The first observance of Labor Day was likely on Sept. 5, 1882,
when some 10,000 workers assembled in New York City for a parade. That
celebration inspired similar events across the country, and by 1894 more than
half the states were observing a "workingmen's holiday" on one day or
another. Later that year, with Congress passing legislation and President
Grover Cleveland signing the bill on June 29, the first Monday in September was
designated "Labor Day." This national holiday is a creation of the
The Department of Commerce has taken advantage of several
opportunities to support its commitment to Asia, an important region with some
of the world’s fastest growing economies.
Under Secretary of Commerce for International Trade Francisco
Sánchez visited Brunei this month for the
Association of Southeast Asian Nations (ASEAN) Business and Investment Summit. His message to the Summit
was that ASEAN remains an important partner to the United States and a key
player in the global marketplace.
You may have built up considerable money in your 401(k) at a job or in your IRA and now you want to start a business or turn your sideline venture into a full-time activity. Can you use the money in your retirement account as capital for your business without incurring a tax bill? If you follow the rules carefully, the answer is a qualified yes.
While in Houston, Texas today, Secretary Pritzker visited a U.S. Export Assistance Center (USEAC), part of the International Trade Administration (ITA), and met with USEAC employees and employees from the Bureau of Industry and Security’s (BIS) Houston field office. The secretary's visit was part of her latest stop on a nationwide listening tour and was an opportunity to thank the employees for their work for the Department of Commerce.Read More
Guest blog post by Len
Waterworth, Executive Director of the Port of Houston Authority.It was an honor to host the U.S. Secretary of Commerce, Penny
Pritzker, at one of the nation’s busiest and most critically important ports,
the Port of Houston.
Secretary Penny Pritzker today announced that
the Department’s Economic Development Administration (EDA) is awarding a
$600,000 grant to The Idea Village, Inc., of New Orleans, La., to support
programs that assist entrepreneurs in building their businesses and creating jobs.
Secretary Pritzker is in New Orleans today as part of her nationwide listening
tour, and made the announcement at The Idea Village after meeting with local
entrepreneurs, mentors and business leaders.The EDA investment announced today will support
Under the Affordable Care Act, the government, insurers, employers, and individuals share in the responsibility to improve the availability, quality, and affordability of health insurance coverage. The individual shared responsibility provision is a key part of helping to deliver the law’s consumer protections at an affordable cost. It makes these protections possible by ensuring that individuals do not just wait to purchase insurance when they are sick and drop coverage when they are well, which drives up premiums for everyone.
Aug. 28, 1963, Martin Luther King Jr. spoke to more than 200,000 people from
the steps of the Lincoln Memorial during the March on Washington for Jobs and
Freedom. His famous "I Have a Dream" speech and the march were key
moments in the American Civil Rights Movement.
To mark the anniversary, the U.S.
Census Bureau has gathered key statistics that measure changes in
some aspects of the black population to date.
Are you getting ready to launch your business, but in need of some expert guidance? Or could you use some insight about how to manage and grow your existing small business?
People often ask me how they can project basic numbers for a new business that hasn’t started yet. I’ve done some things already, in this space, on how to do that for a new product and a sales forecast (links in the last paragraph). In this post I’m offering the same kind of advice for projecting expenses.