Market Watch

Brad Sims is the owner of S&A Motorsports, a used auto dealership in Springfield. He sells between 10 to 15 vehicles a month, with the majority of his sales coming from listings he makes on Facebook Marketplace. Sims said as a smaller, local dealership, he "hardly sells anything" off his lot to drive-by buyers. Marketplace allows dealers like Sims to connect with a wider range of potential customers, but a policy change is altering how both auto dealerships and real estate businesses can use the platform, which may impact business. In December, Facebook parent company Meta announced that the company will no longer support vehicle and real estate listings on Facebook Marketplace from sellers using business accounts , starting Jan. 30. Listings made on personal Facebook accounts will remain available. In lieu of traditional Marketplace listings, auto dealerships and real estate businesses will have to use marketing tools provided by Meta to create advertisement listings, if they wish to continue using the platform. Can a cut in scammers help small businesses? When Sims posts a vehicle listing to Marketplace, his personal Facebook account is listed under "Seller Information," but the listing is made on "behalf" of S&A Motorsports. Vehicle […]

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To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video This is a modal window. No compatible source was found for this media. More from this show Winnie Byanyima Symbolbild IT-Systeme About the show DW Business Sendungslogo DW’s Business News offers a global perspective of the most important economic events of the day in 13 minutes. Informative reports and up-to-date assessments by our correspondents guide our viewers through the constant flow of information. Compelling stories show the human being behind businesses and the economy. DW’s Top Story More stories from DW Africa Germany Go to homepage

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Michael Davis is the CEO and Founder of Merek Security Solutions , a data mindfulness and cybersecurity firm out of Santa Fe, New Mexico. Getty In the past, "midlife crisis" was often used to describe a period of doubt, restlessness and introspection that many people experience in their 40s and 50s. This period was often marked by a desire to reassess one’s career and life goals and to make significant changes to find greater purpose and fulfillment. However, in today’s digital age, the midlife crisis can evolve into something different for business leaders: a midlife digital awakening . Rather than simply questioning their place in the world, many business leaders are using this time to embrace new technologies and digital transformation initiatives to stay relevant, competitive and poised for growth in both personal and professional aspects. What’s causing midlife digital awakenings among business leaders? One factor is the growing importance of technology and digital skills in today’s economy. As businesses increasingly move to online and digital platforms, leaders must understand these technologies to remain competitive. This may lead to a midlife crisis mindset shifting into a midlife digital awakening as leaders recognize the need to adapt and embrace new […]

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Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Marijuana is legal in some form in 38 states and D.C. Cannabis businesses like dispensaries and cannabis cultivators face risks specific to the industry, such as theft, fire and lawsuits. For example, a customer could claim your product made them sick and sue your dispensary. You can think of cannabis business insurance as a small business insurance policy that contains several coverage types to address your business needs. Featured Partner Offers What Is Cannabis Insurance? Cannabis insurance is a small business insurance policy that is customized to address the risks specific to the cannabis industry. This includes problems such as workplace injuries, bodily injuries and property damage accidentally caused to others, crop failure and theft. Who Needs Cannabis Insurance? Here are some common types of small businesses that could benefit from cannabis insurance: Cannabis cultivators Cannabis delivery and transporters Cannabis dispensaries Cannabis manufacturers Cannabis wholesalers and distributors Hydroponic shops Medical cannabis physicians Testing laboratories What Does Cannabis Business Insurance Cover? A good cannabis insurance policy has a mix of several types of small business insurance that can cover […]

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Iberdrola SA is weighing the sale of a stake in its US renewables operation, people familiar with the matter said, as part of plans to bring in new investors across its business. The Spanish power company is considering seeking a financial partner for its existing green energy projects in the US and to help fund future initiatives, the people said, asking not to be identified discussing confidential information. Deliberations are ongoing and no final decisions on the size or timing of any stake sale have been made, according to the people. A representative for Bilbao-based Iberdrola declined to comment. Shares in Iberdrola were up 0.4% at 1:04 p.m. in Madrid on Monday, giving the company a market value of €69 billion ($75 billion). The move is in line with Iberdrola’s 2023-2025 strategic plan to pay-down debt and reduce its cost of capital by raising billions of euros through asset rotation and the sale of stakes in certain units. Earlier this month, it sold 49% of its Spanish renewable business to Norway’s sovereign wealth fund. It offloaded a stake in a German wind farm to Energy Infrastructure Partners AG in September and is also looking to sell an interest in […]

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Lauren Russell founded her social-media agency, Irresistibly Social LLC, in 2020. Lauren Russell, 23, is the founder of the social-media agency, Irresistibly Social LLC. In June 2022, Russell booked $16,000 in sales and regularly passes five figures in monthly revenue. She shared the steps she took to launch a social-media business and her advice on finding success. Sign up for our weekday newsletter, packed with original analysis, news, and trends — delivered right to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . While Lauren Russell was encouraged to climb a corporate ladder and take a more traditional approach to her career, the success of her travel blog, marketing videos on TikTok , and personal brand quickly became a lucrative alternative. "I was educating people on TikTok and, one day, I had a video go super viral," she said. "I woke up and had a calendar full of discovery calls" that viewers booked through the link […]

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Remember all the beat-up stocks investors wrote off last year? In an interesting twist, last year’s worst stocks are turning into the market’s first . And speculators are making a quick buck. The 10 worst S&P 500 stocks last year — including Generac Holdings ( GNRC ), Match Group ( MTCH ) and Align Technology ( ALGN ) — are blowing away the S&P 500 this year, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith . Additionally, this year they’re trouncing the performance of the best stocks of 2022. Talk about a role reversal. Seeing such a rally in beat-up stocks is yet another sign, along with surging meme stocks and a banner year for ARK Innovation ( ARKK ), that speculation is back in the market. "The market is hoping that all the bad news about (the fourth quarter) and forward earnings guidance is already baked into stock prices," said Nicholas Colas of DataTrek Research. From Worst To First In The S&P 500 Data undeniably shows what’s working in the S&P 500 this year is what fell apart in 2022. All 10 of the worst stocks in the S&P 500 last […]

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José Hernández, owner of La Petaca LLC, poses for a photo behind the counter at his shop where he sells medicinal herbs in Minneapolis, Minnesota on January 19, 2023. José Hernández shows off a bag of dried yellow elder flowers from behind the counter of his shop on Lake Street in Minneapolis. “This one is good for diabetes,” he says in Spanish. “Tronadora,” as it’s called in Spanish, is one of the most popular medicinal herbs that has helped rescue Hernández’s once-failing business. Earthy and floral scents permeate the small, packed space. The walls are lined with packages of dried herbs, vitamins, and over-the-counter medicines from different Latin American countries. High on the walls above the herbs sit a few suitcases, a reminder of how the business came to be. Hernández still remembers the panic he felt after starting his business, La Petaca LLC, in March 2020 when the COVID-19 pandemic took over the world. The store’s name means “the suitcase” in Spanish. As he leans on a glass showcase at the edge of his double stall at Plaza Mexico, 417 East Lake Street, the memories resurface fresh and vivid. “Everybody would tell me, ‘Don’t do it’,” Hernández says. […]

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New York City Mayor Eric AdamsPhotographer: Jeenah Moon/Bloomberg New York City Mayor Eric Adams on Monday will announce a new partnership with Goldman Sachs Group Inc. and Mastercard Inc. that will create the largest public-private loan fund for small businesses in the city’s history. The $75 million NYC Small Business Opportunity Fund will offer businesses loans ranging from $2,000 to $250,000 at a fixed below-market interest rate of 4%, regardless of the loan size. The program comes as many small businesses that struggled to stay open during the pandemic are still fighting to bounce back. “Small businesses throughout our city have been disproportionately impacted by the Covid-19 pandemic, and helping them get back on their feet is critical to an equitable recovery,” Adams said in a statement. More than 4,000 private businesses, including chain stores and retail banks, shuttered in New York from 2019 to 2021 during the height of the pandemic, the city comptroller’s office said. About 1,500 local businesses will be able to apply for the new loans, exempt from credit score minimums and application fees, according to the city. Christine Noh, owner of the apparel store Nohble, which was founded in 1982 by her parents, said […]

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FILE(Pixabay) TOPEKA, Kan. (WIBW) – A business known for passing savings onto customers in Topeka will soon open a new location in Lawrence. Officials at ReHome Stores – based in Topeka – say they will open a new location in Lawrence at 10 a.m. on Jan. 25. The new location can be found at 711 W. 23rd St. – in the Malls Shopping Center. The store will be open from 10 a.m. to 6 p.m., Wednesday through Saturday. Staff said the new storefront will feature a variety of discounted furniture, home goods, toys, cosmetics, kitchen goods and more. Employees at the new location are currently behind hired with an additional 5 – 8 jobs to be added to the community. “The success and growth of ReHome would not be possible without our loyal customers and incredible team members,” said Zach Haney, Owner of ReHome Stores. “I am so proud of our team and their commitment to create the ultimate customer experience. We are also grateful for the opportunity to serve the people of Lawrence.” ReHome said its mission is to save money for customers on the things they love while the ultimate customer experience is created around them. It […]

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