Shopify president: Small businesses in America are the backbone of the economy

The president of one business has his sights focused firmly on big success for small businesses in America — and his firm has a lot to do with it. 

Harley Finkelstein, who runs Shopify, told FOX Business in an interview this week, “It’s quite clear, especially post-pandemic, that small businesses are the backbone of the entire economy. They’re very, very important.”

In the past few years, Finkelstein, who is based in Canada, said that the United States and indeed the world has seen that “the only constant in commerce

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A longstanding pillar of Boston’s economy, finance is fading even faster since COVID

It’s a trend that can be linked to the pandemic and the rise of remote work. But it also underscores deeper concerns that Boston-area business leaders have long held, particularly since the Great Recession hit in 2008.

The city has long been a financial services hub. It’s the birthplace of the mutual fund and the center of banking in New England. But industry consolidation, automation, and the high cost of living have gradually chipped away at that status. The ranks of people working in financial services in Massachusetts have stagnated, never getting back to the peak of 192,000 jobs seen

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Used casket traded in for cash loan at pawn shop amid cratering economy

A used casket was reportedly traded in for a cash loan at a pawn ship in Aurora, Colorado, as the U.S. economy continues to decline.

Scott Pasternack, who runs Pasternack’s Pawnshop in Aurora, said the used coffin was traded in during the past year and that other typically personal belongings have been pawned off recently, according to local Fox affiliate KDVR.

The coffin is now reportedly being sold for $499.

“Our loans have gone through the roof with the economy being

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23 Examples Of The Service Economy

Business ServicesCoinbase status remains alert to market place circumstances and competitive across the cryptocurrency trading market The status both of the web site and its currency are naturally essential to its investors and traders. Irrespective of the solutions presented, every single provider should have a failsafe strategy in spot, in case of a catastrophic occasion. Business services, such as accounting, advisory, taxation, advertising, engineering, legal, analysis agencies, pc programming, etc. Unlike products or goods services are intangible A big portion of the business industries is present in the service sector.

If so, you could find your calling in one particular of … Read more

Afghanistan: Taliban face financial squeeze from West | Business | Economy and finance news from a German perspective | DW

The speed of the Taliban’s capture of Afghanistan last weekend has left the West scrambling to curtail the Islamist militants’ grip on the country. Military action has been all but ruled out and instead the United States and its NATO allies have turned to financial warfare.

US President Joe Biden and the Federal Reserve have frozen billions of dollars in Afghan currency reserves held in the US. Nearly $9 billion (€7.7 billion) in assets are kept in the US and other countries, including $1.2 billion in gold and more than $300 million in international currencies.

In anticipation of the fall

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Reinventing the ancient Benin economy | The Guardian Nigeria News

Edo modular refinery

The Bight of Benin is metaphorical of the economic exploit of the ancient empire before the greed of Europe vanquished the empire. Their visit and subsequent attack blighted the unequalled economic adventure of the ancient kingdom.

Notwithstanding the European invasion and the epic battle for the economic soul of the empire, the modern Benin City, and, indeed, the entire Edo State, is synonymous with artistic ingenuity.

The creative works in the forms of sculptures, paintings, bronzes and many others are as rich as the history of civilisation, earning it “the Great City of Benin” as far back

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