor costs here are about 25% higher than the national average and are the “single most important problem” facing businesses. One respondent to the New York-specific survey complained that too much red tape, taxes and laws that restrict high-yielding companies have stifled their operation’s growth. Others said high disability and workers’ compensation insurance costs, alarming increases in utility rates and excessive building regulations are discouraging. Statewide, New York has a gross domestic product of $2.53 trillion (third in the nation, followed by Texas, $2.90 trillion; and California, $4.25 trillion), a per capita income of $90,500 (sixth) and an unemployment rate of 4.6% (34th). There are 2.4 million small businesses that employ 3.9 million people. [caption id=attachment_11112 align=alignright width=451] Member of the Greater Liverpool Chamber of Commerce gather at one of the several functions the chamber organizes monthly. “Everyone in this business community encourages each other to shop local. Everyone just wants to see each other succeed,” says Megan Wilmot, the chamber director[/caption] “New York state boasts one of the largest, wealthiest and most diverse cities in the world — and that’s still only about half the state’s population,” the report said. “In other words, the state is both its iconic city and so much more — geographically, demographically, economically. But New York is not without its challenges, challenges that include notably high taxes and other weaknesses that impact the small business environment,” it said. The report includes an optimism index that compares responses from New York (NFIB) members with those of their peers in other states across several categories. This ranges from plans to increase employment to expectations for higher sales, to plans to increase inventory or expand. The scores for Empire State business owners were lower in most categories, but they did score higher than the national average in noting that they have current employment openings, and that they are hopeful that the economy will improve. “The metrics so far paint a picture of a state with a series of challenges for small businesses, from a slightly below national average Optimism Index to a more seriously below national business health to very substantially below national Employment Index. What is going on with businesses that are creating these differences?” the report stated. In Central New York, the regional labor force comprises nearly 398,000 workers. The median household income here is $71,463, and the gross domestic product for the region last year totaled $61.3 billion, according to the CenterState CEO economic development and research organization. About half of the region’s labor force works for small and mid-sized businesses, although the number of people employed in that sector has decreased by 7% since 2010, according to CenterState’s 2026 economic forecast report. “While record-high employment in large-scale enterprises provides a strong foundation for Central New York,” the report says, “the long-term health of communities depends on a thriving small business sector to serve as a stabilizer.” Area employers identify several barriers to Central New York’s anticipated growth, including lack of specialized or skilled workers, government regulations, unaffordable housing options and long-term construction disruptions. In the city of Syracuse, the number of jobs in retail trade decreased by 1,500 or 4.7% between July 2025 and this past July. By contrast, the number of jobs in the leisure and hospitality sector increased by 2.5% or 700 jobs, in the same annual period, according to the New York State Department of Labor. Still, there’s plenty of interest for new businesses across Central New York. U.S. Census figures show that the number of applications for new businesses in all four counties increased significantly in the past 20 years. In Cayuga County, there were 324 applications in 2005 compared to 470 last year. In Madison County, the number increased from 385 to 480; Onondaga County, from 2411 to 4132; and Oswego County, from 553 to 836. Downtown Cazenovia is exemplary of Madison County’s trend: In the past year, the village welcomed a bait shop, a thrift store, a vitamin infusion center, a pizzeria, a Pilates studio and an Italian restaurant. A candy store is scheduled to open on the main drag in the months ahead. Oswego’s list of interesting new businesses in the past year includes a bubble tea shop, a hot dog eatery in Fulton, a specialty grocery store that features New York state products in Mexico, a beauty and esthetics studio in Hannibal and a hardware and farm supply store in Sandy Creek. In Onondaga County, the Liverpool area has also enjoyed a steady stream of new shops and eateries in recent years. That suburban community is unique in that, unlike neighboring communities, most of the restaurants are family-owned and not part of a national chain. [caption id=attachment_11116 align=alignright width=300] Megan Wilmot is the executive director of the Greater Liverpool’s Chamber of Commerce.[/caption] Megan Wilmot, executive director of the Greater Liverpool Chamber of Commerce, said independent business owners in her community maintain a strong sense of pride in holding their own against national companies. The chamber helps boost morale with red carpet events, ribbon cuttings, coffee hours and five-year anniversary celebrations for participating businesses. “We have built such a strong community,” Wilmot said. “Everyone in this business community encourages each other to shop local. Everyone just wants to see each other succeed.” In Syracuse, the downtown retail occupancy rate last year was about 82%, a slight improvement from 2024, according to the Downtown Syracuse Committee’s most recent annual report. Buildings with the largest amount of vacant space included The Galleries, One Park Place, and Equitable Towers, though not all of those spaces are designated for retail use. New businesses that opened in downtown Syracuse last year: Better with Time Clothing, Dakshin Curry & Biriyani, Havana Tattoo Society, Milano Bean Café, Miss Daisy, Pausa Coffee, Sweets for Babe, The Society CNY and Yafah Beauty Studio. The Destiny USA mall’s occupancy rate decreased from 80% in 2023 to 72% by the end of 2024, according to Integra Realty Resources. That leaves more than a quarter of the mall’s retail space vacant. “Looking ahead, the retail market is expected to see minimal rent growth, with vacancy rates likely remaining stable in community and neighborhood centers but continuing to rise in enclosed malls,” Integra’s report said. “New construction activity is low and redevelopment plans for former malls like Shoppingtown and Great Northern are still in the planning stages. The proposed Micron chip plant may spur development, but challenges remain in finding co-developers for large-scale projects.” Nationally, the U.S. Chamber of Commerce expects that small businesses will remain resilient and see their sales and revenues eventually improve. That organization, in a recent national survey, found that 25% of small business owners expect the economy to improve in 2027, while 45% indicated that they plan to increase employment in the next 12 months. And 69% said they believe their small business is in good shape and 70% said they are comfortable with their current cash flow. Thirty-one percent of small businesses reported raising their prices in July and 28% are planning to raise their prices within the next three to four months, the report said. Twelve percent indicated that this is a good time to expand their business. “Small business owners voice optimism for future revenues and hiring,” the report said. “High costs continue to be a wet blanket on reinvestment.” The NFIB reported in July that Main Street, despite gas price hikes, “is OK … for now.” Its small business economics trend report said sales across the country have been strong compared to last year, but continued inflation and higher prices from mom-and-pop establishments are causing some “cracks” to show. “If costs stay this high for much longer, reduced investment will have a tangible economic impact,” the report said. “The status quo is OK, but the outlook? The outlook is uncertain.”
PRO SHOP RAISES $24 MILLION SERIES B TO ACCELERATE NEXT PHASE OF GROWTH ACROSS MEDIA, ENTERTAINMENT AND COMMERCE
/PRNewswire/ -- Pro Shop, the innovative media platform connecting golf with mainstream culture, today announced the closing of a $24 million Series B...
BUNNY IN THE CITY: Greater Savannah Black Chamber of Commerce Business Flood with Habitat
Check out the photos here!
Spurred by Pulitzer Prize-Winner’s Visit, Business Leaders Grapple With State’s Housing Crisis: Business NH Magazine
Brian Goldstone, journalist and author of the Pulitzer Prize-winning There Is No Place for Us: Working and Homeless in America, spoke during an Oct. 15 forum, hosted by the Greater Concord Chamber of Commerce and the Concord Coalition to End Homelessness.
Mike Rogers: Media Q&A at Detroit business luncheon
Michigan Republican Senate candidate Mike Rogers joined the Chaldean American Chamber of Commerce Annual Business Luncheon on Friday, Oct. 16, and took questions from the media before the event.
Local Achievement: Chamber honors seven women at its ‘Women in Business: Women in Bloom’ event
Seven women were honored for their work and service to the community Thursday night at the Henderson Chamber of Commerce’s
SLR Business Credit Provides $3MM Accounts Receivable Line of Credit to Influencer Marketing and Affiliate Commerce Company
SLR Business Credit, a provider of asset-based lending solutions to middle-market companies, provided a $3 million revolving line of credit, secured by
DeKalb hosts small business summit Oct. 14
Join the DeKalb County Chamber of Commerce Small Business Summit on Oct. 14 at the Emory Conference Center for expert panels.
Business Briefcase: County asks for input on parks, recreation, open space
Schuylkill County is inviting residents to share ideas and help shape the future of parks, recreation, and open spaces throughout the county, according to a Schuylkill Chamber of Commerce update. Two upcoming public open houses “will p…
Women in Business Quarterly Mixer
The holidays can be a season of celebration-but they can also bring added stress, financial pressure, and a never-ending to-do list. Join the Culver City Chamber of Commerce for Thrive Through the Holidays: Women in Business Mixer, on Wednesday, November 4 at an evening designed to help you enter the holiday season feeling connected, prepared, and...
Sen. Dornink: Democrats misguided health care policies driving another year of higher health insurance rates as the ACA fails to deliver on its promise
Senate Republicans sounded the alarm on another round of double-digit health insurance rate increases announced by the Department of Commerce, saying state Democrats raised costs and taxes, drained the Health Care Access Fund that was supposed to hold premiums down, and opposed one of the most successful tools to lower premiums through the reinsurance program....
Rochester Area Chamber of Commerce voices support for controversial Pine Island data center
The Rochester Area Chamber of Commerce, the second largest chamber in the state, announced it is formally backing Google’s massive and controversial data center proposal, known as Project Skyway.
Commerce awards grant to help Health Department speed up septic permit reviews
Awarded $70,000 to the Snohomish County Health Department to help it expedite reviews of on-site septic systems for new homes.
Northern Virginia defense tech firm plans to increase staff by 25% or more
A recent survey from the Northern Virginia Chamber of Commerce and Pinkston found a third of business executives expect to do some hiring in the next six months. Tim Tkacz of Reston-based Blue Sky Innovators is one of them.
BVCC's Business Leadership Summit Series: AI
The Blackstone Valley Chamber of Commerce (BVCC) is proud to announce a quarterly leadership series exploring the forces reshaping businesses. The inaugural summit will focus on Artificial Intelligence, designed for […]
Little River Chamber to host 3 Ashdown business openings
The Little River Chamber of Commerce will host ribbon-cutting ceremonies for three new Ashdown businesses: Modest & Beautiful Boutique, The Millhouse - Southern Cajun Cooking, and Respawn Digital.
Free cameras offered to small businesses in San Joaquin County to fight retail theft
A partnership between security companies and the Greater Stockton Chamber of Commerce is providing free cameras and installations to small businesses in San Joaquin County to help prevent retail theft.
Business Briefcase: Chamber to launch relational ‘accelerator’
POTTSVILLE — The Schuylkill Chamber of Commerce in November will launch Relational Leadership, a three-week “accelerator” led by county native Ed Wallace, a bestselling author and business relationship expert. According to a chamber event r…
Photos: Fall Business Expo in Woodland Park
The Greater Woodland Park Chamber of Commerce‘s Fall Business Expo, held Oct. 21 at the Ute Pass Cultural Center, allowed local businesses to show off their services and wares to the community.
Sandpoint Furniture honored as top chamber business
Sandpoint Furniture earned October Business of the Month honors from the Greater Sandpoint Chamber of Commerce, recognizing more than 80 years of service, community involvement and growth in the Sandpoint area.
2026 Mayor’s Small Business Awards set for Oct. 21
The Maui Chamber of Commerce will host the 2026 Mayor’s Small Business Awards from 5:30 to 9 p.m. Oct. 21 at the King Kamehameha Golf Club Waikapu Ballroom. Registration is required for this Academy Awards-style event honoring Maui small businesses. Tickets may be purchased at MauiChamber.com by clicking on the Events page. Meals are $125 […]
Business Beat : Chamber to host “Your Website Your 24/7 Salesperson” seminar
COLDWATER, MI (WTVB) - The Coldwater Area Chamber of Commerce will host a business presentation titled "Your W...
Delta Expo celebrates regional business, culture, entertainment
From live music and Delta food to shopping, stepping, books, and small-business showcases, Pine Bluff buzzed Sept. 25-26 as the first-of-its-kind Delta Expo brought businesses, entrepreneurs, artists, and community members together at the Pine Bluff Convention Center. Presented by the Pine Bluff Black Chamber of Commerce and visionary president and CEO Joni Alexander-Robinson, the two-day […]
Mike Rogers discusses contentious Senate race at Detroit business luncheon
Michigan Republican Senate candidate Mike Rogers joined the Chaldean American Chamber of Commerce Annual Business Luncheon on Friday, Oct. 16 in Detroit. He talked about the state of Michigan and the Senate race with FOX 2’s Roop Raj.
AI Shopping Is Here. Are Your Products Ready?
AI commerce platforms help small businesses make their products discoverable and purchasable across emerging AI shopping channels.
Business Breakfast with Consul General of Mexico
The Latin American Chamber of Commerce of Georgia is honored to welcome Rafael Laveaga, Mexico’s Consul General in Atlanta, as our featured guest speaker for the October Business Breakfast. In this special presentation, Consul General Laveaga will discuss the growing economic, trade, and cultural relationship between Georgia and Mexico and highlight the impact of this ... Read more
Pro Shop Raises $24 Million Series B To Expand Golf Media, Entertainment, And Commerce Platform
Pro Shop raised $24 million in Series B financing to expand its media, entertainment, live events, and commerce businesses. Arthur M. Blank Sports and Entertainment led the round.
How to watch the Dodgers vs Braves without cable today
Here's how to watch Dodgers vs. Braves Game 1, including first pitch, TV channel and streaming options.
Iowa businesses recognized as top 100 US small businesses
Three Iowa businesses were named to the U.S. Chamber of Commerce’s 2026 CO—100: America’s Top 100 Small Businesses list. The CO—100 recognizes small businesses for their growth, innovation and commitment to their customers, according to a news release. Original Group Holdings, a woodworking equipment manufacturer in Britt, was recognized as a community champion. The company…
Partnership is the key to small business success
Greater Rochester Chamber of Commerce highlights how partnerships accelerate small business success and regional economic growth through collaboration and innovation.
Digital Brands Group Expands Sports and Entertainment Partnerships, Names Todd Kucinski Vice President of Strategic Partnerships for Sports and Entertainment
AUSTIN, Texas, October 15, 2026--Digital Brands Group, Inc. ("DBG" or the "Company") (NASDAQ: DBGI), a publicly traded company specializing in apparel and e-commerce, today announced that the appointment of Todd Kucinski as Vice President of Strategic Partnerships for Sports and Entertainment, a newly created leadership role focused on expanding year-round sports, entertainment, licensing and brand partnership opportunities across AVO’s growing portfolio of university relationships.
How Digital Innovation Is Reshaping U.S. Small Businesses
The U.S. Chamber of Commerce Technology Engagement Center (C_TEC) report Empowering Small Business: The Impact of Technology on U.S. Small Business examines the pivotal role that diverse technology platforms play in helping small businesses operate and compete.
BUSINESS UPDATE: Attracting World-Renowned Piercing Educators to Oswego
Growing number of renowed piercers are coming to Oswego to share knowledge at newly opened Aqua Spa Float Center piercing suite Submited by Aqua Spa Float Center & Wellness Boutique [caption id=attachment_11066 align=alignright width=450] Recent opening of Aqua Spa Float Center piercing suite.[/caption] Professional piercers and educators from countries including France, Scotland and India have come to Oswego’s Aqua Spa Float Center & Wellness Boutique to share their knowledge In the past year and a half, the Port City has become a destination for some of the industry’s most respected educators through the efforts of the Aqua Spa Float Center & Wellness Boutique. Beginning in January of 2025, Aqua Spa Float Center envisioned a new version of body piercing, one where elegance, safety and personal expression could converge. According to the Aqua Spa, piercing is no longer just a trend — it’s a refined form of personal identity, luxury styling and self-investment. It’s not only about the jewelry — it’s about the entire experience. The team welcomed first guest piercer Ruben Triguero, a senior French piercer, piercing stylist and international educator, who has over two decades of experience and has worked in some of the world’s best studios, including Paris, Rome, New York, Miami, Los Angeles and Dubai. In those studios, he offered his expertise and refined styling skills. Triguero is a prominent figure and leader in the piercing community and shares his knowledge with piercers teaching classes for the industry’s most prestigious organizations, including Latinoamérica Body Piercing Association (LBP) and Association of Professional Piercers (APP). He is currently the senior international instructor of the APP. Triguero has a passion for creating stunning, personalized piercings for clients around the world. Education and Mentorship Following a year of success and popularity, Aqua Spa Float Center hosted the grand opening of its private dedicated piercing suite in March. Aqua Spa Float Center & Wellness celebrated this next chapter with a grand opening and ribbon-cutting ceremony attended by the Oswego Mayor Robert Corradino, members of the Greater Oswego-Fulton Chamber of Commerce, local business owners and community members. The educational focus, aligned with Aqua Spa Float Center’s vision and mission, had already begun expanding beyond clients. Aqua Spa has hosted multiple workshops and continuing education opportunities for professional piercers, inviting studios from across the region to gain hands-on experience from internationally recognized instructors without the expense of traveling to national or international conferences. These educational events have welcomed nationally and internationally recognized professional piercers and educators from countries including France, Scotland, India, and throughout the United States. Aqua Spa also continues to collaborate with talented regional and local professionals, creating opportunities for education and mentorship that benefit both industry peers and clients throughout Central New York. Aqua Spa Float Center & Wellness Boutique owners — Tammy Wilkinson and Terry LeRoi — have been deeply rooted in the piercing industry with over 30 years in business as LeRoi Fine Body Jewellery. Combining that experience with holistic wellness, self-care and self-expression is the new concept with the client Luxe Piercing Experience at the Aqua Spa Float Center. “At LeRoi Fine Body Jewellery and Aqua Spa Float Center, we’ve been fortunate to work with many of the world’s most respected piercers through our involvement with the Association of Professional Piercers and by attending conferences across North America and Europe,” said LeRoi, founder of LeRoi Fine Body Jewellery and co-owner of Aqua Spa Float Center & Wellness Boutique. “Those experiences have shown us that education is what drives our industry forward. “Not every piercer or studio can travel to major conferences like the APP Conference in Las Vegas or APP Benelux in the Netherlands, so we’re committed to bringing that level of education here. Hosting internationally respected educators like Jef Saunders allows our clients to experience the highest standards of professional piercing while giving piercers throughout the Northeast the opportunity to learn from some of the very best in the profession. That’s something we’re incredibly proud to offer our community.” When asked about the client experience, Wilkinson explained that education is at the heart of every appointment as well. “Our vision is to nurture and enhance wellness, balance and harmony through a multi-modality-centered facility, and we aspire to empower sustained, positive change, well-being and self-awareness; and educate to the benefits of natural health, holistic wellness and life balance,” Wilkison explains. “Piercing is no different. The piercing experience feels just as peaceful and rejuvenating as any other spa services. From the moment our clients arrive, they are in the very best hands with our kind and professional Wellness Ambassadors and experienced APP guest piercers.” Wilkinson also explained that piercing clients receive stellar care: every Luxe Piercing appointment includes a one-on-one private piercing in Aqua Spa’s dedicated piercing suite, their choice of custom jewellery by LeRoi Fine Body Jewellery, thorough after-care instructions and complementary check-up appointment, complementary whole-body red light therapy session in the Class II NovoTHOR medical device to promote healing, and access to many rejuvenating spa services. Piercing clients get 15% off during any event. According to Wilkinson, “Health and safety are always our highest priority when you come in for a piercing or jewelry installation. Before each appointment, all tools and jewelry are sterilized in a Statim autoclave, and every surface in the piercing room is carefully disinfected. During the procedure, your piercer will wear a mask and change gloves as needed to maintain a sterile environment. Once your piercing is complete, your piercer will go over detailed aftercare instructions with you. Following these steps is crucial to ensure proper healing before you leave our sanctuary.” As a part of the experience, guest piercers include a thorough anatomy review of the client’s desired piercing to ensure the new addition will work in harmony with the existing. “Our clients are enjoying building and creating ear curations with these international professionals. It’s a unique styling event and a chance to highlight self-expression,” Wilkinson said. Clients and piercers throughout the region are flocking to this piercing destination in Upstate New York. The Luxe Piercing Experience has welcomed clients and piercers alike from around the globe. Owners Wilkinson and LeRoi hope to continue the momentum with more educational seminars with industry experts to be a hub of knowledge and expertise. They hope to establish LeRoi Fine Body Jewellery and Aqua Spa Float Center as legacy businesses known for their lasting, positive impact on the piercing and holistic wellness industries.
Senator Liz Boldon Denounces Health Insurance Plans, Speaker Demuth, Governor Walz and Minnesota Department of Commerce for Failure to Protect Home Care Nursing Coverage
SAINT PAUL, Minn. — In late 2025, several insurance companies informed Minnesota families that they would be imposing coverage limits on home care nursing services – in-home care for children with complex medical needs and disabilities. Despite a 2010 state law mandating that these services “shall be covered” by health plans for families also enrolled
How Americans’ Financial Health Is Faring In The “K-Shaped” Economy
Hey all, Jason here. Money20/20 is still two weeks away, but I’ve already started packing (not procrastinating for once!). My calendar is already filling up with various sessions I want to catch, meetings, and of course happy hours, dinners, and other side events. If you’ll be in Vegas and want to catch up, let me know by replying to this email, and we can try to find a time amidst the chaos of the Venetian. A big if not totally unexpected piece of news dropped on Friday: the Independent Community Bankers of America, a trade group that represents smaller U.S. banks, filed a lawsuit against the OCC and Comptroller Jonathan Gould, arguing that the regulator’s move to grant trust bank charters to firms seeking to use them to conduct substantial non-fiduciary activities exceeds the authorities granted to the OCC by Congress. I haven’t had time to fully digest the legal filing or speak to folks in my network about it, but you can expect to see coverage and analysis on it in next week’s newsletter. Subscribe or Support by Upgrading The NerdCon agenda just dropped. It’s stacked. Partner content: Nubank built an AI-first bank. Chime built its own banking core. Figure and Valon are rebuilding the mortgage stack. At NerdCon, you’ll hear from the people behind those bets: what they chose, what they learned, and what they’re still figuring out. The agenda is live, with leaders from Nubank, Chime, OpenAI, Remitly, Mercury, Figure, Valon and more. Follow the mainstage conversations, bring the problem your team is wrestling with to a hands-on workshop, or pull up a chair at a roundtable. Pick your quests. Meet us in San Diego, November 18–20. Fintech Business Weekly readers save 20% with code FBW20. Explore the Agenda Things To Know & Other Good Reads Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements (Federal Reserve Board of Governors) FDIC Announces Conclusion of Independent Monitorship (FDIC) Modernizing Financial Regulation: Initial Observations from eSLR (Fed Vice Chair for Supervision Michelle Bowman) The Data Version of Godzilla versus Kong: FRED Takes on AI (Fed Governor Christopher Waller) Financing the AI buildout (Brookings) Q3’26: Rules for Banks but Not for Crypto (Fintech Takes Banking) The Inevitability of Local Stablecoins (Lombard Notes) Delusions of AI Governance: The Human-in-the-Loop Comfort Blanket (Fintech Snark Tank) Stripe agrees to acquire Parafin to expand revenue opportunities for platforms and help small businesses grow (Stripe) Listen: Fighting Fraud in the Age of AI, with SEON’s Tamas Kadar (Fintech Business Weekly) How Americans’ Financial Health Is Faring In The “K-Shaped” Economy If there is one overarching theme across the economy and politics in the U.S. at the moment, it’s “affordability.” The term is vague enough to encompass a panoply of factors shaping Americans’ day-to-day lives: rising costs for the hallmarks of being “middle class,” including healthcare, housing, childcare, and education, inflation and rising interest rates, and a job market with the specter of AI hovering over it. At the same time, policy shifts under the Trump administration have resulted in reduced subsidies to those who get health insurance under the Affordable Care Act and new restrictions on qualifying for Medicaid and SNAP, the impacts of which have yet to be fully felt. These factors are contributing to declining consumer confidence and general dissatisfaction with the economy, despite continuing GDP growth and stock market records. This divergence is encapsulated in the idea of the “K-shaped” economy, in which a small proportion of Americans have seen their wealth balloon, while the majority of American households struggle to preserve the lifestyle they have. Perhaps the greatest determinant of which branch of the “K” a household is on is whether their wealth and income are primarily derived from employment vs. from assets. Nearly two decades of low interest rates and, more recently, elevated rates of inflation have benefited asset owners, while those whose income is primarily or solely derived from labor have largely seen real purchasing power stagnate or decline. This is reflected in recent Bureau of Labor Statistics data showing that labor share of U.S. GDP — the fraction of economic output that accrues to workers as compensation in exchange for their labor — dropped to just 52.8% in Q2 2026, the lowest since the BLS began keeping records. In 1947, approximately 2/3rds of economic output accrued to workers; even as recently as 2001, labor’s share of GDP was 64.1%. Against this backdrop, we’ve seen the rise of more credit and credit-like products: cash advance apps, “no-fee” overdraft, earned wage access, and buy now pay later, which are often used as small-dollar short-term borrowing mechanisms to meet immediate consumption needs or pay other bills (eg utilities, cell phone, other debt payments). With the markers of a middle class existence and, increasingly, basic financial stability seemingly out of reach for many, it should be no surprise there’s been an increase in “financial nihilism,” something industry peers like Alex Johnson and Frank Rotman have discussed and analyzed the roots of. The explosion of gambling and gambling-adjacent products and services — often marketed under the guise of being an “investment” — is inextricably intertwined with the rise of financial nihilism. Crypto, sports betting, and, more recently, prediction markets offer an escape or even hope of sorts, like a contemporary, digital version of a scratch-off lottery ticket, while leaving the overwhelming number of people who use such products worse off. Share of Households That Are Financially “Vulnerable” Ticks Up The Financial Health Network’s 2026 Financial Health Pulse® report adds context on how American households are faring. (I linked to this report in last week’s newsletter, but wanted to take time to further unpack the data in the report this week.) The Financial Health Network publishes the report annually, providing insight into how Americans’ financial circumstances are changing over time. The 2026 report is derived from a survey fielded in April and May 2026. The report leverages survey responses to assess indicators of financial health across spending, saving, borrowing, and planning/protecting and to determine a zero to 100 “FinHealth” score. Those with scores between 0 and 39 are considered “Financially Vulnerable,” consumers with scores ranging between 40 and 79 are defined as “Financially Coping,” and those with scores of 80 to 100 are “Financially Healthy.” The report found that moderate improvements in 2025 were reversed, with the share of respondents considered financially “vulnerable” rebounding to 17%. The longitudinal data reflect the impact of pandemic-era programs, like expanded unemployment, cash stimulus payments, and pauses of federal student loan payments. The positive impacts of those programs, as reflected in the Financial Health Pulse reports, had largely disappeared by 2023. While pandemic-era inflation — to be fair, in part caused by the various support and stimulus measures — had come down from as high as 9% in 2022, it has rebounded since the start of Trump’s second term, with tariffs and energy market disruptions owing to the war in Iran pushing prices back up. Specific indicators in the survey that deteriorated from 2025 to 2026 include the share of respondents spending less than their income over the past 12 months, the share paying all bills on time over the past 12 months, the share that have a manageable amount or no debt, the share that are “moderately” or “very” confident their insurance is adequate to cover them in an emergency, and the share that “somewhat” or “strongly” agree that their household plans ahead financially. Unsurprisingly, lower- and moderate-income households are more likely to struggle to pay their bills on time and have any funds leftover to save. The share of low-income households whose income exceeded their spending dropped from 35% in 2025 to 31% in 2026, while the share of upper-income households whose income exceeded expenses remained unchanged at 63%. Households with student loans or revolving credit card debt reported having “a bit more” or “far more” debt than was manageable at rates far higher than those not carrying these types of debts. The share of those with student loan debt indicating their debt load was too high to manage increased from 50% in 2025 to 55% in 2026, while the share of those with revolving credit card debt saying the same ticked up from 51% in 2025 to 54% in 2026. Households that had student loans were markedly more likely to be financially “coping” or “vulnerable” vs. those without student loans. In 2026, 27% of households with student loans were considered financially vulnerable, a jump of 6% points vs. 2025. Households without student loans saw just a 1% point increase (not statistically significant) in those considered financially vulnerable. Households’ perception of the affordability of categories of goods and services paints a stark picture, with less than one-fourth considering higher education affordable, about a third deeming childcare affordable, and less than half viewing healthcare as affordable. Fintech Business Weekly is made possible by the generous support of paying subscribers — bringing you independent analysis of banking, fintech, and crypto without fear or favor. You can support my work by becoming a paying subscriber if you aren’t already. Paying subscribers enjoy: access to the entire archive of nearly six years of newsletters extended versions of the weekly newsletter, with additional content and analysis and (for founding member tier) quarterly personal 1:1 fintech Q&A / strategy calls with me, tapping into my unparalleled knowledge of the intersection of banking and fintech and experience working in the sector, including helping to launch Goldman Sachs’ retail bank Marcus Support Fintech Business Weekly You can also support Fintech Business Weekly by sponsoring a newsletter or podcast, putting you in front of 93,000+ of the most influential decision makers in banking, fintech, and crypto. Learn more about sponsor opportunities or request a media kit by dropping me an email. Democratic Senate Report Highlights How Iran Uses Tether to Evade U.S. Sanctions Iran uses stablecoins, specifically Tether, to evade sanctions, fund regional proxies, and to purchase military drones, a report released last week by the Senate Permanent Subcommittee on Investigations says. The report was authored by committee ranking member Senator Richard Blumenthal (D-CT) and the minority staff. Crypto and stablecoin proponents will often push back on criticism that criminals make use of these assets by arguing that, on an absolute dollar basis, far more illicit funds flow through traditional banking systems and payment rails than via crypto and stablecoins. And while that is likely true, it elides the reality presented in news story after news story: whether state actors — Russia, Iran, North Korea — or criminal groups, those looking to engage in illicit transactions increasingly favor stablecoins and, specifically, Tether (USDT). The report from the Senate Permanent Subcommittee on Investigations released last week adds context to how Iran uses Tether has a lynchpin in its shadow banking system. The report analyzed 846 wallets that have been sanctioned or targeted for seizure, finding that 84% of them transacted exclusively or primarily in Tether. The ability to create near limitless, anonymous wallets and to move funds effectively instantaneously and irreversibly have made crypto a favored financial mechanism for bad actors. Stablecoins solved key drawbacks of bitcoin, namely, the original cryptocurrency’s highly volatile value in dollars. And while Tether (the company) has the technical ability to “freeze” or destroy funds, the company is often limited and reactive in its approach to doing so, the Senate report argues. Tether, which is nominally based in crypto-friendly El Salvador, “has stated that its compliance with OFAC sanctions is ‘voluntary’ and that it follows ‘OFAC guidelines,’” the Senate report says. Owing to these favorable attributes, Tether “became a primary cryptocurrency for Iran, Hamas, Hizballah, and the Houthis beginning in 2023 and has expanded in scale since,” according to the report. Tether’s role in Iran’s shadow banking system, the report says, is enhanced by crypto exchanges like Bybit, Kyrrex, OKX, Gate, and Binance, and through “over the counter” exchanges and hawala networks. The consequences of these financial flows aren’t hypothetical. The Senate report links Tether as a funds transfer mechanism to Iranian proxies in the region, including Hizballah, the Houthis, and Hamas. Tether has also been used to make payments to secure components necessary to manufacture drones, the report says. The report concludes by arguing that “[s]tablecoin issuers with a significant nexus to the United States, particularly those that offer dollar-denominated stablecoins, should be subject to American sanctions law rather than being allowed to hide behind foreign jurisdictions.” Stablecoin issuers like Tether must be held accountable for repeated failures to prevent illicit finance and sanctions violations by law enforcement, the Department of Justice, the Securities and Exchange Commission, and OFAC, the report argues. [Paying Subscriber Exclusive] OUSD Goes Live, Make Your Own Neobank, U.S. Sanctions Russia’s A7 Network As “Transnational Criminal Organization” OpenUSD, the stablecoin issued by the Open Standard consortium that includes Stripe, Visa, Mastercard, core providers, crypto firms, and numerous banks, went live last week. Social commerce platform Whop raised eyebrows in fintech by offering creators on its platform the ability to launch their own neobanks, which the company describes as “great businesses that are easy to run,” in just 15 minutes. And OFAC and FinCEN target Russia’s “shadow banking” A7 Network — more on these stories after the paywall.
Queen Creek chamber hosts Women in Business Conference
The Queen Creek Chamber of Commerce is gearing up to host its bi-annual Women in Business Conference. This half-day conference, set for November, will offer a morning of learning, connection and …
Local movie theater, radio station and paint store owners win Chamber of Commerce’s 2026 awards
Gross-Alaska Theaters is business of the year, Cliff and Lisa Dumas are citizens of the year, and Charlie Williams gets lifetime achievement award at annual gala Saturday.
Maine candidates for governor set to appear at Portland business forum
Maine's three candidates for governor are set to appear Wednesday morning at a Portland Regional Chamber of Commerce forum focused on the issues facing the state and its business community.