Chris Schwegmann is getting creative with how artificial intelligence is being used in law. At Dallas-based boutique law firm Lynn Pinker Hurst & Schwegmann, he sometimes asks AI to channel Supreme Court Chief Justice John Roberts or Sherlock Holmes. Schwegmann said after uploading opposing counsel’s briefs, he’ll ask legal technology platform Harvey to assume the…
Speaker of the House Mike Johnson, R-La., speaks to the media after the House narrowly passed a bill forwarding President Donald Trump’s agenda at the Capitol on May 22, 2025. Kevin Dietsch | Getty Images As Senate Republicans debate trillions of tax breaks advanced by the House, some business owners could be blocked from part…
China News Service | China News Service | Getty Images The Trump administration’s trade truce with China that paused the steepest tariffs on Chinese goods isn’t offering much of a reprieve to many importers. Stacking of multiple tariff layers already implemented during the trade war has pushed up costs to import retail goods much higher…
Economic uncertainty affects everyone, but new data shows women small business owners are feeling the strain more acutely. This growing unease isn’t just a reaction to headlines; it reflects real concerns about inflation, market volatility, and long-term business viability. And it’s shaping how women view the economy and their financial future at a time when…
Chip Somodevilla | Getty Images News | Getty Images It’s often said that the economic reality on Main Street doesn’t match the mood on Wall Street, but right now small business owners are matching the market with increased confidence after a rocky start to 2025. After a significant decline in small business confidence in the…
Liz Whalen co-owns Rebel Rebel, a hair salon in Libertyville, Ill. that caters to LGTBQ+ clients. Courtesy: Lissete Briggs In the face of the anti-diversity, equity and inclusion environment, LBGTQ+ small business owners have remained resilient — and are actually starting businesses in record numbers. Some 10% of entrepreneurs who started their own businesses last…
German Adrasti | E+ | Getty Images While the national conversation around AI often fixates on large corporations and Silicon Valley breakthroughs, AI’s impact is also a reality on Main Street. AI is rapidly transforming small businesses and the shift goes beyond just boosting productivity to directly influencing staffing decisions and day-to-day operations. Small business…
Angel Zheng at Isshiki Matcha in New York, NY on May 21, 2025. Lisa Kailai Han | CNBC Angel Zheng is relying on the Japanese principle of “ikigai” to turn her passion for matcha — a powdered green tea with a unique taste and purported health benefits — into building what she hopes will be…
Logo with QR code for Fantuan Asian food delivery service in the Silicon Valley, Mountain View, California, January 3, 2021. Smith Collection/gado | Archive Photos | Getty Images NEW YORK – When Kelly Wu feels sick and wants a delivery of congee, the Chinese porridge she grew up eating, she opts for a platform many…
Nitat Termmee | Moment | Getty Images How to tell if you have qualified business income The QBI deduction applies to so-called pass-through businesses, which report profits or losses on individual tax returns. This includes partnerships and S-corporations, along with some trusts and estates. Sole proprietors, such as freelance, contract and gig economy workers, also…
