Nearly half of U.S. small-business owners are 55 or older, and with many lacking succession plans, jobs and local economies could face disruptions in the coming decade, experts warn.
The February jobs report showed wage growth accelerated to 3.8% on an annual basis, outpacing economists' expectations despite an increase in the unemployment rate, BLS data showed.
Byrna Technologies CEO Bryan Ganz moved manufacturing from South Africa to Indiana before President Donald Trump's tariffs, saying the company "correctly surmised" onshoring benefits.