Business By Dennis Boyd / Small Business Matters | Monday, September 17, 2018, 12:05 a.m. Share this story A customer pays with a chip credit card on Feb. 16, 2016 at a Target Express store in Chicago. (Abel Uribe/Chicago Tribune/TNS) Do you know what your credit score is? This is one of the first questions I ask startup or current business owners when they come to me to talk about financing for a new business or a business expansion, and all too often the answer is “no,” or “I looked a few years ago, but I’m not sure now.” ADVERTISING Most often business owners or owner wannabees need to fall back on their own resources and credit for financing. This is where credit scores come in because even with established businesses, financial institutions are partly basing the decision on whether to loan or not on the owner’s personal creditworthiness. A credit score is a shorthand representation of one element of what … [Read more...] about Small Business Matters: Personal credit scores matter in business financing
Which credit bureau does capital one use
The White House, facing a brutal midterm landscape, is looking for ways to bask in the glow of a nine-year economic expansion. President Donald Trump and his economic advisers want recognition for their 20 months in the White House. The White House on Monday extended its argument that the strong economic growth underway across the U.S. is its own — not a trend that began years ago under former President Barack Obama.Story Continued Below The latest assertion, in a lengthy appearance during the White House press briefing by Council of Economic Advisers Chairman Kevin Hassett, contradicted the conclusions of most mainstream economists and appeared to signal that the Trump White House feels a strong economy isn't sufficient reason to vote Republican in the midterms unless it creates a contrast with Obama. Hassett denied his appearance was prompted by a Friday speech in which Obama said, "When you hear how great the economy's doing right now, let's just remember when this recovery … [Read more...] about Trump fights to wrest credit for the economy from Obama
“As in most cities, jaywalking is a common sight in Colorado Springs. Even the most law-abiding citizens do it from time to time,” reports The Gazette in Colorado Springs. “But Colorado Springs police are warning that jaywalking also is one of the most frequent causes of fatal crashes in the city — along with aggressive driving, impaired driving and street racing. Of the 35 fatalities reported to police through Wednesday, seven of them have involved pedestrians. In previous years, there have been as many as 11.” “The use of body cameras by Durango Police Department officers is slated to begin in early November with a 30-day trial, and public comment on policies that will guide their use began with a town hall meeting,” reports The Durango Herald. “‘In a meeting with officers, the main question we got was: When are we going to get one,’ said Cmdr. Ray Shupe at the town hall held Wednesday at the Durango Community Recreation … [Read more...] about The Home Front: In Colorado Springs, jaywalking is ‘one of the most frequent causes of fatal crashes’
Follow @wjmckelvey CARLISLE -- Outside The Bon-Ton, a clerk in a blousy Oxford shirt and dark gray slacks takes a few last drags of his cigarette on the second-to-last day he'll serve customers here. He nods wordlessly as patrons walk by on their way to the slim pickings inside. "Take 95 percent off," reads one sign, above a rack of women's sweaters. "Was $44.00. You pay $2.20." The Bon-Ton is among the final holdouts of The Point at Carlisle Plaza, built in 1964 amid a nationwide retail boom that drew commerce away from downtowns and closer to a rising suburban middle class. But retail is a fickle business subject to the whims of demographics, the economy and popular taste. Over the past two decades, the once-bustling mall shed one anchor, Kmart, and then another, JCPenney, and finally The Bon-Ton, too. Department stores shed some 500,000 jobs since 2002, according to the U.S. Bureau of Labor Statistics. The closing of Bon-Ton stores, like this one in Carlisle, will add about 2,225 … [Read more...] about What does the future hold for Pennsylvania’s dying malls?
Tommy Williams Published 12:00 p.m. UTC Aug 12, 2018 Capital gains tax reform comes with a big price tag: $100 billion over 10 years. A capital gain is any increase in the value of an asset, such as an investment, a home, land, etc., between its purchase and its sale. Simply put, the amount of a gain is determined by subtracting the purchase price from the sale price. Last week, the White House proposed capital gains be adjusted or ‘indexed’ for inflation before they are taxed. Princeton Professor Alan Blinder explained the idea in The Wall Street Journal: “Why index gains? Suppose you own a stock for many years, during which time overall prices have doubled because of inflation. Over the holding period, the value of your stock also has doubled. When you sell, the proceeds have precisely the same purchasing power as the original purchase. There’s no gain, no loss. But under current tax law, you owe taxes on the phantom ‘gain.’ Worse, if your … [Read more...] about Should capital gains be inflation adjusted?