Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
Fed maintains wait-and-see mentality: The Federal Reserve appears unlikely to launch another round of economic stimulus to try to generate additional growth and quicken the decline in unemployment, according to minutes of the Fed’s March meeting released Tuesday. Officials forecast that unemployment was likely to come down only gradually over the next few years.
Obama blasts GOP budget: President Obama delivered a stern rebuke of the Republican vision for the country Tuesday, castigating the GOP as a “radical” party that has strayed so far from the political middle that its policies represent an affront to core American values. He added that the House Republican budget plan makes the Republicans’ 1994 Contract With America “look like the New Deal.”
Keep an eye ‘on’:
Factory orders rising: Boosted by demand for business equipment, orders to American factories rose 1.3 percent after a revised 1.1 percent decline in January, figures from the Commerce Department showed Tuesday. The median of 60 economists’ projections in a Bloomberg News survey called for a 1.5 percent advance.
Helpful advice ‘on’:
How to bring your business onto Twitter (TechRadar)
How to handle negative online reviews (Entrepreneur)
How to determine when to reveal your product (Inc.)
How to select great board members (Fox Small Business)