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Starmer says he'll resign as UK prime minister, roiling British politics yet again
British Prime Minister Keir Starmer said Monday he will resign, forced out by his own party after missteps and mistakes soured voters’ goodwill following a landslide election victory two years ago on a promise of steady leadership and economic growth.
From pumpkin to plant: Young learners discover the science of growth through ‘Science Eye’
CLARK — Students in Eri Parker’s class in the Clark Preschool Program are developing critical observation, language and
U.S. Bank Survey Finds Gen Z Small Business Owners Are Making Bigger Bets to Drive Growth
Gen Z Momentum: Gen Z owners are nearly twice as likely as Gen X and Baby Boomer owners to make bigger bets on growth, while also reporting stronger business performance Growth Continues, But Less Widespread: Many small businesses are still expanding, though fewer are doing so as economic pressures persist AI Adoption Gap: Businesses adopting generative AI and digital tools are more likely to be in a growth phase U.S. Bank released its fourth annual Small Business Perspective survey report today, highlighting how small business owners are navigating a more constrained environment, and how a new generation is building businesses differently. The nationwide survey of 1,000 small business owners, including an oversample of 200 Gen Z owners, shows that while many small businesses are still expanding, fewer are growing than a year ago amid ongoing economic pressures and rising costs. U.S. small businesses are still seeking to grow, despite economic concerns. “Growth may not be as
Katy Growth Tracker: New Restaurants, Entertainment Expansion and 348-Unit Apartment Project
Several commercial and residential development projects are moving forward across the Katy area, including new restaurants, an entertainment venue expansion and a large apartment community planned in Jordan Ranch.
First Business Bank Funds $1MM Factoring Facility for Transportation Company Growth
First Business Bank’s accounts receivable financing team recently closed a $1 million factoring facility to support the continued growth of a transportation
Global entertainment revenues to reach $4.2 trillion by 2030 as advertising powers industry growth
The global media industry is on course to generate US$4.2 trillion in annual revenues by 2030, according to the latest forecasts. The sector will add around US$600 billion in new revenue over the n…
First Business Bank Funds $1MM Factoring Facility for Transportation Company Growth
First Business Bank’s accounts receivable financing team recently closed a $1 million factoring facility to support the continued growth of a transportation
Global entertainment and media advertising revenues to hit US$1.4 trillion in 2030 - as global box office continues recovery: PwC
The global entertainment and media (E&M) industry will hit US$4.2 trillion in revenues in 2030, growing at a CAGR of 3.4%, as AI-powered advertising and in-person, live experiences power growth in the industry, according to PwC's Global Entertainment & Media Outlook 2026-30, released today.
Global entertainment and media advertising revenues to hit US$1.4 trillion in 2030 – as global box office continues recovery: PwC
The global entertainment and media (E&M) industry will hit US$4.2 trillion in revenues in 2030, growing at a CAGR of 3.4%, as AI-powered advertising and in-person, live experiences power growth in the industry, according to PwC’s Global Entertainment & Media Outlook 2026-30, released today.
Science-Backed Beauty Formulations Market Size and Growth Analysis Study 2026 to 2035
Global Science-Backed Beauty Formulations Market Size is predicted to grow at a 8.6% CAGR during the forecast period for 2026 to 2035. The skincare formulations segment is set to take a large share of the science-backed beauty market. This growth comes from more people focusing on skin health, anti-ageing, acne, hyperpigmentation, and barrier repair.
Eagles offensive line questions that must be answered in camp
The Eagles enter training camp with offensive line questions tied to Lane Johnson’s health, Cam Jurgens and Landon Dickerson’s rebound seasons, Tyler Steen’s growth, and Jordan Mailata’s dominance
NH's Business: Summer Employment Growth
Fred Kocher sits down with Ben Reynolds with the New Hampshire Fiscal Policy Institute to talk about summer employment growth and decreases across the state.
Lincoln Day Dinner: GOP gubernatorial candidates talk growth, business, preserving Tennessee culture
Two candidates in Tennessee's gubernatorial race discussed growth, business recruitment and preserving Volunteer State values at Saturday's Lincoln Day Dinner, the Hamilton County Republican Party's largest annual fundraiser.
Does Advertising Business Growth Assert AppLovin Corporation (APP) as a High-Growth Large-Cap Stock to Buy?
AppLovin Corporation (NASDAQ:APP) is one of the high-growth large-cap stocks to invest in now. On June 10, Benchmark reiterated a Buy rating on AppLovin Corporation (NASDAQ:APP)and a $775 price target. The research firm remains bullish on the stock, impressed by the company’s prospects in its consumer advertising business. A recent investor presentation affirmed management’s confidence […]
What's Going There: Major retail, dining and entertainment projects take shape on St. George's east side
Piles of lumber, tractors, workers walking around in hard hats – welcome to Southern Utah. The area's growth is seemingly unstoppable, with new buildings and renovations springing up everywhere you
How To Start A Profitable B2B Business—And 11 Ideas Worth Exploring
From consulting to SaaS, these profitable B2B business ideas can help you build recurring revenue and long-term growth.
District leaders celebrate strides in local and minority business contracting
Through the D.C. Community Anchor Partnership, 17 major institutions have spent more than $1.5 billion with D.C.-based businesses, including nearly $1 billion with minority-owned firms. The initiative’s leaders say it is reshaping how large institutions approach contracting by connecting them with local businesses and building capacity for long-term growth.
Breakthrough Science Meets Market Skepticism: Insight Molecular Diagnostics Inc. (IMDX)’s Defining Moment
Insight Molecular Diagnostics Inc. (NASDAQ:IMDX) is one of the high-growth micro-cap stocks to buy now. On June 11, Insight Molecular Diagnostics Inc. (NASDAQ:IMDX) announced the online publication in the American Journal of Transplantation of new data demonstrating the statistical superiority of its flagship GraftAssure transplant rejection monitoring assay. The study showed that the novel GraftAssure […]
MUSC Health passes $10B budget, reflecting growth in drugs and population
Medical University of South Carolina and its hospitals and physicians will have a budget that tops $10 billion next fiscal year, driven by the cost of drugs and a growing population in the state.
Kansas City’s Black-owned businesses court World Cup visitors with a new shopping guide
The hope is that the World Cup, predicted to bring in more prospective shoppers than Kansas City has ever seen at once, jumpstarts long-term growth.
Tech Investor Prosus’ Revenue Rises on Growth Across Businesses, Tencent
Core headline earnings are expected to increase between 19% to 28% reflecting strong revenue growth and profitability across its businesses, most notably Tencent.
Tech Investor Prosus’ Revenue Rises on Growth Across Businesses, Tencent
Core headline earnings are expected to increase between 19% to 28% reflecting strong revenue growth and profitability across its businesses, most notably Tencent.
Local business celebrates 100 years in Jackson
Irby and Sonepar officials said the next hundred years will bring continued growth — with plans to push into new markets around the globe.
Sony drops “PC”, adds “AI” to official PlayStation business strategy summary
Sony had made some conspicuous edits and updates to its description of PlayStation’s “business environment and strategy,” in a new annual report filed to the U.S. Securities and Exchange Commission today. These changes are part of a 379-word overview of Sony’s strategy for its Game & Network Services (G&NS) division, which is another name for PlayStation. The chunk about PlayStation strategy is part of a voluminous financial report filed by Sony each June. This year’s is 229 pages long. Differences to any part of the filing—word changes made from year to year, as Sony provides a breakdown of its business for investors—can be illuminating. For example: A line from 2025 about how the PlayStation team “aims to achieve sustainable and profitable business growth” has been changed in the 2026 version to “aims to achieve sustainable business growth.” Notice which word they cut? That’s a pretty clear tell about how Sony expects its profit margins to be squeezed this year, due to rising chip costs for its hardware, among other things. A line from 2025 that stated “Sony plans to continue its efforts to deploy its first-party titles to multiple platforms such as PC” had been cut from the 2026 version. That appears to be Sony’s admission by omission that it has backed off releasing its biggest games on PC. Bloomberg’s Jason Schreier reported in March and again in May that Sony’s big single-player marquee games are no longer planned for time-delayed release on PC.1 A whole new chunk has also been added about how “Sony is utilizing AI to unleash the creativity of studios and further enhance the PlayStation experience.” A full breakdown of the changes made from the 2025 version to the 2026 version is below. I’ve redlined them for you…
Advanced Tech on Station Informing Space-Designed Health Treatments
The Expedition 74 crew explored how weightlessness affects cartilage growth and the digestive system on Thursday to protect crew health and improve patient care on Earth. The orbital residents are also gearing up for a robotics maintenance spacewalk at the end of the month on the International Space Station.
Advanced Tech on Station Informing Space-Designed Health Treatments
The Expedition 74 crew explored how weightlessness affects cartilage growth and the digestive system on Thursday to protect crew health and improve patient care on Earth. The orbital residents are also gearing up for a robotics maintenance spacewalk at the end of the month on the International Space Station.
The Tricky Politics of Revenue
Our nation’s fiscal trajectory is unsustainable, in part due to the decline in revenue collection stemming from a series of tax cuts. Often enacted with bipartisan support, these tax cuts have severely damaged the linkage between economic growth and revenue flows to the U.S. Treasury. The result: Ev
Arsenal Capital Partners Adds Max Schechter as Head of Industrial Growth Business Development
/PRNewswire/ -- Arsenal Capital Partners ("Arsenal"), a middle-market private equity firm specializing in building industrial growth and healthcare companies,...
Sports team values keep climbing as media rights fuel growth
Chris Marangi, Co-CIO at Gabelli Funds, and Mike Ozanian, CNBC Senior Sports Reporter, say sports franchises remain scarce, growing assets supported by media rights, betting and rising fan engagement.
I had 2 job offers and chose the lower-paying option; how I decided
Rebecca Cavallo started looking for the next step in her career in 2021. She received two job offers and selected the lower-paying option for growth.
Kansas City’s Black-owned businesses court World Cup visitors with a new shopping guide
Kansas City G.I.F.T, a nonprofit focused on growing Black entrepreneurship, will distribute a guide in June that features 30 Black-owned businesses. The hope is that the World Cup, predicted to bring in more prospective shoppers than Kansas City has ever seen at once, jumpstarts long-term growth.
Health and Wellness Market Size to Hit $12.9 Trillion by 2031 Growing at a CAGR of 10.9%: Allied Market Research
As per a new report published by Allied Market Research, titled, "Health and Wellness Market by Product Type (Beauty & Personal Care Products, Health & Wellness Food, Wellness Tourism, Fitness Equipment and Others): Global Opportunity Analysis and Industry Forecast, 2022–2031," the global health and wellness market size was valued at $4.7 trillion in 2021 and is estimated to reach $12.9 trillion by 2031, growing at a compound annual growth rate (CAGR) of 10.9% from 2022 to 2031.
A surprising discovery reveals the kidney has a secret backup system
Scientists at Mayo Clinic have uncovered a surprising new way the kidneys conserve water, revealing a hidden backup system that works independently of the hormone long believed to control the process. The discovery emerged when researchers testing an old drug called probenecid expected it to worsen polycystic kidney disease (PKD) but found it actually slowed cyst growth instead.
The Face of Business Growth
Don Winkle brings a practical, solutions-oriented approach to mergers, acquisitions, and corporate finance.
AI for discovery science and healthcare delivery
AI's effect on scientific R&D and healthcare delivery and how policy can support further innovation and responsible growth.
Leidos (LDOS) Faces DHA Move To Replace It On Military Health Records
Defense Health Agency plans to replace Leidos Holdings (NYSE:LDOS) as lead systems integrator for the Military Health System electronic health record program. Change affects the company’s role in the multi year MHS GENESIS rollout across U.S. military treatment facilities. Decision introduces uncertainty for Leidos’ health segment and its position in the federal health IT market. Analysts have issued downgrades citing concerns about profit margins and organic growth alongside this contract...
Vanderbilt Health advances nursing innovation and workforce well-being in ‘Strong by Design’ State of Nursing address
She highlighted several systemic and financial programs designed to improve departmental collaboration between frontline staff and operational teams, and better support workforce well-being and professional growth.
US business inventories increase as expected in April
U.S. business inventories increased strongly in April, suggesting that inventory investment could contribute to economic growth in the second quarter.
Intel Advances Responsible Business Practices and AI-Driven Growth in 2025–2026 Corporate Responsibility Report
New report outlines progress and priorities as AI reshapes technology and global demand
Reid Sigmon Named Senior Deputy Director of Athletics/ Chief Business and Revenue Officer
ANNAPOLIS, Md. – Naval Academy Director of Athletics Michael Kelly has named Reid Sigmon senior deputy director of athletics/chief business and revenue officer, a newly created leadership position designed to accelerate revenue growth, expand business operations and enhance the long-term strategic positioning of Navy Athletics.
Patriots seeing growth from second-year wide receivers
Kyle Williams and Efton Chism each ended minicamp with touchdown receptions.
Five New Sport Programs Approved by Murray State University Board of Regents
After a thorough analysis of future departmental growth and campus enrollment strategies, Murray State Athletics is proud to announce that it will be expandi...
How States with Health Care Cost Growth Targets Are Using Their Data to Develop Bold New Policy Approaches to Constrain Spending
News article: In a new Health Affairs Forefront article, Michael Bailit, January Angeles, and Rachel Block show how states with health care cost growth targets have
Finance, accounting top business major enrollment growth
Overall business students held their place as the biggest group of U.S. undergraduates with 1.6 million enrolled this spring, according to the NSCRC.
Chautauqua County Announces Funding Opportunity for Youth Sports Programs
MAYVILLE, N.Y. — The Chautauqua County Youth Bureau is looking to expand opportunities for young people to experience the many benefits of youth sports, including teamwork, leadership, physical activity and personal growth.
87 Percent of Creators Say Creative AI Is Growing Their Business and Audience, According to Adobe’s 2026 Creators’ Toolkit Report
Adobe’s 2026 Creators’ Toolkit Report, based on a global survey of more than 16,000 creators, finds that creative AI is accelerating business growth, becoming essential to creative workflows and reshaping how creators think about the future of AI.
GitHub's AI surge pushes Microsoft into Amazon's arms
Microsoft is adding AWS capacity to GitHub after AI-driven growth strained infrastructure and triggered a series of reliability issues.
Downtown Cape Girardeau business leaders meet to discuss collaboration
Local business leaders gathered Monday at The Collective, an event center in Cape Girardeau, to discuss strategies for supporting each other’s success and sustaining downtown growth.
June 18 Vallejo/Vacaville Arts-Entertainment Source: Faces and Places
Sem Yeto High School Principal John McMorris announced plans to establish the Jamario Baker Legacy Award Fund to honor Jamario’s memory and support future students who demonstrate resilience, personal growth, perseverance, and…
Zach Wilcha building Independence Business Alliance for LGBTQ+ community
The Independence Business Alliance serves as the Chamber of Commerce for the LGBTQ+ community and its allies across the Philadelphia region. Zach Wilcha has been the CEO for the last decade and has seen incredible growth in its network of participants.
Microsoft sued by shareholders over expenses, cloud business, AI
Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure.
Microsoft sued by shareholders over expenses, cloud business, AI
Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure. The proposed class action led by a Michigan pension fund was filed in Seattle federal court on Friday, after Microsoft shares fell 10% on January 29 in response to its quarterly earnings report a day earlier. About $357 billion of market value was erased, and Microsoft's stock suffered its biggest one-day decline in nearly six years.
The shifting landscape for Black-owned businesses: An update to the Black Business Parity Dashboard
The latest Black Business Parity Dashboard reveals where Black-owned employer businesses are growing, where ownership gaps persist, and how closing those gaps could generate jobs, wages, and economic growth nationwide.
Are Investors Undervaluing Accel Entertainment (ACEL) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
InStride Health lands $30M series C to expand pediatric mental health services
InStride Health, a provider of specialty mental healthcare to children, teens and young adults, landed $30 million in series C funding to fuel its growth as it expands to new markets and broadens i | InStride Health, a provider of specialty mental healthcare to children, teens and young adults, landed $30 million in series C funding to fuel its growth as it expands to new markets and broadens its network of payer partners.
Vedanta Chair Confident About Dividends, Focused on Growth as Indian Conglomerate Splits Up
The founder of Indian conglomerate Vedanta said he is confident of continued dividends even as the company breaks up to pursue ambitious growth plans in a bet on booming commodities demand locally.
Why Marketing Feels Harder as Your Business Grows by Nathan Tayloe
At some point, most growing businesses hit the same moment. What used to feel straightforward starts to feel more complicated. Marketing takes more effort. Results feel less predictable. What once worked consistently begins delivering mixed outcomes. It is easy to assume something is broken. In many cases, nothing is. The business has simply reached a different stage. What Worked Before Starts to Lose Its Edge Early on, growth is often driven by a few things working well at the same time: Referrals are strong The value of the offering is clear The team is aligned Decisions are made quickly Marketing, in that stage, tends to feel easier because the business itself is easier to understand. As the company grows, that simplicity fades. The audience expands. Services evolve. New people join the team. More channels are added. More decisions are made across more touchpoints. Marketing is no longer communicating one clear story. It is trying to represent a more complex business. Complexity Creates Friction That added complexity does not always show up immediately. It builds over time. Messaging starts to drift. Different parts of the business describe what they do in slightly different ways. The website no longer reflects how the company actually operates. Sales conversations evolve faster than the brand. At the same time, more activity is introduced to try to keep growth moving: New campaigns More content Additional platforms More tools and reporting The volume increases. The clarity does not always keep pace. That is when marketing starts to feel harder. It’s Not a Lack of Effort Most teams respond to this stage by doing more. More output More meetings More adjustments More experimentation That effort is not misplaced. It is often pointed in the wrong direction. When the underlying issue is a lack of alignment, more activity tends to create more noise. Results become harder to interpret. Decisions take longer. Progress feels inconsistent. From the outside, everything looks active. From the inside, it feels less certain. The Real Shift As businesses grow, marketing becomes less about execution and more about alignment. The companies that navigate this transition well tend to refocus on a few fundamentals: A clearly defined audience A strong, consistent position in the market Messaging that reflects how the business actually operates Alignment between leadership, marketing, and sales When those elements are in place, execution becomes more effective again. Marketing does not necessarily become easier, but it becomes more consistent. A Different Kind of Discipline Growth introduces more opportunity, but it also demands more discipline. What worked when the business was smaller often cannot be scaled without adjustment. The systems, messaging, and decision-making that once felt intuitive need to become more intentional. That is not a sign of failure. It is a normal part of growth. Marketing feels harder because the business has become more complex. The solution is not to outwork that complexity. It is to bring clarity to it. The companies that do that well tend to regain momentum quickly. Those who do not often stay busy without seeing the same level of progress. — Learn more about how we help organizations align strategy, brand, and execution. Visit tayloegray.com, or reach out directly at nathan@tayloegray.com.
Athletic director: Eagles sports program drawing students, money to Northwest Arkansas Community College
BENTONVILLE -- Northwest Arkansas Community College is pursuing lofty enrollment growth goals, and athletics are playing a key part in recruiting students, according to the college's athletic director.
Why Accel Entertainment (ACEL) Is Up 9.5% After Beating Revenue Forecasts With 8.5% Growth
Earlier this quarter, Accel Entertainment reported quarterly revenue growth of 8.5% year on year, surpassing analyst expectations even as operating income trends were mixed. This revenue surprise stands out because it reflects resilience in Accel’s local gaming footprint while many consumer discretionary peers also beat sales forecasts. Next, we’ll examine how this stronger-than-expected revenue performance may influence Accel Entertainment’s existing investment narrative and growth...
Yellowstone wolves may not have reshaped the national park after all
One of the most celebrated claims about Yellowstone’s wolves is facing a major challenge. Scientists say the study behind the famous trophic cascade story relied on flawed methods that overstated the ecological impact of wolf recovery. Their reanalysis found no evidence for a dramatic, park-wide surge in willow growth. Instead, the effects appear smaller and vary from place to place.
Pipeline tax debacle threatening to Ohio's pro-business reputation
Ohio has worked hard to build a reputation as a pro-growth state. That progress is being jeopardized.
Scientists Link a Single Gene to Rapid Growth, But It Comes With a Catch
There's a price to pay.
Scientists Link a Single Gene to Rapid Growth, But It Comes With a Catch
There's a price to pay.
Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
The JPMorgan CEO has a message for remote workers: The customer comes first.
Sharon O'Keefe
As president of the University of Chicago Medical Center and chief operating officer of the 1,286-bed University of Chicago Medicine health system, Sharon O’Keefe oversees a clinical enterprise with annual operating revenue of $2.21 billion. In the past 18 months, UChicago Medicine opened an expanded adult emergency department—a $39 million investment—and an adult trauma center. Since 2011, the system has generated annual growth of nearly 5 percent in revenue and 4 percent in patient admissions. O’Keefe previously was president of Loyola University Medical Center and executive vice president and chief operating officer at Boston’s Beth Israel Deaconess Medical Center. She serves on the Illinois Hospital Association finance and audit committee and is on the American Heart Association’s Midwest affiliate board.
What new audit shows about Parkview Health finances
FORT WAYNE, Ind. (WANE) — An independent audit of Parkview Health and its subsidiaries showed strong 2025 financial growth at a time many Indiana hospitals struggled, but did little to quiet …
The World Cup Could Be the Biggest Sports Gambling Event Ever
At a time of sluggish growth, betting sites like FanDuel and DraftKings are counting on the global soccer tournament to boost online sports gambling.
Pro-economic growth policy back in business following primaries, some say
Some in the Republican party are feeling positive about returns from the June 2 primary when it comes to legislative races. Results could indicate a shift in policy and legislative leadership.
Tulane report urges healthcare investment to improve Louisiana economy, reverse population loss
A new report argues that Louisiana’s future population and economic growth depends on increasing investments in healthcare services and passing policies that address health disparities.
South Africa banks chase underserved mid-sized businesses to drive growth
(Corrects paragraph 7 to say in excess of 30% not about 30%, paragraph 9 to make clear that clients will grow by 7,000 not to 7,000) By Nqobile Dludla JOHANNESBURG, June 11 (Reuters) - In the glass-walled boardrooms of South Africa's biggest banks, executives are ramping up efforts to win clients from a once overlooked corporate segment: medium-sized companies that are now too lucrative to
UK Economy Shrinks as Iran War Damages Business Output After Earlier Growth
UK economy shrank in April on Iran war; West Ham’s ownership in question
Dehko Enterprises Announces Expansion of Business Development and Strategic Investment Operations
Michigan-Based Company Expands Growth Initiatives Across Business Development, Strategic Investments, Brand Building, and Emerging OpportunitiesWest Bloomfield, Michigan--(Newsfile Corp. - June 12, 2026) - Dehko Enterprises today announced the expansion of its business development and strategic investment operations as part of a long-term initiative designed to strengthen the company's position across multiple industries while pursuing new opportunities in business growth, strategic...
UFC announces global sports diplomacy partnership with U.S. State Department
In a development that has forever merged the worlds of combat sports and international affairs, UFC CEO Dana White and U.S. Secretary of State Marco Rubio signed a landmark Memorandum of Understanding at the State Department headquarters. Dana White doesn't approve of steady growth and instead ...
The 3 sectors where wage growth is still outpacing inflation
New data showed inflation outpaced wage growth for the second consecutive month in May. Three major sectors still have higher wage growth.
Roundup: BREC millage / New gas pipeline / Screwworm in pets
Partnership backing: The Greater Baton Rouge Economic Partnership supports renewing BREC’s parks and recreation millage on the June 27 ballot, saying parks and trails are key to quality of life and economic growth. Leaders say the renewal will help maintain a valuable community asset while BREC undergoes a leadership transition. They emphasize the importance of […]
Survey shows growing challenge of running a business in Maine
Nearly half of Maine businesses surveyed by the Maine State Chamber of Commerce cite workforce challenges and policy uncertainty as barriers to growth .
South African Business Body Questions Rate Hike as More Seen
South Africa’s main industry body questioned the central bank’s decision to raise interest rates at a time of weak economic growth and fragile business sentiment amid the war in Iran.
Social Security is Facing a Political Crisis
On Tuesday the Social Security Trustees released their latest report on the system’s finances. The numbers didn’t change much: Unless something is done, the Old Age Survivors and Disability Insurance (OASDI) program, Social Security’s official name, will be unable to pay full benefits starting in either 2032 or 2034, depending on some technical issues. That’s not far away: If the Trustees are right, the prospect of a Social Security crisis will loom over the next presidential administration. It’s important to understand, however, the nature of the looming crisis. It won’t be an economic crisis. It won’t even be a serious fiscal crisis. Whatever you may have heard, Social Security isn’t in danger of going bankrupt. What we’re facing, instead, is potential political crisis. Congress and the White House could easily take action to sustain America’s retirement system. But given the current state of our politics, there’s no guarantee that they will. There is a widespread misunderstanding of how Social Security works. While Social Security was designed to look like a pension fund, it isn’t. A pension fund pays benefits out of a stock of assets it has accumulated over time. In contrast, Social Security operates as a government transfer program, like food stamps or Medicaid. Now, unlike food stamps — but like the highway trust fund — Social Security is on paper supported by a dedicated tax, the payroll tax, that is assigned to that program. But I say “on paper” because from an economic point of view assigning the payroll tax to Social Security is just an accounting convention. What matters for the U.S. economy is the overall balance between government spending and government revenue, not the difference between one type of spending and one source of revenue. So there’s no inherent economic significance to the fact that by 2034 payroll tax receipts will be insufficient to cover promised benefits. There is, however, a legislative issue. As long as the Social Security Administration can pay benefits out of payroll taxes and its cash reserve, there’s no need for Congress to vote each year to authorize benefits — they just keep going out until further notice. However, once those resources become insufficient, benefits will fall —by 17 percent according to the Trustees — unless Congress passes new legislation that “tops up” Social Security’s finances. Yet the current administration and Republican party are such extremists that there is a real risk that Social Security will be held hostage on behalf of their goals. If this should come to pass, the hostage-takers will claim that shoring up Social Security is unaffordable. Right on cue, Mike Johnson, the Trump-sycophant Speaker of the House, declared on Monday that “entitlement programs” like Social Security “have to be adjusted and fixed,” and that Republicans will introduce a plan to that effect next year. But this is a ploy, because while the cost of maintaining Social Security benefits at their promised level isn’t trivial, it is in fact affordable. According to the Trustees’ report, the actuarial balance of OASDI up through 2050 — the amount of additional funds it would need to keep paying full benefits for the next 25 years — is 1.06 percent of GDP. To put that number in perspective, the Trump administration proposes increasing military spending next year by $420 billion, equivalent to about 1.4 percent of GDP – without any discussion of whether that’s affordable Yet how did we get to the point where Social Security will need to be topped up? The main answer is that we have an aging population, with a growing ratio of retirees collecting benefits to workers paying into the system: Trump’s anti-immigration policies are making this problem worse. According to the Trustees’ report, lower immigration will deepen Social Security’s financial hole because many immigrants are working-age adults who will pay into the system for decades before they collect benefits. In fact, this problem may be much bigger than the report acknowledges: The report’s baseline assumption is that we’ll have net immigration of almost 1.2 million people a year, and even the pessimistic case assumes 750,000 a year. Meanwhile actual net immigration has already been cut far below that — and may now be negative. Moreover, Social Security is being financially damaged by growing income inequality in America. Payroll taxes are levied only on wages up to $184,500, and they don’t touch capital income. With the distribution of income increasingly shifting from labor to capital, as well as becoming more unequal among wage-earners, revenue from the Social Security payroll tax has been falling as a share of national income. From 1990 to 2024, it fell from 5.02 percent of gross domestic income to 4.46 percent. Which brings me to the question that, these days, we ask about everything: How might Social Security be affected by the advent of AI? A short answer: If, as many of us fear, AI accelerates rising income inequality, it will further reduce the payroll tax receipts that currently pay for Social Security and further endanger its finances. On the other hand, if AI, as its advocates promise, leads to faster economic growth, it will increase the potential tax base that could and should be used to support Social Security and other social insurance programs. But to take advantage of that larger base, we’ll have to get serious about taxing wealth and capital income. Is Social Security in trouble? Yes, but only because of the way its financing is currently structured — a structure that no longer works well because our society and economy have become so unequal. Moreover, Trump’s immigration policies are further endangering its already deteriorating financial condition. So don’t believe Republicans’ gaslighting that it will be necessary to cut Social Security benefits. All that is necessary to preserve Social Security is political will to raise taxes on the wealthy and a sensible immigration policy. MUSICAL CODA Actually 67 under current law.
Walmart growth chief says AI is rewriting ad strategy
Ads have already overrun conventional search results, but Walmart's head of growth is taking a slower, more strategic approach to ads in AI commerce.
Alexander Chambers calls for faster business growth in Navajo presidential bid
Alexander Chambers says the Navajo Nation does not need more authority to build its economy. It needs a president who can move faster.
Bay Area business says economic uncertainty stalling workforce growth
Blount County business development focuses on small businesses, community growth
Tennessee being a business-friendly state has led to investment from Memphis to Chattanooga, Knoxville and the Tri-Cities.
How Much Should Governments Invest in Sports? Soccer Offers a Test Case.
The growth of soccer in the United States reflects decades of public-sector involvement, raising broader questions about sports-related economic development.
Photos: St. Louis Business 500 Live
On June 9, St. Louis Magazine hosted its inaugural St. Louis Business 500 Live event, presented by WashU Olin Business School. The first session, The Decisions Behind Growth, explored how leaders navigate the realities of growth, from capital decisions and team building to the unexpected challenges and opportunities that arise along the way. Guests kicked […]
Opinion | Health system growth and high-value care can go hand in hand
Expansion and value do not have to be mutually exclusive. Health care organizations should not have to choose between growth and quality, or between operational sustainability and patient-centered care. In fact, when integration is done well, those goals can strengthen one another.
Why strong health systems are essential to global growth
Breakthrough health innovations can only deliver on their promise when people can reach them. Read about why investing in health is crucial.
POP Culture Group Reports Revenue Growth of 65%, Driven by Digital Entertainment Expansion (CPOP)
Strong gains in digital entertainment helped boost revenue and operating income, highlighting a shift toward higher-growth business segments. Key Investor TakeawaysPOP Culture Group reported revenue growth of 65% year over year for the six months ended December 31, 2025.
Essentia Health-Fargo offers new minimally invasive procedure for uterine fibroids
Essentia Health-Fargo is now offering a minimally invasive, non-hormonal procedure to treat symptomatic uterine fibroids, which are non-cancerous growths in the uterus, offering women a uterine-sparing alternative to hysterectomy.
POP Culture Group Reports Stellar Half-Year Results: Robust Business Growth with Revenue Surging 141% Year-Over-Year
During the reporting period, the Company recorded net revenue of $68,902,790, representing a year-over-year increase of 65% compared to $41,813,266 in the same period of 2024, marking a leapfrog expansion in business scale. Revenue from the digital entertainment segment increased from $37.18 million for the six months ended December 31, 2024 to $66.57...
Agassi Sports Entertainment Signs Tennis Coaching Icon Darren Cahill to Expand Global Coaching, Content and Technology Initiatives
Former coach to Andre Agassi joins ASE to support the Company's Agassi Intelligence platform, premium content initiatives and global growth strategy
Canes' success spilling over to Raleigh business sector
"We've seen significant investment across numerous industry sectors and job growth here in this region."
GM eyes new battery chemistry to grow AI data center, energy storage business
GM is expanding efforts to capitalize on the expected growth of energy storage and data centers and the development of next-generation sodium-ion batteries.
Here’s what’s impacting the Ascension land market
Industrial expansion and retail demand are the main drivers in Ascension Parish’s land market as residential developers become more selective, according to Peter Laville with Elifin. Laville says Ascension’s strongest momentum is currently tied to industrial growth in Geismar and along the west bank, where major projects such as Hyundai Steel are creating demand for […]
Exclusive: SBA's Kelly Loeffler predicts AI will fuel Main Street growth
Despite economic fears, Americans are filing to start new businesses at near-record rates.
How Sports Are a Local Growth Engine
A recent Wharton panel discussed the potential economic impact of Philadelphia hosting the FIFA World Cup and other major events.
U.S. Accounting Undergraduate Enrollment Continues to Outpace Growth Rate for Business Majors Overall
/PRNewswire/ -- Accounting undergraduate enrollment in U.S. colleges and universities showed strong growth in spring 2026 and continued to eclipse the...
KC small businesses part of national growth trend
Kansas City is part of a national entrepreneurial hot streak, where Americans are starting businesses at a record pace.
Why health data sharing is leaving patients exposed
The rapid growth of health tech vendors and data sharing platforms is creating security gaps.